Episode Summary:
In this episode of Infringe at Your Own Risk, patent attorney Randall Bateman explores the often-overlooked world of trade secrets. Randall breaks down what qualifies as a trade secret, how companies can protect confidential information, and why trade secrets can be as valuable as patents or copyrights. He also explains the role of NDAs, the risks of non-compete agreements, and when it makes more sense to maintain secrecy rather than seek a patent. This episode is a must-listen for business owners, innovators, and entrepreneurs looking to safeguard their competitive edge.

00:01 – Show introduction and welcome
01:15 – What qualifies as a trade secret?
04:30 – Examples of customer lists and company practices as trade secrets
06:20 – The importance of reasonable steps to protect secrecy
08:05 – How businesses can detect and prove trade secret theft
10:45 – Criminal penalties for trade secret misappropriation
12:10 – How trade secrets differ from patents and copyrights
15:30 – Copyright overlap with trade secrets in software
17:05 – Best practices for protecting confidential information
19:00 – The role of NDAs in safeguarding trade secrets
21:40 – Why non-compete agreements are being restricted
24:15 – When to choose trade secret protection over a patent
28:00 – First steps if a trade secret is compromised
30:15 – Closing thoughts and call to action

Infringe at Your Own Risk is hosted by registered patent attorney Randall Bateman, who has decades of experience protecting patents, trademarks, copyrights, and trade secrets. Each episode offers practical legal insights for entrepreneurs, startups, and established businesses seeking to safeguard their intellectual property and avoid costly mistakes.