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Businesses that hold confidential information or trade secrets will, at times, need to pass this information on to enable their business to take its next step. Ensure that you have a watertight, legally enforceable non-disclosure agreement (NDA) in place and get the peace of mind you need to make that next move.
In addition to drafting, negotiating and reviewing confidentiality and non-disclosure agreements, our team can assist you across all areas of commercial law, including:
Our team of commercial solicitors can support you with:
Advice on which information should be covered by an NDA.
Data protection obligations determining whether they apply and their consequences.
Defining disclosure parameters while maintaining confidentiality protection.
Determining the type of NDA required whether this is a unilateral or bilateral approach.
Drafting the NDA to ensure that it is legally enforceable and adequately protects your confidential information while providing the recipient with the freedom to use that information for a specific purpose.
Execution logistics easing the process for all parties including correctly executed documents.
Market practice avoiding unnecessary and costly negotiations.
Negotiating the terms of the NDA pragmatically and commercially.
Party definition ensuring that the correct entities enter into the NDA.
Remedies for breach helping you to decide the best options for your business and supporting you if a breach of an NDA occurs.
Restrictive covenants expanding the scope of an NDA to cover non-compete provisions.
Reviewing NDAs to avoid onerous terms if you are a recipient of confidential information.
Disclosing confidential information or trade secrets to a third party may be required for various business reasons, such as potential investment or partnership, acquisition discussions or demonstrating a new product or technology. While these discussions and disclosure may be of a completely amicable nature with a view to the parties working together in the future, it is important that you are adequately protected from a third party using the information for its own ends or passing it on to others.
Having a pragmatic and commercially focussed NDA in place, which is correctly drafted and legally enforceable, will provide you with the necessary protection while allowing the named third party to use your confidential information as required. Preparing a document that achieves its objectives fairly and reasonably will save negotiation time, avoid unnecessary fees, and reinforce the cooperative spirit of the parties involved.
We can support and advise you in determining the following parameters of the NDA to ensure that it works for you and your third-party relationship:
Ensure that your business’ confidential information and trade secrets are adequately protected from unauthorised disclosure and use.
Knowing that your confidential information is adequately protected can provide you with the assurance required to enable you to take the next step with your project or third-party relationship.
Having a clear definition of what constitutes confidential information and the purposes for its use results in certainty for all parties concerned and reinforces the significance of that information to the third party and its advisers.
By focusing on market practice, sector-specific practicalities and preparing a fair and reasonable NDA, both you and the third party can avoid unnecessary costs and delays. Plus, you’ll maintain a proactive, amicable relationship from the outset.
Outlining the steps to be taken by both parties in respect of the confidential information, if the project does not move forward, will assist in a clean break and avoid unnecessary discussions and potential contractual disputes.
We support a wide range of UK-based clients across a variety of sectors and advise all businesses from start-ups, SMEs, and high-growth companies to multi-national companies. We pride ourselves on making legal support more accessible. With our legal subscription plans, you can expect to receive advice from experienced solicitors at a fraction of the cost of a traditional law firm, helping you scale your business without breaking the bank. And because of our pricing structure, we can also provide you with legal support across a range of integrated services, from drafting contracts and conducting data protection audits, to corporate transactions and intellectual property advice, giving you a more holistic level of support in all areas of your business.
We can advise you on the full array of commercial law issues that arise throughout your business’ life cycle. Our commercial solicitors understand the need for pragmatic, business-focused decisions and advice and are expertly placed to combine this with the necessary legal requirements and market practice. We understand your industry and your business and using this knowledge, can offer tailored advice that works for you and your needs.
Having all worked at top 100 UK law firms or as in-house legal counsel for large international companies, our commercial solicitors are adept at navigating their way through commercial law issues and can provide the support that you need, when you need it.
Find out more about the team here:
Our three transparent pricing packages are designed to give you the widest possible access to high-quality legal advice, whatever the size and nature of your business:
Straightforward access to senior solicitors at a competitive rate.
An affordable solution for businesses needing one-off legal support. Receive ‘City’ partner-level expertise at a fraction of ‘City’ prices.
Have legal peace of mind for £209 per month with additional support from £140 per hour.
A monthly subscription legal support package specifically designed for start-ups and smaller businesses.
Providing you with priority access to a dedicated panel of highly experienced solicitors.
Fully account managed quarterly subscription service for businesses with more complex legal needs.
Please leave us your details and we’ll contact you to discuss your situation and legal requirements. There’s no charge for your initial consultation, and no-obligation to instruct us. We aim to respond to all messages received within 24 hours.
Our commercial lawyers are based in or close to major cities across the UK, providing expert legal advice to clients both locally and nationally.
We mainly work remotely, so we can work with you wherever you are. But we can arrange face-to-face meeting at our offices or a location of your choosing.