NEWS
David Schultz Article on Trade Secret Audits Featured in Minneapolis/St Paul Business Journal
November 8, 2009
An article by David Schultz, member of Maslon's Litigation Group, is featured in the November 6, 2009 edition of the Minneapolis/St. Paul Business Journal. The article is titled "Are Your Trade Secrets Really Safe? An Audit Might Find Out," and highlights the importance of a trade secret audit in sharpening the protections a company uses to safeguard its trade secrets.
Schultz writes, "Though trade secret audits cost money, they are worth the expense. The audit discipline assists the company in defining its trade secrets and in implementing appropriate procedures to prevent the theft or unintended disclosure of trade secrets. It also provides the company with the tools necessary to demonstrate in litigation that the trade secret has been adequately protected." Schultz goes on to state that the audit program itself has legal and evidentiary value on the company's behalf in showing that the company has taken reasonable measures to protect its own trade secrets.
David Schultz is a partner in Maslon's Litigation Group focusing on trial and appellate work in intellectual property and commercial litigation, mass tort and product liability, and civil and criminal fraud. He has also developed a practice in conducting public and private investigations.
Schultz writes, "Though trade secret audits cost money, they are worth the expense. The audit discipline assists the company in defining its trade secrets and in implementing appropriate procedures to prevent the theft or unintended disclosure of trade secrets. It also provides the company with the tools necessary to demonstrate in litigation that the trade secret has been adequately protected." Schultz goes on to state that the audit program itself has legal and evidentiary value on the company's behalf in showing that the company has taken reasonable measures to protect its own trade secrets.
David Schultz is a partner in Maslon's Litigation Group focusing on trial and appellate work in intellectual property and commercial litigation, mass tort and product liability, and civil and criminal fraud. He has also developed a practice in conducting public and private investigations.