From Chris Bailey, Rouse:
“Trade secrets are boring..until something goes wrong.
The most common form of IP in any company is also the most overlooked. Often it is only after a breach has occurred that an organization discovers whether it has taken the right steps. Protection requires ongoing effort: diligent use of contracts with employees and partners, robust IT security, and a culture of compliance. This effort crosses many functions – legal, HR, R&D, supply chain – and accountability can slip between the cracks.
The challenges of effective trade secret protection apply everywhere, including in China, where our newly released CIELA report shows that, in the courts, plaintiffs win in only 59% of cases. …