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Metro New York business law attorney non-disclosure agreement

Non-disclosure agreements (NDAs) are legally enforceable contracts that establish a confidential relationship between two parties. NDAs or confidentiality agreements are a valuable tool for employers in every industry. Business owners may use NDAs to protect important information from being misused by potential investors, employees, consultants, or other parties. If a party violates the terms of a confidentiality agreement, the non-breaching party may be able to take legal action and pursue restitution.

How Can a Non-Disclosure Agreement Protect My Business?

In the course of business, business owners often disclose sensitive information to others. Employees are often privy to confidential information about clients, products and services, trade secrets, business strategies, and more. Through a non-disclosure agreement, you can require employees to keep this information confidential. NDAs are often required as a condition of employment or they may be part of a severance package. A confidentiality agreement may also be part of a settlement agreement. NDAs are often subject to misunderstandings, but these contracts are important legal instruments that have a wide range of uses. However, NDAs must meet certain criteria to be enforceable, so it is important to work with a skilled attorney when drafting non-disclosure agreements.

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