Trade Secrets Protection: Mitigating AI Risk, Pursuing Misappropriations, Structuring Agreements

Course Details
- smart_display Format
On-Demand
- signal_cellular_alt Difficulty Level
Intermediate
- work Practice Area
Trademark and Copyright
- event Date
Tuesday, October 24, 2023
- schedule Time
1:00 p.m. ET./10:00 a.m. PT
- timer Program Length
90 minutes
-
This 90-minute webinar is eligible in most states for 1.5 CLE credits.
This CLE webinar will guide IP counsel on protecting trade secrets. The theft of trade secrets is valued at $540 billion per year according to a recent report. The panel will address identifying trade secrets, implementing safeguards for trade secrets, and structuring agreements that involve trade secrets. Also, the panel will address misappropriation, enforcement, and remedies for misappropriation. The panel will discuss recent cases, pitfalls, and best practices involving trade secrets.
Faculty

John Augustyn successfully represents clients in high stakes intellectual property litigation, agreements, client counseling, and prosecution. Leveraging his prior experience in management and as an engineer at Fortune 100 companies, John understands that IP and business issues require creative and cost effective legal solutions. He has authored several articles and chapters for books, has appeared on multiple television and radio programs, has taught law school classes, and has provided over 30 CLE programs to thousands of corporate and outside counsel. His legal success has been recognized by selection to Best Lawyers, Super Lawyers, IAM Patent 1000, Top 100 High Stakes Litigators, Fellow to Litigation Counsel of America, and other honors. Please click on his photo above for more information.
Litigation
John has been lead counsel in patent and trade secret litigations throughout the country at the trial and appellate levels. He also has been lead counsel in Post Grant proceedings at the USPTO and coordinated post grant proceedings in other countries. In addition, he has litigated cases at the International Trade Commission. His litigation experience has involved several areas, including electronics, magnetics, sensors, control systems, medical devices, automotive, and consumer products.
Opinions
John counsels and renders opinions on patent infringement and invalidity including major product launches in competitive patent landscapes. These opinions often involve large patent families with multiple US patents and with existing litigations and patent office proceedings throughout the world.
Patent Prosecution
He has extensive experience in formulating patent strategies and managing patent portfolios. John manages the US and non-US patent prosecution for several international corporations. He has prepared or supervised the preparation of over 1000 US original patent applications and oversaw the prosecution of over 3000 non-US patent applications.
Due Diligence
John performs due diligence for mergers and acquisitions. The due diligence involves an analysis of the patents, trademarks, trade secrets, licenses, agreements, products, services, manufacturing processes, software, marketing, and standards by standard setting organizations.
IP Agreements
He successfully negotiates and prepares agreements relating to well-known products and brands for both the seller/ licensor and the buyer/ licensee, including patent licenses, technology licenses, trade secret agreements, joint venture agreements, trademark agreements, and research and development agreements.
Trade Secrets
John advises clients on trade secret matters including: litigating trade secret cases, negotiating trade secret agreements, advising clients on the best techniques for protecting their trade secrets, and helping clients decide whether to use trade secret versus patent protection.

Ms. Swanson helps clients secure, protect, enforce, and defend intellectual property rights, including patents, trade secrets, and trademarks. She primarily focuses her practice on prosecution, litigation, and due diligence matters in the biotechnology and chemistry arts.
Recent domestic and international prosecution matters have involved technologies such as cancer vaccines, treatments involving delivery of personalized medicine, nucleic acid sequences, proteins, enzymes, biomarkers, chemical and biological assays, monoclonal antibodies, chimeric antigen receptors (CARs), designer receptors exclusively activated by designer drugs (DREADDs), cell lines, DNA cloning and amplification techniques, genetic vectors, medical treatments, and pharmaceutical compositions. While fascinated by the legal and scientific aspects of her role, she also enjoys having the opportunity to understand the business side of her clients’ companies so she can effectively advise on portfolio management strategies.
Description
Trade secrets can be put at risk because companies may need to share trade secrets with employees, business partners, manufacturers, and others to realize the full economic value of the trade secrets. The use of AI applications by employees also poses a threat to a company's trade secrets. In addition, remote work may increase the risk for disclosure or theft of trade secrets.
To maintain their trade secrets, companies often rely on agreements to contractually prohibit employees and third parties from disclosing their information. In transactions involving trade secrets, it is critical that the contract protects the trade secrets involved. By understanding the essential elements--and the common pitfalls--in trade secret agreements, counsel for trade secret owners can prepare to effectively structure and negotiate contracts in their clients' best interests.
Further, to avoid the consequences of any disclosure arising from the use of an AI system, it is important companies ensure that they take steps to protect their trade secrets. Company policies, employee agreements, non-disclosure agreements, and trade secret agreements provide protection from employee misuse or disclosure, and from third-party disclosure.
Listen as our authoritative panel of IP attorneys provides trade secret owners and counsel guidance on identifying and protecting trade secrets. The panel will also discuss key provisions in agreements involving trade secrets. In addition, the panel will address misappropriation challenges, enforcement, and remedies for misappropriation. Furthermore, the panel will discuss recent cases, pitfalls, and best practices.
Outline
- Identifying trade secrets
- AI, remote work, and other risks
- Implementing safeguards for trade secrets, including AI risk and remote work
- Trade secret agreements and key provisions
- Employee agreements
- Non-disclosure agreements
- Licenses
- Misappropriation, enforcement, and remedies
- Recent cases involving trade secrets
Benefits
The panel will review these and other key issues:
- What actions can companies take to minimize the risk of exposure of trade secrets in AI?
- What are the best practices for identifying and protecting trade secrets?
- What are the key provisions and pitfalls in trade secret agreements?
- What lessons can be learned from recent trade secret cases?
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