|
Law Firm Warns Against Hiring Away of Employees to Garner Corporate Secrets
As displaced employees move onto new jobs, higher pay, etc. the hiring company could be liable for infringement of intellectual property rights and trade secrets. Find out what every company, HR Manager, and job candidate needs to know to avoid the pitfalls of passing on proprietary information.
Skokie, IL, November 6, 2003 In these days of economic downturn, layoffs, and rising unemployment, it seems counterintuitive to discuss the need for companies to protect themselves against the loss of intellectual property entrusted to employees. However, it is in these times that this kind of diligence is critical. As displaced employees move onto new jobs, higher pay, etc. the hiring company could be liable for infringement of intellectual property rights and know-how.
According to Boris Parad, a patent attorney and specialist in intellectual property law for 25 years, The employees knowledge of doing things the right way and knowledge of blind alleys in product development can be legally used by the new employee. However, the disclosure of a particular design, trade secret, or specific product which became known to the employee during his/her employment provides an unfair advantage to the subsequent employer; and can be subject to penalties.
While this can be an inadvertent consequence of hiring, it can also be a deliberate act on the part of some employers who advertently hire employees away with the intent to gain knowledge of a particular project, product, or practice. Parad warns that this is deemed to be stealing trade secrets, even if there is no direct evidence that confidential information was extracted from such employees. It is rather difficult to prove such intent since employees are free to change jobs; nevertheless, it is incumbent upon the hiring employer to honor agreements of confidentiality, non-disclosure, or non-compete for the duration required. Making this part of your interview screening process could save you an expensive lesson in the short run. It should not impact the decision to hire the candidate; it should be used as an understanding of mutual respect without compromising either party.
Practical tips on how to safeguard proprietary information can be found in Parads book, Commercial Espionage: 79 Ways Competitors Can Get Any Business Secrets available on www.denvica.com.
Boris Parad is a principal at Parad Law Offices, P.C. He has litigated cases in both federal and state courts in Illinois, Colorado, Michigan, and Wisconsin; and has argued cases in the Illinois appellate courts as well. The firm consults U.S. companies to help educate and protect their corporate interests, intellectual assets and confidential information. Parad firm accepts damage compensation matters on a contingency fee basis.
Parads background and firms services are described at www.paradfirm.com, or
|
Company: Kim T. Sanders
| Related press releases |
Law Firm Warns Against Hiring Away of Employees to Garner Corporate Secrets [2004-09-30 00:00:00]
As displaced employees move onto new jobs, higher pay, etc. the hiring company could be liable for infringement of intellectual property rights and trade secrets. Find out what every company, HR Manag...
|
|
Law firm Briffa continues growth with interactive sector [2004-09-18 00:00:00]
Briffa http://www.briffa.com the law firm continues its growth in interactive sector with appointment of partner Alex Chapman.
London, UK February 5 2004--Briffa http://www.briffa.com the law firm ...
|
|
FOR IMMEDIATE RELEASE Florida Firm Offers Troubled Businesses an Alternative to ... [2003-10-03 00:00:00]
The unemployment problem continues to grow. The Labor Department announced today that the number of jobless people looking for work had increased yet again to 2.1 million, with a further 5 million red...
|
|
WHOS BORIS PARAD
.ATTORNEY EXTRAORDINAIRE? [2004-09-18 00:00:00]
Author, scholar, lawyer, Russian expatriate, and champion and protector of rights. Boris Parad, Principal of Parad Law Offices in Skokie, IL is all of that... and more. His background and present day ...
|
|
Programming Outsourcing and Open Source Projects [2008-02-21 17:20:32]
Sub Title:
Internet Outsourcing
Summary :
Megrisoft.Net is the leading provider of Internet Offshore Outsourcing Solutions since 1998 for clients worldwide in need of various web related servic...
|
|
CyberMatrix Office Version 1 Released [2006-12-18 12:13:20]
Press Release
For Immediate Release 2006-12-19
Contact: Mike Fullerton (250)-503-1009
CyberMatrix Office Version 1 Released
CyberMatrix Corporation has released version 1.00 of CyberMatrix Off...
|
|
Secrets Protector Pro 2005 -A three-in-one privacy protector tool. [2005-05-22 00:00:00]
A three-in-one privacy protector tool built for those who like their personal stuff handled carefully. This product gives you the features of a folder locker, a secure eraser and a privacy manager. Th...
|
|
DataArt, a Custom Software Development Company, invents new team-building techni... [2004-08-20 00:00:00]
On August, 13, DataArt hosted its forth Corporate Conference. Conducting such conferences is unique to IT Community, as it is the only software development company that engages in such activities for ...
|
|
Reminding Area Residents Demystifying Your Computer Classes Start in Copperas ... [2004-08-08 00:00:00]
Notification of changes to class schedule. We will be meeting on Tuesdays starting August 24 from 10:00 a.m. until 2:00 p.m. with an identical class being held Tuesday evening at 6:00 p.m. Both sessio...
|
|
Powell Electronics Corporate Headquarters in Philadelphia certified as HUBZone E... [2004-09-09 00:00:00]
Powell Electronics Corporate Headquarters in Philadelphia certified as HUBZone Empowerment Operation
March 17 2004--Powell Electronics, Inc., a national distributor of value-added interconnect produ...
|
|
|
|
| Wall Street Raider |
 A highly sophisticated financial simulation; a corporate takeover and stock market game and simulation in which you trade, invest and finagle against backdrop of constantly scrolling stock and news tickers. NOW INCLUDES OPTIONS TRADING AND CHARTS!! |
|
| PDF-Analyzer |
 The PDF-Analyzer is a tool extracting all attributes from pdf files. You can use it from the explorer contextmenu and "stand alone" as a "PDF Browser", too. No pdf-secrets anymore! Additionally there's a pro-version with password-reset and many more. |
|
| Invisible Secrets Encryption Software |
 Keep those prying eyes out of your communications and prevent unwanted people from reading your private files. Invisible Secrets encrypts and hides data in places where not even your wife, boss, or a hacker would look for sensitive information. |
|
|
Latest press releases
