ARTICLE
5 October 2016

Trade Secrets: Protecting Your Assets

SS
Seyfarth Shaw LLP

Contributor

With more than 900 lawyers across 18 offices, Seyfarth Shaw LLP provides advisory, litigation, and transactional legal services to clients worldwide. Our high-caliber legal representation and advanced delivery capabilities allow us to take on our clients’ unique challenges and opportunities-no matter the scale or complexity. Whether navigating complex litigation, negotiating transformational deals, or advising on cross-border projects, our attorneys achieve exceptional legal outcomes. Our drive for excellence leads us to seek out better ways to work with our clients and each other. We have been first-to-market on many legal service delivery innovations-and we continue to break new ground with our clients every day. This long history of excellence and innovation has created a culture with a sense of purpose and belonging for all. In turn, our culture drives our commitment to the growth of our clients, the diversity of our people, and the resilience of our workforce.
Significant developments in Illinois and Congress have changed the landscape of trade secret and restrictive covenant enforcement.
United States Intellectual Property

Significant developments in Illinois and Congress have changed the landscape of trade secret and restrictive covenant enforcement.  For example:

  • Congress' enactment of The Defend Trade Secrets Act (DTSA) in May 2016 created Federal protection for trade secrets
  • Federal and state regulators have increased their scrutiny of restrictive covenant agreements in certain industry settings
  • Illinois Restrictive Covenant Law is now in a state of flux due to conflicting opinions from local and Appellate Courts

Understanding the impact of these changes in Illinois (and each state where your company is located or does business), and the tools now available to employers for trade secret and restrictive covenant enforcement and protection, will help your company safeguard its most valuable assets and maintain its advantage over competitors.

Read on to access Seyfarth's resources, including our recently released guides; registration for our November 3rd Breakfast Briefing; and FAQs on Illinois Restrictive Covenant Law.

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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