Implementing a Trade Secret Policy

The Semi Interesting Podcast with Nathaniel Lucek and Elizabeth Morris

Regardless of the type of business or industry, employers understand that employees may encounter confidential information that should be handled carefully. That is especially true when trade secrets are involved, in which case, protecting sensitive and confidential information is of paramount importance.

It’s easy to label something as confidential, but in order to successfully uphold that designation, employers must have a strong policy in place. Nathaniel and Elizabeth are joined by Luisa Bostick, a labor and employment attorney and partner at Hodgson Russ LLP. She discusses some of the best practices toward implementing a strong confidentiality policy, takes a look at the role human resources plays in implementation and enforcement, and looks at the impact a lack of policy could have on potential partners or buyers of the business.