Trade Secrets/Non-Compete Breakfast Briefing
March 8, 2017
By: Bradley A. Hoppe Heath J. Szymczak
The Insider Threat to Your Business: Protecting Employers and Their Valuable Trade Secrets and Confidential Information from Malicious Employees and Competitors
According to recent studies, 59% of employees admit to taking valuable company data from their employer at or around the time of termination. Of those, 67% admit to using their ex-employer’s data in subsequent employment on behalf and for the benefit of competitors. The resulting cost to United States manufacturers and other companies is staggering, with annual estimated losses between 160 to 480 billion dollars.
Fortunately, on May 11, 2016, President Obama signed the Defend Trade Secrets Act of 2016 into law, thereby creating significant new protections for companies to mitigate these risks. Given the increasing value and theft of trade secrets, all employers, large and small, should reassess their practices in light of the new law — and take steps accordingly.These issues, and how they will impact non-compete agreements, will be discussed.
Please join Bond Schoeneck & King for a complimentary seminar to learn more about the Defend Trade Secrets Act of 2016, how you can take advantage of its protections, and ways to prevent trade secret theft from happening in the first place.
Presented by Bradley A. Hoppe and Heath J. Szymczak
8:30 - 9 a.m.
Registration and Continental Breakfast
9 - 10 a.m.
- Introduction to Trade Secrets
- Implications of Defend Trade Secrets Act of 2016
- Preventing Trade Secret Theft
- What to do in the Event of Trade Secret Theft
10 - 10:30 a.m.
This seminar is intended for the invited guests of Bond, Schoeneck & King PLLC.
Bond reserves the right to deny admission to any registrant.