Weekly IP Buzz for the Week Ending July 16, 2021
In this week's post, we see that companies should audit their internal employment agreements on the heels of the global COVID-19 pandemic.
Updating IP Protocols in the Wake of COVID-19
The global COVID-19 pandemic forced many companies to adapt to shelter-in-place orders by allowing their employees to work remotely. In the haste to have workers get online as quickly as possible, many companies failed to implement proper protocols to protect their intellectual property as workers now had unfettered access to company databases and information.
As companies return to normal, many have found that their skilled workers are in high demand and are increasingly being lured away by competitors’ offers of employment. And as these workers leave, they often take with them valuable proprietary information in the form of client lists or marketing plans. As such, companies should consider the need to reevaluate the security and intellectual property protocols they have in place to protect against such occurrences.
For example, companies should audit their internal agreements and make sure that they have the proper non-compete, non-solicitation, and non-disclosure agreements in place.
Read more here.
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In addition to publishing Thriving Attorney, Darin M. Klemchuk is founder of Klemchuk LLP, a litigation, intellectual property, and transactional law firm located in Dallas, Texas. Click to read more about Darin Klemchuk's practice as an intellectual property lawyer. For more on the latest developments in IP law, see the blogs Ideate and IP Questions Answered.