Technology Biz Blog

November 30, 2008

Protect Intellectual Property With a Non-Disclosure Agreement

Filed under: Legal — Tags: , , , — infotechbusiness @ 4:14 pm

Non-disclosure Agreements (NDA) are crucial to ensuring the protection of your intellectual property. When you take a job on or when you contract out work a NDA helps to cover your liabilities. With a NDA in place you can feel safer discussing your project with a contractor; and inversely, your clients can feel comfortable working on their project with you. I use a non-disclosure agreement every single time I hire a contractor, or every time I am hired to perform a job for someone else. I do it to protect myself from any legal issues that might arise as the result of the unauthorized use of either party’s intellectual property.

I like to use NDA’s in my work because I do not want to worry about what my sub-contractors might or might not do with my client’s information. Worrying about meeting deadlines and beating competitor’s quotes are enough for me to worry about on a daily basis.

NDA’s are also a great selling point when it comes to discussing a new contract. Letting them know I am ready and willing to use a NDA is sometimes that extra push that closes a deal.

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