Trade Secret Litigation To Rise As Economy Dips

Paul Lannon was quoted in an article in IP Law360 about intellectual property and trade secret litigation increasing as the economy slows. "Although litigation budgets shrink during an economic downturn, which tends to discourage litigation, companies feel more desperate during those periods to protect their important assets, particularly key employees and trade secrets." He said in the article. "When there are layoffs, there's an opportunity for competitors to poach employees," Lannon added.