Protecting Intellectual Property During A Reduction In Force

Continuing difficult market conditions have forced many employers to re-evaluate their staffing requirements and to decide whether their businesses require a reduction in workforce.

Much of the disruption that may be caused by a reduction in force (or "RIF") may be anticipated by an employer's management team, who often will implement measures to mitigate the damage that may be caused to their businesses by a RIF.

However, the misappropriation or disclosure of intellectual property by departing employees -- whether it is done intentionally or accidentally -- may be unanticipated or overlooked by management. As a consequence, careful planning between management and legal counsel is necessary to protect and preserve the value of an employer's intellectual property assets in these times of transition.