Trade secrets can be highly valuable corporate assets. However, their value is secure only with good legal counseling and, when necessary, enforcement. Such enforcement requires swift, decisive and determinative action. Akin Gump Strauss Hauer & Feld LLP has vast experience in trade secret matters ranging from industrial espionage to breaches of loyalty or contract by employees. When the situation demands, we are able to take decisive and often case-determinative measures immediately upon notice of a claim of trade secret misappropriation. Akin Gump’s IP litigation team has defended and brought motions for temporary restraining orders, preliminary injunctions and orders to show cause when necessary to protect such rights. Our lawyers have represented clients in civil and criminal trade secret disputes in state and federal courts, in civil matters before international tribunals and through alternative dispute resolution. One of our lawyers, a former U.S. Magistrate Judge in the Eastern District of Texas, presided over numerous matters involving theft of trade secrets and breaches of covenants not to compete. As a result of the diversity of experience in our practice, we have represented clients in trade secret matters in the electronics, telephone, automobile, pharmaceutical, computer, nuclear, consulting and chemical industries throughout the United States.
Long before litigation begins, clients must be able to identify and guard confidential commercial information so that it will be protected from misappropriation by competitors. As part of our commitment to client service, Akin Gump works with its clients to assist in protecting trade secret properties. Akin Gump’s IP lawyers conduct trade secret audits, evaluating and advising on methods to maximize the likelihood that valuable trade secrets will be deemed worthy of protection by the courts. Our lawyers also assist in human resources counseling to establish employee secrecy and non-compete policies that can be monitored and enforced and to guide our clients through cost-benefit analysis of litigation versus other forms of dispute resolution.