Trade Secret Litigation Filings Soar in the U.K.

Bloomberg is reporting that lawsuits filed in the United Kingdom to protect corporate secrets are becoming more and more common. They report that disputes over trade secrets at the High Court increased from 23 two years ago to 95 last year, while intellectual property cases overall rose 37 percent.

“Protecting IP becomes more, rather than less, important in a downturn,” said Karen Seward, a lawyer at Allen & Overy LLP in London, in an interview. “Employees are increasingly leveraging their value in the marketplace by trying to take valuable information with them when they go to new jobs.”

This report should not surprise our readers.