Trade Secret & NDA
Business information can be legally protected through Trade Secrets. Consult with our business-savvy attorneys and they can help you determine if what steps to take to make sure you are protected.
What Is A Trade Secret?
Traditionally, trade secrets are legally protected information usually held by companies, secrets including formulas, patterns, compilations, programs, devices, methods, techniques, and processes. To meet the common definition of a trade secret, (1) there must be information, (2) the owner must have taken reasonable measures to protect the information, and (3) the information must derive independent economic value from not being generally known by the public. (18 U.S.C. § 1839(3)).
One big difference between trade secrets and its intellectual property counterparts—copyrights, trademarks, and patents—is that there is no set time limit for protection. However, once a trade secret is lost, it is lost for good. This means that once the confidential information is disclosed and no longer remains a secret, then that information’s trade secret status will be forever lost and unrecoverable. Of course, this is not to say there are no means for protection regarding trade secrets.
How Bold Patents Does Trade Secrets:
Trade Secret Identification: Know what you know! Business-savvy Bold Patents attorneys will conduct one or more detail Trade Secret identification consultations, preferably on-site in order to identify whether there is anything we would recommend seeking trade secret protection for.
Trade Secret Maintenance: Keep it Secret! Bold Patents Attorneys come on-site to educate and provide practical advice customized for your business for how to maintain one or more trade secrets given the law in the State. Our attorneys can craft customized Non-Disclosure Agreements, or Non-Compete Agreements to assure proprietary trade secret information does not leak outside of your company and in the hands of your competitors.
A Nondisclosure Agreement (NDA) is essential for any innovator or business working with non-employee 3rd parties. Either a bi-lateral or uni-lateral nondisclosure agreement will provide an enforcement mechanism in the event confidential information is either disclosed or misappropriated. Fill out this form for your own free NDA sample document to reference!
Kind Words from the Bold
"We have recently received Notice of Allowance from the USPTO for our soon-to-be-issued patent. The Bold Patents team guided our patent through the intricate and challenging process of earning patent approval. J.D., John Ahn and Maegan worked seamlessly to provide a high level of service for which I’m very grateful.“
-Katherine Burks of Seattle, WA
“J.D. is an EXCELLENT patent attorney. I am speaking from the lens of having seen the dedication and work that he puts into making sure that his practice functions as a well-oiled machine designed to produce results for his clients. You are in great hands here. I would gladly recommend a friend or family member to these guys!“
-Pete Maughan of Seattle, WA
“Wow, you guys work late! I was just about to send Maegan an email, so you must be reading my mind! I wanted to tell you and her thank you so much for scheduling the consultation with John and for sending me all the awesome and informative material. I was pleasantly surprised to receive your book in the mail and via email along with the helpful charts, and I felt well-informed about patents and the application process after reviewing all the materials. John was also very helpful in our 30-minute consultation today and I appreciated his kindness and expertise.“
-Christina Moldovan of Loma Linda, CA
“The associates at Bold are professionals to the core. Their knowledge and experience are expansive as well as trustworthy. Their services in helping me file a trademark for my business have been outstanding and I will definitely refer their firm to family, friends and associates.“