Confidentiality and Non-Disclosure Agreements

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.

More from the Downs Blog

Changing an employee’s terms and conditions is challenging both from a legal and trust perspective.

British Gas has been in the media over recent weeks due to the “fire and rehire” approach with their employees.

Domestic Abuse in the Workplace

The Department for Business, Energy & Industrial Strategy undertook a report into domestic abuse and the workplace. The report identified that the number of domestic abuse cases had increased during the pandemic and that 1 in 5 victims of domestic abuse had time off work. Sadly, research found that few employers were able to identify the signs of domestic abuse and/or had policies or procedures available to help support survivors.

The Spring Budget 2021: A Summary

As the UK eagerly tuned in to the most anticipated Budget for a generation, many were left wondering what the Chancellor’s traditional “rabbit out of a hat” might contain - especially as several big measures had been announced beforehand.

Working from home - where do you stand?

Under new government guidance, you should work from home if you can effectively do so. However, some employers may ask their employees to return to work whilst restrictions are in place - particularly if it is not reasonable to carry out that work at home. For those who are concerned about health problems, or juggling childcare, where do you stand in the eyes of the law?

What the new lockdown means for businesses, employees and workers

The third lockdown in England legally came into force on 6 January 2021. How long it will last is uncertain. At least until mid-February and possibly until late March. Vaccination provides a route out of the pandemic, but businesses need to survive this final and possibly longest of the lockdowns.

We are open

During these uncertain times, it is good to know you can count on us.

Even after the recent Government announcement of another national lockdown we remain open for business and are here to help you.

Coronavirus Job Retention Scheme Extended Until March 2021

On Thursday 5 November 2020, the Chancellor announced that the furlough scheme is to be extended until the end of March 2021. During this period you will be able to claim up to 80% of an Employees salary up to a cap of £2500.

 

Coronavirus Update - CJRS Extended

The Chancellor announced over the weekend that the Coronavirus Job Retention Scheme (CJRS) that was due to end on 31st October will be extended until 2nd December.  The level of support available under the extended scheme will mirror that of what was available under the CJRS in August, with the Government paying 80% of wages up to a cap of £2,500.

Chancellor announces changes to the Job Support Scheme

The Chancellor announced on Thursday 22 October that the Government contribution to employers’ wage costs under the Job Support Scheme (JSS) will be increased. Employers will be expected to pay 5% of the cost of unworked hours instead of the 33% originally announced.

Coronavirus Update - CJRS Bonus - Are you eligible?

Back in the summer the Chancellor announced that employers could receive a one-off payment of £1,000 for every employee who had previously been furloughed under the Coronavirus Job Retention Scheme  provided they remained continuously employed to the end of January 2021.  Businesses will be able to claim the Job Retention Bonus from 15 February 2021 and the Government has stated that further guidance will be provided by the end of January 2021.

Family Investment Companies

What is a family investment company (FIC)?

FICs are companies limited by shares (an “Ltd” or “Limited”) often setup by parents or grandparents (“Founders”) to benefit both themselves and their family as shareholders. Their popularity has increased in recent years, being seen as a corporate alternative to the more common discretionary trust.

Coronavirus Update - Jobs Support Scheme announced

With new government guidance on Covid coming into force today and the current furlough scheme coming to an end next month, as expected, the Chancellor has today announced a new scheme to help businesses.  

Money Laundering Regulations – Is your business compliant?

You must meet certain day-to-day responsibilities if your business is covered by the Money Laundering Regulations or if you just want to protect your business from such risks and work on a best practice basis. These include carrying out ‘customer due diligence’ measures to check that your customers are who they say they are.

What could work look like in 2020?

One of the big focuses in recent years has been on flexible working and how it has changed the concept of a “normal” working day. From challenging the norms of 9-5 working to commuting time counting as working time, there’s no doubt that the new decade could bring a new shape of working – but what does that mean for business leaders and their HR teams?

Should you be including crypto-currency in your will?

In a recent blog we talked about how digital assets may not be so clear cut when it comes to rightful ownership in the event of your death. However, if you happen to own any crypto-currency, you might want to think about telling your loved ones how to retrieve it.

Election round up – the results

We've woken up to the news this morning that, following a public vote in a general election, the Conservative party will be forming a government after winning the biggest majority vote in over 30 years.

Workers’ Rights – What the main parties are saying in their election manifestos

With the General Election looming on 12th December what are the main parties saying in their election manifesto's on workers' rights.  David Seals, Head of Employment, takes a look at the key messages.

Could the UK avoid recession?

Talks surrounding the possibility of a shrinking economy are increasing by the day, however, according to the Office for National Statistics (ONS), the UK might just avoid a recession.

Another GDPR data breach hits the headlines

No sooner have we published a blog about British Airways’ largest GDPR fine on record, we find another story in the news.

Digital assets – what do you think you own?

Whilst writing wills or nominating an individual for a Lasting Power of Attorney, protecting physical assets, such as property or cash, might be the first things to spring to mind. But, in an increasingly digital age, what about any online assets to an estate?

BA Faces "Largest" GDPR Breach Fine

British Airways (BA) looks set to face the largest GDPR penalty by the Information Commissioner’s Office (ICO) of £183m for last year’s data breach that put 500,000 customers’ details at risk.

3 Situations that require a Non-Disclosure Agreement

In all the excitement of a new partnership or business venture, sometimes we forget the serious side too. Fact is, without a non-disclosure agreement, or NDA as it is more commonly known, you risk exposing some of the valuable, and saleable, secrets of your success

What is "Blockchain Technology" and what impact might it have on the legal industry?

BLOCKCHAIN TECHNOLOGY

One of the biggest IT changes on the horizon for us as professionals is the impact blockchain technology will have on the way we work. This note attempts to shed a little light on what it is and how it may be applied.

Why have Terms and Conditions

Terms and Conditions (T&Cs) are key for any trading business, setting out the terms on which contracts are formed, operated and terminated. They can be in various forms and contain all manner of arrangements which are bespoke to the relevant industry, transaction and customer including matters such as price and payment, method of placing orders, responsibilities of both parties, delivery arrangements, returns, and warranties and liabilities. They also detail what happens when things go wrong, for example the customer fails to pay an invoice or the goods supplied are defective.

GDPR One Year On

The General Data Protection Regulation (GDPR) is nearly one year old, having come into effect on May 25th 2018. Many businesses in the UK and abroad have made amendments to elements of their practices to ensure GDPR compliance. As with any substantial change, there has been a steep learning curve and inevitable growing pains. With the one year mark fast approaching it seems an appropriate time to look at the impact and success, if any, of GDPR.

Show More

Our Team

Meet all of the team at Downslaw


Cobham

15A High Street
Cobham
Surrey
KT11 3DH

T: 01932 589599
F: 01932 505087

DX: 46102 COBHAM

Dorking

156 High Street
Dorking
Surrey
RH4 1BQ

T: 01306 880110
F: 01306 471230

DX: 57300 DORKING

Godalming

The Tanners
75 Meadrow
Godalming
Surrey
GU7 3HS

T: 01483 861848
F: 01483 431965

DX: 58308 GODALMING 1