Non-Disclosure Agreements

Protecting Your Business, Ideas, and Confidential Information

In today’s business world, information is power. Whether you are starting a new partnership, presenting a business idea, hiring employees, or negotiating contracts, protecting sensitive information is crucial. One of the most effective tools for safeguarding your confidential information is a Non-Disclosure Agreement (NDA).

At Fletcher Barrow, we help businesses, entrepreneurs, and professionals use NDAs to secure their valuable information and maintain a competitive advantage.

What is a Non-Disclosure Agreement?

A Non-Disclosure Agreement (NDA) is a legally binding contract that establishes a confidential relationship between two or more parties. It sets out clear rules that prohibit the sharing, disclosure, or misuse of specific information.

NDAs are commonly used to protect:

An NDA gives you peace of mind when sharing information with potential partners, investors, employees, contractors, or other third parties.

Why Use an NDA?

NDAs provide a number of important benefits:

Confidentiality

Protect sensitive business information from being disclosed to competitors or the public.

Trust Building

Establish clear expectations of privacy when starting a business relationship.

Confidentiality

Protect sensitive business information from being disclosed to competitors or the public.

Trust Building

Establish clear expectations of privacy when starting a business relationship.

Types of NDAs

There are different types of NDAs depending on the situation:

Unilateral NDA

One party agrees to keep the other party’s information confidential. Example: An employee agrees not to disclose an employer’s trade secrets.

Mutual (Bilateral) NDA:

Both parties agree to protect each other’s confidential information. Example: Two companies exploring a potential partnership agree to share and protect sensitive information.

Multilateral NDA:

Three or more parties agree to share information and protect each other's confidentiality. Example: Several businesses collaborating on a joint venture.

We can help you determine which type of NDA best fits your needs.

Key Components of an NDA

A well-drafted NDA typically includes:

Every situation is unique. We customize NDAs to match your specific needs and risks.

Common Situations When an NDA is Needed

If you are sharing sensitive information, it’s always safer to have an NDA in place first.

Frequently Asked Questions

Can I use a template NDA I found online?

While templates can be a starting point, they often don’t fully cover your specific needs or comply with local laws. It’s much safer to have an NDA tailored to your situation by a qualified lawyer.

How long does an NDA remain in effect?

It depends on the agreement. Some NDAs last for a fixed number of years; others last indefinitely, particularly when protecting trade secrets or highly sensitive information.

What happens if someone breaks an NDA?

ٰf an NDA is breached, the injured party may sue for damages, seek injunctions to stop further disclosure, or pursue other legal remedies depending on the nature of the breach.

Is an NDA enforceable in court?

Yes, provided it is properly drafted and reasonable in its terms, courts generally enforce NDAs. However, overly broad or vague agreements may be challenged.

Do employees need to sign an NDA?

Often, yes — particularly if they will have access to sensitive company information. Including NDAs in employment contracts or as standalone agreements is common practice.

Protect What Matters Most

Whether you’re protecting your business, launching a new venture, or hiring key staff, a carefully drafted NDA is an essential tool.

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