When a key employee leaves a company, he or she may be taking the company's intellectual property as well. This intellectual property can be the company's client list, its method of doing business, its formulas or knowledge about its research and development.
- What obligations does the person have to his or her former employer?
- Is there a valid covenant not to compete in place?
- What needs to be done by the company to protect its intellectual property rights?
Richard C. Balough has prepared an exercise that can help both the employer and employee better understand the law governing covenants not to compete and trade secrets.
You can participate in this exercise as either an employee or employer. To start the exercise, click below:
Go to the employer exercise
Go to the employee exercise
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