If you have ever been asked to sign a non-disclosure agreement, you may have become aware that the party asking you to sign such an agreement was wanting to protect themselves in some way. That is quite true and was likely because they were about to share with you information that they did not want to have disclosed beyond you. On the other side of things, you should know when the use of an NDA may be beneficial for you to have signed by someone.
When do I need an NDA?
Intellectual property protections
For many businesses, protecting intellectual property can be a very important part of maintaining a competitive advantage or position in the marketplace. There are multiple types of intellectual property protections and understanding the purpose for each and the type of protections or rights they grant to a person or a business is important before seeking one.
