Many small businesses in Milwaukee, Wisconsin, often lack the knowledge, resources and expertise required for protecting a trade secret. If a company invents something new, it is important to obtain a patent for this unique invention. Even if a company never invents a physical product, any intellectual property or unique company procedure needs to be protected too.
An employee who steals company trade secrets and uses these for personal gain or leaks the company's confidential information to a competing business could be penalized under the law. These laws also prohibit an employee or business partner from making photocopies or duplicate electronic files of intellectual property.