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ARTICLE · 11 AUGUST 2026

What Are Trade Secrets & How Can They Be Protected?

Trade secrets represent a powerful yet often overlooked form of intellectual property protection that can provide indefinite competitive advantage without formal registration. Understanding what qualifies as a trade secret, how to effectively protect confidential business information, and when to choose trade secret protection over patents requires careful strategic consideration and robust internal management systems.

United KingdomIntellectual Property
Murgitroyd & Company
Murgitroyd & Company
Author LinkedIn connections

Most people are familiar with registered forms of intellectual property, such as patents, trade marks and designs.

Although they are often overlooked and sometimes not even recognised as a form of intellectual property, unregistered trade secrets can actually be some of your most valuable assets. Almost every company has them.

Recent advances in trade secret law across many jurisdictions have made this method of protection increasingly important to understand, implement and manage.

In this article…

  1. What is a trade secret?
    1. The benefits of trade secrets
    2. Drawbacks and pitfalls of trade secrets
  2. Should I choose a trade secret or a patent?
  3. How do I protect trade secrets?
    1. Trade Secrets and AI

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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