Intellectual property refers to specific creations from a person's mind, such as artistic and literary works, names, designs, symbols, inventions, and even trade secrets. In order to protect trade secrets and other forms of intellectual property, the United States has created several laws aimed at helping people retain the right to prosper from their own creations and ideas.
A trade secret is something that gives your business a competitive advantage over other businesses in the same industry. It includes unpatented inventions and products, nonpublic documents, such as blueprints or test data, and other sources of unique information that other companies don't have. When facing business litigation, it is important to protect your trade secrets to keep your competitive edge. How can you ensure your trade secrets will remain unknown to the public and the competition?