Contact Our Commercial Solicitors
If you need legal advice regarding matters relating to non-disclosure agreements, please contact our Commercial lawyers on:
All businesses hold commercially sensitive information that is confidential and of significant value to the business, such as information relating to clients, suppliers, operations, business strategies, products and services, financial information, trade secrets and intellectual property rights.
The disclosure of such information to a third party may be necessary for several reasons, including in circumstances where:
In these circumstances, using a confidentiality or non-disclosure agreement is advised. Our Commercial Solicitors can help with this.
Whilst the disclosure of such information may be made in good faith with a view to working collaboratively in the future, it is vital to ensure that your business is adequately protected from a third party using the information to gain a competitive edge or passing it on to other competing businesses.
It is therefore strongly recommended that your business has a legally enforceable Non-Disclosure Agreement (NDA) or Confidentiality Agreement in place, which will allow you to feel protected when entering into business discussions or negotiations knowing that your confidential information is protected.
It is unlikely that a generic template will be comprehensive enough to provide your business with the adequate protection required and could lead to a third party disclosing your confidential information without providing you with any right of recourse.
Therefore, it is important that the NDA or CA is drafted to cover the specific circumstances in which information will be disclosed.
The following are some of the key considerations to think about when entering into an NDA or CA:
Contact Our Confidentially & Non-Disclosure Agreement Experts
The Commercial Team at Myerson can help protect your business by advising on, drafting and negotiating NDAs and CAs to ensure that they provide adequate protection to your business by ensuring that they are both legally binding and tailored to the specific circumstances.
If you have any questions or would like more information regarding NDAs or Confidentiality Agreements, please get in touch with our Commercial Solicitors, who would be happy to assist
If you need legal advice regarding matters relating to non-disclosure agreements, please contact our Commercial lawyers on: