Trade Secrets and the Defend Trade Secrets Act

Companies in the U.S own an estimated $5 trillion in trade secerts

 and about $3 billion is lost due to theft every year

 

 The federal Defend Trade Secrets Act of 2016 went into effect in May

2016. While it’s still early to interpret how it will affect trade

 secret litigation, some things are clear, especially that federal court

 dockets will see an increase in more private trade secrets cases.

Chris Ryan, a partner in Baker Botts’ Intellectual Property Group, discusses.