Usually low cost and high benefit. Preventative steps usually are far more effective both as to cost and overall deterrence than reactive steps taken only after trade secret problem arises. If outside counsel, ordinarily provided at low fixed fee or at highly reduced hourly rates. Company's markets and plans for expansion will affect trade secret strategies. Counsel can shape a trade secret program that would be more likely to qualify in many countries.
Experienced counsel can help companies from making false assumptions when doing business abroad.
Familiar sounding words may mean something very different. A company who has done business in a country previously may be unaware of recent developments. The move towards harmonization may have created new protections for trade secrets. This amendment provided the first direct statutory protection to trade secret owners for their trade secrets. In Mexico, in 1991, a statutory definition of trade secrets was adopted for the first time, and certain strict regulations affecting trade secret transfers were repealed.