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Course Details

This CLE webinar will guide counsel on navigating the conflict between trade secret and privacy laws. The panel will discuss the challenges facing companies and what they can do as privacy laws continue to expand and companies look for ways to protect their technology and other assets.

Faculty

Description

In the current world where “data is the new oil,” companies are increasingly looking to trade secret law to protect their valuable assets. Confidentiality and limited access are key in protecting trade secrets.

At the same time, the race is on to enact consumer data privacy laws. There are currently 11 states that have comprehensive data privacy laws, numerous other states have proposed bills pending, and there are a multitude of other privacy laws protecting specific groups and subject areas. A goal of these privacy laws is to give users control over “their” data – data about them.

What happens when the same data is the subject of both consumer privacy laws and corporate trade secret protection? How do companies comply with both legal regimes?

Also, some privacy laws are being passed with private rights of action and the potential for substantial damages. This further heightens the conflict between data privacy and trade secret law and the risk for companies having to choose between trade secret protection and privacy compliance.

Listen as our authoritative panel of IP attorneys examines both trade secret and privacy laws and the conflict between the laws. The speakers will discuss the challenges facing companies in the latest industrial revolution and what they can do as privacy laws continue to expand and companies look for ways to protect their technology and other assets.

Outline

  1. Conflict between trade secret laws and privacy laws
  2. Risks for companies
  3. Best practices for maintaining confidentiality while complying with privacy laws

Benefits

The panel will review these and other key issues:

  • Can trade secrets law and privacy law coexist?
  • What risks do companies face when seeking to meet the requirements of both trade secret and privacy laws?
  • What steps should counsel take to deal with these conflicting laws?