Non-Disclosure Agreement (NDA)
To write a non-disclosure agreement with no loopholes to protect your business is no easy task. If you’re thinking about sharing sensitive information with a third party, you might to consider hiring an experienced lawyer to draft a non-disclosure agreement. A non-disclosure agreement (NDA) is a legally binding document that gives your business protection when you share confidential information with a third party. It’s also known as a Confidentiality Agreement. Third parties can potentially use leaked confidential information to give your competitors an unfair advantage or harm your business in other ways. Having a non-disclosure agreement drafted by a lawyer will protect your business from possible leaks of sensitive information and make you save time and money in case that still happens. If you are a business owner who’s entering into business with a third party and need a new Non-Disclosure Agreement to protect confidential information, hiring an experienced lawyer is the way to go. Before hiring a lawyer to Draft a Non-Disclosure Agreement, keep in mind:
- If you have received an NDA that you would like a lawyer to review before you sign, please see our service for reviewing documents.
- If you’d like a lawyer to review your existing NDA to advise on its effectiveness, please consult the service for reviewing documents.
What you will get from this service
A 30-minute consultation with your lawyer to align objectives. You’ll discuss:
- The confidential and sensitive information that you want to protect in your business
- Trade secrets that you want to protect
- The restrictions you want to place on third parties to whom you will disclose confidential information
- The extent of the protection provided by the NDA
- Any specific questions you have about the agreement
- Any further information your lawyer needs from you in order to draft the agreement
What this service will enable you to do
You will have a formal, legally binding document that:
- Identifies the confidential or sensitive information in your business that you want to protect
- Sets out the restrictions and obligations that apply to the third party with regards to your confidential information.
- Legal recourse if the third party breaches the agreement and uses your confidentiality in a way that is not permitted by the NDA. For example, using your sensitive information to make a competing product or offer a competing service.
- Peace of mind that you can enter into contracts with third parties without harming your business by sharing confidential information.