Steinmeyer Quoted in National Law Journal on Increased Litigation Over Trade SecretsNational Law Journal November 24, 2008
Peter Steinmeyer, a Member of the Firm in the Labor and Employment practice in the Chicago office, was quoted in an article in the National Law Journal on November 24, 2008 about a rise in poaching lawsuits as employers, struggling during a turbulent economy, are using litigation to keep competitors from snatching top talent and trade secrets.
In the article, titled "Poaching lawsuits aim to stifle talent raids," Steinmeyer said that employers are increasingly concerned amid the economic crisis about departing employees taking trade secrets with them: "They never want their top performers to go out the door. But in terms of what's driving the litigation, it's a desire to protect confidential information and trade secrets."
Steinmeyer is co-chair of the Firm's Non-Competes, Unfair Competition and Trade Secrets Practice Group.