Episode Summary: In this episode of In the Courtroom and the Boardroom, business attorney Colleen McKnight breaks down the critical issue of trade secret theft—what qualifies as a trade secret, how companies discover theft, and what legal steps to take when confidential information is stolen. Colleen also shares practical strategies business owners can implement to prevent trade secret misappropriation before it escalates into a costly lawsuit.
Whether it’s protecting client lists, proprietary processes, or groundbreaking innovations, Colleen offers insight into how Texas and federal law define trade secrets, how courts determine whether information is legally protected, and the balance between employee mobility and employer rights.
Key Timestamps:01:45 – What legally counts as a trade secret under Texas and federal law 04:10 – Real-world examples of trade secrets: Coca-Cola, KFC, and beyond 06:40 – How businesses typically discover trade secrets have been stolen 09:25 – Why trade secrets differ from trademarks, patents, and copyrights 12:15 – The role of confidentiality agreements and non-competes in protection 14:30 – Civil vs. criminal aspects of trade secret theft 16:45 – First legal steps to take if trade secrets are suspected stolen 18:20 – Colleen’s top advice for preventing trade secret theft in the first place
About the Show:In the Courtroom and the Boardroom with Colleen McKnight helps business owners tackle legal challenges with confidence. As a seasoned trial lawyer and founder of McKnight Law PLLC, Colleen provides practical, plain-English guidance on how to navigate disputes, mitigate risk, and stay focused on growth—even in the face of litigation.
Learn More:Visit mcknightlaw.us to connect with Colleen or schedule a consultation.
Popular Podcasts
CrimeLess: Hillbilly Heist
It’s 1996 in rural North Carolina, and an oddball crew makes history when they pull off America’s third largest cash heist. But it’s all downhill from there. Join host Johnny Knoxville as he unspools a wild and woolly tale about a group of regular ‘ol folks who risked it all for a chance at a better life. CrimeLess: Hillbilly Heist answers the question: what would you do with 17.3 million dollars? The answer includes diamond rings, mansions, velvet Elvis paintings, plus a run for the border, murder-for-hire-plots, and FBI busts.
Crime Junkie
Does hearing about a true crime case always leave you scouring the internet for the truth behind the story? Dive into your next mystery with Crime Junkie. Every Monday, join your host Ashley Flowers as she unravels all the details of infamous and underreported true crime cases with her best friend Brit Prawat. From cold cases to missing persons and heroes in our community who seek justice, Crime Junkie is your destination for theories and stories you won’t hear anywhere else. Whether you're a seasoned true crime enthusiast or new to the genre, you'll find yourself on the edge of your seat awaiting a new episode every Monday. If you can never get enough true crime... Congratulations, you’ve found your people. Follow to join a community of Crime Junkies! Crime Junkie is presented by audiochuck Media Company.
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.