Posts made in January, 2016

Don’t Sign an NDA Without Checking These 5 Things

»Posted by on Jan 30, 2016 in David DelCollo | Comments Off on Don’t Sign an NDA Without Checking These 5 Things

Don’t Sign an NDA Without Checking These 5 Things

If you’ve ever worked in a competitive industry, you’ve probably been asked to sign a nondisclosure agreement. NDAs are pretty common, particularly in high-tech and IP-driven lines of business, where trade secrets are often corporations’ most valuable assets. If you can’t protect the ideas and processes that set you apart from the competition, you might not last very long. On some level, NDAs also benefit employees. By keeping their employers in business, they keep employee signatories employed.  NDAs are literally the only protection a company has in order to restrict or eliminate the ability for a disgruntled employee to walk out and bring knowledge, experience and — yes — secrets to a competitor willing to pay top dollar for them.  Legal experts like...

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