The Next Revolution in Intellectual Property Law: Automated Trade Secret Asset Management

• Author: R. Mark Halligan
• Position: R. Mark Halligan is a partner at FisherBroyles, LLP. He has litigated numerous cases regarding the misappropriation, protection, and enforcement of trade secrets. He also teaches trade secret law and advises clients on best practices relating to the identification, protection, and valuation of trade secret assets. He can be reached at...
• Pages: 11-14

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©2019. Published in Landslide®, Vol. 11, No. 5, May/June 2019, by the American Bar Association. Reproduced with permission. All rights reserved. This information or any portion thereof may not be copied or

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The Next

Revolution

in

Intellectual

Property

Law

Automated

Trade Secret

Asset

Management

By R. Mark Halligan

There is an intellectual property revolution on the

horizon and it is called automated trade secret

asset management (TSAM). Using computerized

TSAM tools to capture and identify, classify, pro-

tect, and value trade secret assets will unleash and

fuel the exponential growth of intellectual prop-

erty assets in the twenty-rst century. The days of sitting in

a conference room with a yellow pad and Dunkin’ Donuts to

conduct “trade secret” ideation sessions are now over.

To understand the phenomenal impact that automated

TSAM tools will have on the identication, classication,

protection, and valuation of trade secret assets, this article

addresses the current trade secret conundrum, the func-

tional requirements for an automated TSAM system, and

R. Mark Halligan is a partner at FisherBroyles, LLP. He has

litigated numerous cases regarding the misappropriation, protection,

and enforcement of trade secrets. He also teaches trade secret law

and advises clients on best practices relating to the identication,

protection, and valuation of trade secret assets. He can be reached

at rmarkhalligan@sherbroyles.com.

Image: iStockPhoto