What is an NDA?

An NDA is a binding agreement between two (or more) parties that obligates a party or parties to maintain confidentiality. The confidentiality obligations can be mutual or uni-directional (one-way). Other provisions include exceptions to confidentiality, how long the obligations last, and what happens if someone breaches their obligations. It is a widely used document and something many startups and small businesses will come across at least once. This document should be in your files and ready to use with prospective business partners, vendors, contractors, employees, and others if necessary.  

Read More

Do You Need To Use An NDA?

One of the most widely circulated documents in commerce today is the non-disclosure agreement (NDA). As former in-house counselors, our attorneys reviewed dozens of NDAs every week. As we work with more startups and small businesses, we notice extremely divergent views regarding the use of NDAs. Some companies love the idea of using an NDA, some find no use for it, while others are against it, entirely.

Read More

Skip to content