NDAs (interchangeable with “confidentiality agreements”) are common in business relationships—over one-third of U.S. employees are bound by them. You’ve likely been asked to sign an NDA because the individual, company, or entity is about to disclose sensitive information, and you’ll be in a position to learn about and leak that information. In all likelihood, you’ll have to sign the NDA in order to move to the next steps of your individual situation.
For starters, understand exactly what an NDA is and how NDAs work. Then, answer these seven critical questions to ensure that you’re not putting yourself at more legal liability than necessary and that the deal is fair for both you and the other party.
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