Trade Secrets: Their Role in Protecting a Business

This week on the Tech Law Hangout, host Jordan Becker is joined by John Gray, firmwide co-chair of Perkins Coie’s Trade Secret practice and vice chair of its Trademark, Copyright, Advertising & Internet practice, to discuss the importance of trade secret protection in the technology industry. 

They highlight the differences between trade secrets and patents, outlining the pros and cons of each. John covers the types of trade secrets technology companies typically possess, the challenges of identifying and protecting trade secrets, and measures companies can implement. Additionally, John discusses various aspects of trade secret protection, such as labeling, ways trade secrets can be lost, and recent legal developments. Emphasizing the significance of safeguarding trade secrets, he offers practical advice for companies.