In-house counsel are accustomed to the ritual of negotiating NDAs to prevent unauthorized use and disclosure of their company's confidential and proprietary information, but they often overlook the perils of overnegotiating NDAs. This article highlights these perils and offers practical tips for drafting and negotiating NDAs for U.S. and international companies in order to quickly conclude an NDA that conscientiously protects confidential and proprietary information, without the unnecessary extras.
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The information in any resource collected in this virtual library should not be construed as legal advice or legal opinion on specific facts and should not be considered representative of the views of its authors, its sponsors, and/or ACC. These resources are not intended as a definitive statement on the subject addressed. Rather, they are intended to serve as a tool providing practical advice and references for the busy in-house practitioner and other readers.