Many people are paying attention to the lawsuit Tesla filed against Rivian for the misappropriation of trade secrets. Tesla has alleged that their employees were hired away from Tesla by Rivian and that some of those employees downloaded trade secrets which they then shared with Rivian. As the lawsuit continues to unfold there are two questions worth considering if you are a business owner.
- What policies and procedures does your business have in place when hiring from a competitor?
- What measures are in place to protect trade secrets if your employees have access to them?
Like Tesla or Rivian, if you find yourself in either of these unwanted situations, the attorneys at Allison & Mosby-Scott can provide the legal counsel you need to set your business up for success, not a lawsuit.