Trade secrets are defined as practices, formulas, designs, processes, instruments, patterns, or a compilation of information that is not generally known by the public. These trade secrets help businesses obtain an economic advantage over other businesses. In some jurisdictions these trade secrets can be considered confidential information or classified information. The definition of trade secrets also includes the fact that the information is not generally known to the public, that it confers some sort of economic benefit on its holder and the information is the subject of reasonable efforts to maintain its secrecy.
Murray Law assists clients with protecting confidential information and trade secrets through the preparation of non-compete agreements, confidentiality agreements and non-solicitation agreements. The firm advises clients on the creation of policies and procedures that help employers avoid receiving trade secrets or confidential information when hiring employees from competitors. Murray Law also represents clients in litigating claims for misappropriation of trade secrets and confidential information. In addition, the firm represents clients in claims involving various related business torts such as unfair competition claims, breach of fiduciary duty, and claims of tortuous interference with business relationships or contracts. Additionally, Murray Law represents clients in litigating claims to enforce or invalidate non-compete, non-solicitation, or confidentiality agreements.