Jackson Quoted on Trade Secret Risks in Mass Employee Departures
Bloomberg
Trade Secrets, Noncompetes & Employee Mobility Practice Co-Leader Linda M. Jackson was quoted on the trade secrets risks facing employers from large-scale employee movement and with the impending Federal Trade Commission rule banning most noncompetes.
As an increasing number of companies are seeing a mass exodus of employees heading toward competitors, confidential information may be at risk.
Linda said, “I think almost by definition you’re likely to see more instances of folks who are making use, to some degree, of information they shouldn’t be making use of.”
Linda noted that companies will want to “batten down the hatches” by making sure all confidential information is stored appropriately, and nondisclosure and confidentiality agreements are up to date.
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