Confidentiality Agreements
Confidentiality agreements are vital when pitching or entering into discussions with other businesses and sharing confidential information. The protection of business ideas and innovations are paramount given that they are often the most important commercial asset of any business. It can be as important, if not more important, than formal intellectual property rights and for some rights such as patents it is a pre-requisite for protection. In order to safeguard your confidential information and know-how, it should be kept secret from competitors.
How can we help you with confidentiality agreements?
To keep alive the possibility of securing patents, confidentiality agreements should be considered at the outset and before entering into discussions with any third parties, including business partners, manufacturers and suppliers.
We will help you:
- with the submission of ideas to third parties or investors and put such recipients of confidential information on notice that the information they receive is confidential and protected
- determine the type of confidentiality agreements required
- prepare confidentiality agreements or non-disclosure agreements (also known as “NDAs”) to ensure that it is legally enforceable and adequately protects your confidential information
- regulate informal collaborations and idea development
- commercially exploit your know-how
- data protection obligations
- limit or expand the scope of restrictive covenants
- review and negotiate confidentiality agreements
- secure ownership of intellectual property developed through use of confidential information
To speak to one of our expert IP solicitors about confidentiality agreements, call us on 0131 478 4724 or complete an Online Enquiry to request a call back.
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