Long Beach Real Estate Attorneys & Lawyers

What is a Trade Secret?

A trade secret is any information about a business that could give a competitive advantage to another person or business. It is something that is not generally known or easily obtainable by others which can include confidential manufacturing, industrial, or commercial information.

A trade secret can also be described as valuable and exclusive knowledge that created by the work of a person or a company that has an economic interest in keeping it. This is usually because the owner gains a competitive advantage in the marketplace as a result of the trade secret.

A trade secret is defined very broadly and can include any of the following:

• formulas
• practices
• processes
• designs
• instruments
• patterns
• algorithms
• commercial methods, such as distribution or sales methods
• advertising strategies
• lists of suppliers or

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Updated July 20, 2020: 

What Is Preferred Return?

A preferred return—simply called pref—describes the claim on profits given to preferred investors in a project. The preferred investors will be the first to receive returns up to a certain percentage, generally 8 to 10 percent. Once you reach this profit percentage, the excess profits are split among the rest of the investors as agreed upon in negotiations. This type of return is most commonly used in real estate investment.

How Is the Preferred Return Calculated?

There are three main questions when it comes to calculating the preferred return:

• Is it compounded or non-compounded? Compounded means that the calculation of a preferred return periodic growth amount comes from the amount of invested capital plus all previously earned but unpaid amounts.

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Updated August 30, 2022:

What Is Cyber Law?

Cyber law is any law that applies to the internet and internet-related technologies. Cyber law is one of the newest areas of the legal system. This is because internet technology develops at such a rapid pace. Cyber law provides legal protections to people using the internet. This includes both businesses and everyday citizens. Understanding cyber law is of the utmost importance to anyone who uses the internet. Cyber Law has also been referred to as the "law of the internet."

Cybercrime and Cybersecurity

Areas that are related to cyber law include cybercrime and cybersecurity. With the right cybersecurity, businesses and people can protect themselves from cybercrime. Cybersecurity looks to address weaknesses in computers and networks. The International Cyberse

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Updated October 29, 2020:

What Is a Non-Disclosure Agreement?

A non-disclosure agreement (NDA) is a legal contract that keeps one party from revealing another party's secrets. An NDA makes a confidential relationship between the parties, is used to protect proprietary or secret information, typically in business relationships. NDAs get more complicated the more information they need to cover, though they can start very simply. NDAs are especially popular in tech fields.

Other names include the following:

• Nondisclosure.
• Confidentiality Agreement.
• Non-Disclosure Form.
• Confidentiality Clause.
• Confidentiality Statement.

Sample NDAs for Download

Non-Disclosure Agreement

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Updated October 27, 2020:

What Is Trademark Licensing?

Trademark licensing is the process by which a registered trademark owner, called a licensor or proprietor, allows another party, called a licensee, to make and distribute specific products or services under the licensor's trademark agreement. Trademark licensing is a type of merchandise agreement.

The licensor receives a certain amount of money or royalties, a percentage of all sales, in exchange for sharing the trademark. This compensation is also called consideration. Fashion and consumer products concerned with sports and entertainment are often sold under a trademark licensing agreement.

The licensee usually creates a trademark licensing agreement, but a licensor can also

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