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What Is a Non-Disclosure Agreement and Is It Really Necessary?

A non-disclosure agreement (NDA), sometimes called a confidentiality agreement, is a legally binding contract. NDAs are designed to protect an idea, product, or piece of confidential information you possess and to discourage the receiving party from using it.

NDAs have become almost the first legal step in any business deal, and often derive from the fear sensitive information will be used by others. But are NDAs always needed?

 

 

In this video, Adv. Yuval Lazi, a partner in our Corporate Department, discusses the questions facing any entrepreneur or entity fearing for the information it discloses to others. When should you sign an NDA and how much protection does it really give?

 

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Yuval Lazi specializes in business law and has close to 20 years of experience with startups and emerging companies. His practice focuses on M&A, startups, and venture capital financing. Yuval also specializes in structural changes, strategic projects, and complex corporate and commercial transactions. 

 

Source: barlaw.co.il

Tags: NDA | Startup
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