Protection of confidential information

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Business success is often determined by the ability to properly protect trade secrets, which are essential for a strong competitive position. Trade secrets include any information that contains business value because it is not known to third parties. This can include production processes, customer lists, marketing strategies or any other information that gives your company a competitive advantage. Protecting this information is critical to maintaining the market position of your business and ensuring its sustainable growth. 

Various legal instruments – including confidentiality agreements, non-competition (NDA) agreements and intellectual property protection measures can be applied to protect your trade secrets. We will work with you to understand the specifics and needs of your business and develop a tailored plan to safeguard your confidential information. By ensuring that your confidential information is properly protected, we also help you avoid potential conflicts and legal disputes that may arise from information leaks or unfair competition. Our advice is directed at preventing said issues and representing your interests in court.  

We are specialised in the following areas: 

  • Developing strategies to protect confidential information.
  • Drafting non-competition agreements.
  • Drafting confidentiality agreements (NDAs).
  • Representation in disputes over misappropriation of confidential information.

Confidentiality agreements

A confidentiality agreement, also known as a non-disclosure agreement (NDA), is an essential part of business security.  

Confidentiality agreements are much more than a formal document. They play a strategic role in protecting business information, innovation, and trade secrets. It is therefore vital that these agreements are drafted by professionals who are trained to take into account specific business needs and risk factorsEffective confidentiality agreements are those that not only define the boundaries of confidential information, but also establish clear sanctions for breaches of those boundaries. 

Representation in disputes over misappropriation of confidential information

We represent companies in all legal and pre-litigation disputes related to the leakage, misappropriation, or misuse of confidential information. 

In addition to direct representation in disputes, we advise on the most effective strategies and procedures to prevent misappropriation of confidential information. This includes drafting and implementing employee contracts and non-disclosure agreements. 

We also specialize in handling employee and other contractual relationships where there may be a risk of misappropriation of confidential information. We ensure that all legal requirements and best practices are followed to prevent any misappropriation of confidential information. 

In the event of a leak of confidential information, we provide fast and effective crisis management solutions to minimize any negative impact on your business. 

Protecting confidential information in business

Developing systems and strategies for the use and protection of confidential information is critical for businesses to ensure that their most important and sensitive information is protected from unauthorized disclosure, misappropriation or misuse. The lawyers at Prevence implement this process through a series of key steps that lead to the development of a robust and effective system for protecting confidential information. 

The first step is clear identification and classification of confidential information, including trade secrets, intellectual property items and other sensitive data, according to their importance and sensitivity.  

This process enables the identification of information that needs to be protected and further determines the required level of protection. Based on this classification, detailed policies and procedures are developed to safeguard confidential information. This includes non-disclosure agreements with employees, partners and third parties. 

Experts

BOARD | MEMBER | MENTALITY

Simonas Milašius
  • Associate
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