Non-Disclosure Agreements (NDAs)
NDA’s (also known as confidentiality agreements and non-disclosure agreements) are frequently used in many corporate law and commercial law transactions.
NDA’s serve an important purpose in both large and small business and, when used properly, will help protect confidential information, keep trade secrets, and preserve the unique aspects that make your business work and differentiate it from your competitors – ultimately enhancing the value of your business
Even though NDA’s are one of the most frequently used and one of the most important documents for a business, they are often overlooked or not fully understood until something goes wrong and the NDA needs to be relied upon.
The commercial law team at Herrington Carmichael understand the importance of putting controls around the use and disclosure of the confidential information belonging to your business. We have vast experience in drafting, negotiating and advising on NDA’s.
We can help you to ensure your confidential information is protected under an NDA to the highest extent possible, we can also provide strategic advice on how to best protect your business and its reputation and what practical steps you can take to protect your confidential information.
If you find yourself in a situation where your confidential information is being misused and no NDA is in place, all is not necessarily lost – the common law duties of confidence may assist.
For more information on NDA’s and their benefit and the common law duty of confidence, read our articles on Confidentiality Agreements & Non-Disclosure Agreements.
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