Exposed trade secrets mean compromised differentiation in the market. For any company preserving its trade secret is essential to maintain a competitive advantage in the industry. Your company’s trade secrets can be exposed due to an untrustworthy employee spilling the tea or an ex-employee doing it on purpose to target your reputation. However, most companies have a non-compete agreement signed by their employees which restricts them from disclosing any confidential information about the company to anyone working outside their company. If you are a business owner and have non-compete agreements in your company but are facing trade secret issues due to someone, you must contact an attorney. The following points will tell you how hiring Charlotte non-compete agreement lawyers will be helpful:
Help determine how to proceed further
An employment law attorney will analyze the situation and help you find the best possible course of action to move forward. They will help you file a lawsuit against the offender who was responsible for disclosing your company’s trade secrets and let you know how you can prevent further damage.
Get recovery for the loss
Exposing your trade secrets can be a huge loss for your company. Although it cannot be recovered through money, getting a recovery or fine for the damage can help you invest that into exploring a new idea for your business growth. So an employment law attorney will help you identify the loss and get what you deserve.
File a lawsuit
If your ex-employee was responsible for exposing your business’s trade secrets and he/she has signed a non-compete, your employment law attorney will review the non-compete agreement and file a lawsuit against the employee. This will help control further damage and ensure that the employee takes responsibility for the damage.
Draft a non-compete
Starting a new business and are unaware of how to preserve your speciality from leaking out? An employment law attorney is the person who can help you draft a non-compete agreement so that your trade secrets remain intact and you don’t face issues after an employee leaves your business.
Trade secrets are considered a type of intellectual property and offer your business uniqueness. And so if someone compromises their trade secrets due to any reason there are chances that they will lose their competitive advantage in the industry as other firms will try to replicate them. If you have an experienced and professional employment law attorney they will help you prevent the unlawful disclosure of your company’s delicate information. They will help you draft a non-compete so that in any case someone tries to expose your information they face severe penalties.