Dallas Trade Secret Lawyers
Texas Trade Secrets Protection
A trade secret is any formula, pattern, device or compilation of information which is used in one’s business and presents an opportunity to obtain an advantage over competitors who do not know or use it. Trade secrets represent the life blood of a business because the misappropriation of the knowledge can jeopardize not only the company’s profits, but also its reputation.
At Gagnon, Peacock & Vereeke, P.C., our attorneys can help you protect your company’s trade secrets. To discuss your case in a free consultation, call us at (214) 824-1414 (toll free at 888-312-1750) or send us an e-mail.
Trade Secrets vs. Patents
One of the most important decisions a business must make is whether to seek trade secret protection. If the business seeks trade secret protection, the business must create procedures which ensure the reasonable protection of the trade secret.
We understand the different benefits and implications associated with each type of legal protection. For instance, it is often easier to qualify information as a trade secret rather than procure a patent. Trade secret protection lasts perpetually unlike patent protection, which typically expires 20 years from the patent’s filing date. However, if the trade secret becomes public, you will lose many rights to the trade secret.
Trade secret law provides protection for a wide range of materials, including:
- Computer hardware
- Computer software
- Technical specifications
- Product design
- Blueprints and drawings
- Machine and machine modifications
- Process and technical procedures
- Business methods
- Customer lists
- Corporate “know-how”
If your trade secret has been misappropriated, you may have the right to recover lost profits, monetary damages, statutory damages and attorneys fees. You may even be entitled to equitable relief, including preliminary and permanent injunctions to prohibit any further misappropriation.
Trade Secret Litigation
Attorneys with Gagnon, Peacock & Vereeke, P.C., have decades of experience handling complex litigation. We understand how to present facts to the court to demonstrate your claim has merit. Our lawyers will stand by your side to protect your rights at every stage of your case.
Our diligent representation goes beyond litigation. We also provide comprehensive trade secret counseling. We understand the complex guidelines associated with establishing and protecting trade secrets. We will advise your company on how to properly and effectively take reasonable steps to protect your trade secrets.
Free Consultation — Convenient Location
Gagnon, Peacock & Vereeke, P.C., stands ready to put its knowledge and experience to work for you. For a free initial consultation, call us at (214) 824-1414 (toll free at 888-312-1750) or send us an e-mail.
Our offices are located in Dallas just off the North Central Expressway. Free parking is available.