Trade Secrets SOLICITORS IN SOUTHAMPTON
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There may be numerous aspects of your business activities that hold considerable commercial value and could give someone else an unfair commercial advantage if they decide to misuse information gleaned from within your organisation.
The intellectual property specialists at David Ebert will identify these assets and help you to ensure that they are protected from being exploited without authorisation. If a breach may have taken place, it is essential to seek legal advice as soon as possible. This will minimise the impact on your business as well as the potential for the other party to benefit from the information.
We are very proud of the long-term relationships that we continue to develop within our diverse client base. We will provide a tailored and very cost-effective service according to your requirements.
Trade Secrets
Trade secrets do, in fact, generate intellectual property rights in English law. Unlike patents and trademarks, trade secrets do not need to be registered. A trade secret is defined in law as information that is secret, that holds commercial value because it is a secret and has been the subject of reasonable steps to ensure that it remains hidden.
Trade secrets protect aspects such as processes and methods and anything else that holds such value that it warrants protection. Trade secrets are the elements of commercial activity that are not disclosed to the public because they have the potential to give a company an advantage over its competitors.
It is not uncommon for employees to be obliged to sign a non-disclosure agreement if they are to know a company’s trade secrets.
Trade Secret Solicitors
Trade secrets can be protected by taking action for breach of confidence against someone who has disclosed the information. This is a common-law action that is based on the principle that the other party should not take an unfair commercial advantage based on information that was given to them in confidence. In order to take action for breach of confidence, you will need to show all of the following elements:
- The relevant information has the quality of confidence
- An obligation of trust exists. This may have been set down in the form of a contract, or it may be implied.
- The other party’s use of the information was unauthorised
You may also be able to take action for breach of contract if the other party has signed a non-disclosure agreement, although in certain cases this may be implied. When there is a non-disclosure agreement in place, you can seek redress through an action for breach of contract if the other party misuses the information.
Your specialist intellectual property solicitor will look at all of the facts of your case and accurately determine what has been agreed; to advise you on the best course of action to reach a favourable outcome.
Confidential Information
Confidential information is distinct from trade secrets because it refers to any information that is considered to be confidential. Sensitive data could encompass trade secrets. However, the definition is far broader than this and could include client lists and marketing strategies. Confidential information may be protected by requiring employees to sign a non-disclosure agreement, which may give rise to an action for breach of contract if this is later infringed.
Know-how
In intellectual property terms, know-how means the knowledge and expertise that a person may develop over a period of time. Know-how could include processes, methods and unpatented elements of your business activities, that someone else could potentially use to gain an unfair commercial advantage.
Know-how may, therefore, hold considerable commercial value to your business and can be converted into patents or trade secrets depending upon its nature, so that it then becomes protected and you can seek redress if an infringement arises.
There may be numerous aspects of your business activities that hold considerable commercial value and could give someone else an unfair commercial advantage if they decide to misuse information gleaned from within your organisation.
The intellectual property specialists at Stirling Ackroyd Legal will identify these assets and help you to ensure that they are protected from being exploited without authorisation. If a breach may have taken place, it is essential to seek legal advice as soon as possible. This will minimise the impact on your business as well as the potential for the other party to benefit from the information.
We are very proud of the long-term relationships that we continue to develop within our diverse client base. We will provide a tailored and very cost-effective service according to your requirements.
David Ebert & You
We Cover You With No Move No Fee
If the unexpected should happen we won’t charge you.
We Don’t Just Stop at Conveyancing
We want to ensure that the process is as stress-free and as affordable as possible. So we can take care of everything from surveys to removals or even updating your will with the new property.
We Keep You Up-to-Date
Our Solicitors and dedicated Client Services Team are here to ensure peace of mind and to answer any questions you have.
Fixed Fees
Once quoted we guarantee that your fee will not change.
We Can Work on Conveyancing Matters Across Southampton and the UK
Gone are the days of choosing an expensive high street solicitor based on where you live. In today’s world, the conveyancing process can be started and completed fully over the phone, through emails or by post.Our Southampton conveyancing solicitors are on hand to ensure that your conveyancing journey runs a smoothly as possible.
How does it work?
As soon as you instruct us, an expert property solicitor will be assigned to your case. They will work to untangle the conveyancing process for you and update you at every milestone ensuring that your needs are considered at every hurdle.
You get in touch with us
A solicitor will be assigned to you
They'll handle every process and keep you updated
Meet some of the lawyers on our team.
Speak to a solicitor today.
Although we are based in Southampton, we can handle all the legal and administrative aspects that come with conveyancing.
Most of conveyancing is handled without ever a need to meet your solicitor face-to-face.
You can contact us via form, post or even phone and we will be sure to assist you with any query.
