non disclosure agreementConfidentiality and non-disclosure agreements are frequently used in business situations. Violations of a confidentiality agreement can result in significant penalties. Confidentiality agreements often result in litigation, so it is important to ensure that you understand what it entails before signing. Las Vegas NV business lawyers from Dobberstein Law Group can help prepare and review confidentiality agreements.

What is a confidentiality agreement?
Confidentiality agreements involve situations where one party discloses certain information and the other agrees to keep that information confidential and not disclose it to any unauthorized third parties. A confidentiality agreement may be utilized in many different circumstances, including employment contracts, buy-sell negotiations, mergers, appraisals and other common business arrangements.

A confidentiality agreement should be clear in what it deems as confidential. If the agreement is too broad, then it could create issues. The agreement should also clearly set forth how the information may be used. Certain information that is commonly known or otherwise public, should not be subject to a confidentiality agreement.

Confidentiality agreements must be reasonable in their terms in order to be enforceable. Whether the terms of the agreement are reasonable depends upon the purpose of the agreement, its subject matter, and many other factors.

Why should you consult with an attorney about confidentiality agreements?
Before entering into a confidentiality agreement, you should consult with an attorney. An attorney will help ensure that there are no ambiguities in the agreement. They will also help ensure that your rights are protected and that the terms of the agreement are not overly broad.

An attorney can help you identify potential issues with the agreement. They can also provide advice about ways to remedy those issues. This will help you avoid issues in the future.

For assistance with confidentiality agreements and other business issues, contact the experienced Las Vegas NV business lawyers from Dobberstein Law Group.