How will you respond when accused of trade secrets theft?

The police minister’s wife is accused of using trade secrets from her former employer in a corporate espionage case!

Trade secrets work both ways either you will accuse someone of stealing yours or someone will accuse you of stealing theirs, so how do you prepare?

It is an unavoidable fact that trade secrets litigation is on the rise and also that relationships end in dispute.

It is sensible to make some preparations.

In the Police minister’s wife case, she is accused ‘conspiring to poach her former employer’s client list for their new firm, leading to losses of approximately £1.5m’.

One red flag for me is the ‘delay in wiping her laptop’ …. it did not happen until after she had left the business!

At Exalt IP we help prepare for such eventualities.

How are you preparing your business for trade secrets theft?

https://www.theguardian.com/business/article/2024/jun/19/policing-ministers-wife-reported-to-cps-over-corporate-espionage-claims#:~:text=A%20leading%20businesswoman%20who%20is,over%20allegations%20of%20corporate%20espionage.

I am John Pryor, making IP accessible and valuable for your business.

The Benefit of Hindsight UpfrontTM

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JOHN PRYOR: I am John Pryor, I am a strategy consultant focussed on intellectual property and dedicated to helping people and business to make the best use of all available IP to compete and win in the marketplace.

My aim is to increase people’s understanding of Intellectual Property, so that they can successfully and cost effectively use it in their business, to help achieve a higher valuation.

Book: The Innovation Handbook, 2nd Edition 2010. chapter:  How to maximize the value of your intellectual property.

ABOUT MY YOUTUBE VIDEOS: In these videos I explain some of the most important aspects of intellectual property in ways that make it relevant and accessible to business people.

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