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Trade secrets encompass confidential and proprietary information, such as formulas, processes, methods, techniques, or data, which provide a competitive advantage to a business. Trade secret protection relies on maintaining the secrecy of the information and implementing reasonable measures to ensure its confidentiality.
Trade secret misappropriation occurs when someone improperly acquires, uses, or discloses trade secrets without authorization, such as through theft or breach of confidentiality agreements. Assessing the damages associated with trade secret misappropriation often involves the calculation of either lost profits, reasonable royalties, or unjust enrichment damages.
Clients turn to Econ One’s experts for their expertise in trade secret misappropriation cases. Our specialists possess extensive experience in misappropriation analysis and damages assessment. They work closely with clients to identify the trade secrets at issue and quantify the financial harm caused by the misappropriation.
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