Trade Secrets

Trade secrets are governed by both federal and state law, and trade secret law is a rapidly growing area of business concern. The Farrell Law Firm provides litigation services for enforcement of trade secrets.

A trade secret is information that is not known or readily available to a competitor. A trade secret can consist of any formula, pattern, device, or compilation of information that is used in one's business and provides an opportunity to obtain a business advantage.

Trade secrets differ from other types of intellectual property in that a trade secret can exist indefinitely, as long as the secret information is kept in confidence. In contrast, patents, trademarks and copyrights are necessarily available for public scrutiny. Trade secret theft can result in both civil and criminal penalties.

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The Farrell Law Firm actively monitors the rapid evolution of this area of intellectual property law and advises clients on business strategies such as employee agreements, key personnel exit interviews, as well as non-disclosure and confidentiality agreements.

Focus Areas:

Patents

Attorneys at The Farrell Law Firm are registered to practice before the U.S. Patent and Trademark Office and have experience drafting patents that concisely describe the metes and bounds of each invention, as necessary to properly secure the exclusive right to make, use and sell the invention.

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Trademarks

The Farrell Law Firm provides a one-stop service for all trademark matters, providing a seamless interface with associates in effectively every foreign country that offers trademark protection.

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Copyrights

The Farrell Law Firm counsels in the enforcement of their copyright and other intellectual property rights and also negotiates contracts to license such rights for profit.

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Litigation

The attorneys and technical staff of The Farrell Law Firm provide a unique combination of legal and technical expertise that is necessary for a successful litigation strategy.

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Trade Secrets

Trade secrets are governed by both federal and state law, and trade secret law is a rapidly growing area of business concern. The Farrell Law Firm provides litigation services for enforcement of trade secrets.

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IP Licensing

Our expertise in the law and solid understanding of the underlying technology allows us to quickly develop mutually beneficial agreements that foster long term relationships between licensees and licensors.

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