Non-disclosure agreements are common in business, but they're not magic shields. Understanding their limitations helps you use them effectively.
Key Takeaways
- NDAs don't prevent all disclosure
- Enforcement is expensive
- Definition of confidential information matters
- Duration and scope affect enforceability
When NDAs Help
- Due diligence in M&A
- Sharing proprietary technology
- Employee access to trade secrets
- Partnership discussions
When They Don't
- Information already public
- Without clear definition of confidential info
- When you can't afford to enforce
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Schedule ConsultationDisclaimer: This article is for general information only and is not legal advice.