Are you trying to protect the secrecy of your business’ valuable intellectual property (IP)? Boss Lawyers is a leading law firm with specialist lawyers to help Australian business owners obtain timely and concise legal work.
Businesses in Australia often find themselves needing to share information with a potential investor, employee, partner, adviser, customer or contractor. To prevent this information from being disclosed to competitors or others by these parties, a Non-Disclosure Agreement or Confidentiality Agreement can be used to protect your confidential information. These restrict access of this information to third parties. Specialist contract lawyers at Boss Lawyers are available to draft a comprehensive NDA or Confidentiality Agreement to ensure your confidential information remains undisclosed to protect your business and its Intellectual Property in Brisbane.
What is a Non-Disclosure Agreement?
A Non-Disclosure Agreement, is a legal document that you can use to disclose confidential information to another party, while legally forbidding either party from disclosing that information to any person or entity. This document is only enforceable if it is signed by you and the other party, therefore it is important that it is signed before either party shares any confidential information.
Use a Non-Disclosure Agreement if:
- You would like to disclose confidential information;
- You would access confidential information that belongs to someone else; and
- You would like to protect the confidential information of both parties.
What does the Non-Disclosure Agreement cover?
- A description of the confidential information;
- Confidential rights and obligations of the parties;
- Protection of sensitive information;
- Return of confidential information at the end of the agreement;
- Obligations regarding proper use of the information; and
- Circumstances where disclosure is permitted.
To ascertain whether you need a Non-Disclosure or Confidentiality Agreement in Brisbane, get in touch with Boss Lawyer’s team of dedicated contract lawyers at 07 3188 0200 or you can complete our contact us page!
Before sharing any important business information and details with outsiders, you should seek expert legal opinion. Circumstances will arise when a client have other options other than a NDA or Confidentiality Agreement.
Business owners must also be aware of protections afforded to ideas and information by forms of Intellectual Property such as Patents and Copyright. These agreements are also unnecessary if the private information turns out to be available in the public domain.
Depending on your specific requirements, Boss Lawyers may provide fixed fees to clients to provide price certainty. Billable hours are an out-dated way of charging clients, neglecting the fact that clients are able to focus better on the legal advice they’re receiving when they are not distracted by potential time intervals. Minimising our low overheads also mean competitive prices, so Australian clients have quality, affordability and efficiency in the one service.
To speak with the Boss Lawyers team about your Brisbane Non-Disclosure or Confidentiality Agreement, get in touch with us today!