IP rights protection
We developed a Trade Secrets Policy along with all the necessary legal documents for a laser manufacturer, including a list of confidential and proprietary information, a non-disclosure agreement and employee contract templates.
An Austrian laser technology group had a facility in Russia with roughly 100 employees. When a new competitor joined the market, some staff who had access to sensitive data departed to work for the other company. Because the customer lacked legal protection or trade secret provisions, part of the intellectual property that left the company with the employees became the property of their rival, who also assumed a leading position in the market.
SCHNEIDER GROUP supported the customer throughout the process of solving this issue. We:
• Assisted in replacing the staff who had left the company
• Developed a Trade Secrets Policy along with all the necessary legal documents, including a list of confidential and proprietary information, a non-disclosure agreement and employee contract templates
• Assisted management in implementing a business non-disclosure regime, wrote the necessary legal documents and ensured that they were signed by the company's employees
The Austrian company, which previously did not have a legal mechanism for protecting trade secrets, acquired full protection within a month of contacting SCHNEIDER GROUP.
This reduced the risk of former employees bringing confidential information with them to competitors. The safeguards put in place will also help to prevent future intellectual property theft and trade secret leakage.
The Austrian company was able to merge with the Russian business unit while preserving a secure interchange of information and minimising legal risks thanks to the creation of a robust legal framework.