A trade secret is a manufacturing, industrial, and
commercial secret. More particularly, a trade secret is a formula, practice, process, design, instrument, pattern, or compilation of information that:
Attorney Maxine Barasch counsels clients on protecting trade secrets, offering:
The law of trade secrets allows an individual or entity to have a perpetual monopoly over confidential information. Unlike many other forms of intellectual property, there is no term limit. A trade secret, however, is not protected from another person independently duplicating the information, process, compilation, etc., which constitutes the secret. Probably, the most famous example of a trade secret is the recipe for Coca-Cola®.
MAXINE BARASCH, ESQ.
KEOHANE & D'ALESSANDRO, PLLC