Confidentiality is important in business: you may want to protect an idea, a new venture, a new product, a new invention or simply stop someone who knows about your business from telling what they know to other people – or rival businesses.
Confidentiality Agreements are a robust and effective way of initiating discussions with individuals and businesses about your new ventures or products. Not only do they help to protect your ideas, but the very presence of a Confidentiality Agreement tells the other party that you mean business and that you have something worth protecting and are serious about protecting it.
Whilst partly dependent on the complexity of the arrangements, Confidentiality Agreements are not generally expensive to put in place, and instructing solicitors with knowledge and experience in this field is recommended.
For more information about Confidentiality Agreements and to find out more about how we can help you and your business, please contact our Corporate and Commercial team.