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Keeping your trade secrets safe
As Hong Kong’s largest and longest-established intellectual property (IP) practice, we can help you manage and protect your proprietary information.
Trade secrets and other confidential information are important assets and can be a critical part of a business’ IP portfolio. These valuable resources are the oldest form of IP and can include scientific formulae, customer lists, sales methods, marketing strategies, source codes, innovative processes and manufacturing techniques.
Unlike many other forms of IP, they cannot be registered, and the failure to take adequate steps to identify and protect your valuable trade secrets and confidential information can leave them vulnerable to misappropriation by competitors, and employees, especially given the digitisation of business and the rise in remote working.
Deacons has been advising on trade secret protection in Hong Kong and Mainland China for decades. Our IP lawyers have the experience to help you put in place processes to keep confidential information and trade secrets confidential in order to attract legal protection. We can assist you with identifying valuable information, setting up procedures, drafting appropriate internal policies, employment contracts and non-disclosure agreements to protect them, as well as advising on commercial arrangements if you wish to monetise your trade secrets. And if breaches do occur, we will take swift and decisive action to identify the breach and minimise the damage.
As Mainland China continues to enhance trade secret protection and enforcement, it is important for businesses to keep pace with the fast moving developments there.
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