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
You receive a professionally drafted NDA, which you can use with your contractors and other relationships in business, in order to protect your confidential information.

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.
This provides you with:
  • 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.

What happens after I hire a lawyer?

1. Onboarding

You send your lawyer proof of ID and address and your lawyer checks for conflicts. You send any relevant documentation to your lawyer. Your lawyer send you a client engagement letter to sign and return.

2. Personal Consultation

Choose between a phone, online or face-to-face meeting with your lawyer

3. Draft documentation

Your lawyer sends you a draft version of the document for you to review

4. Revisions and approval

You review the draft, provide comments if necessary, and request revisions. Your lawyer will provide you with another iteration, incorporating your changes as far as possible. Once you’re happy with the document, you approve the final version.

5. Leave a review of your Experience

Leave a review for Legal Drop and your lawyer