Protecting your
trade secrets means keeping them secret.
In Illinois
Trade Secrets are defined as "a plan or process, tool, mechanism,
compound, or informational data utilized by a person in his business
operations and known only to him and such limited other persons
to whom it may be necessary to confide it." ILC Industries, Inc.
v Scott, 49 Ill 2d 88, 273 NE2d 393, 396 (1971).
The court in
ILC stated that determining whether information is a trade
secret involves:
1) the extent
to which the information is known outside of [the] business;
2) the extent to which it is known by employees and others involved
in [the] business;
3) the extent of measures taken by [the business] to guard the
secrecy of the information;
4) the value of the information to [the business] and to his competitors;
5) the amount of effort or money expended by [the business] in
developing the information; and
(6) the ease or difficulty with which the information could be
properly acquired or duplicated by others.
Mr. Cooke has
worked with employers to develop internal policies and procedures
to protect trade secrets and represented employers in disputes involving
employee attempts to take trade secrets for their own use.
To contact Mr.
Cooke you can call him at (312) 497-9002 or email him at "gc@Cookeslaw.com".
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