Category: NDA

7 surefire steps to end contract gridlock in your business

In the words of Harvard professors, Marco Iansiti and Karim R. Lakhani, the contract process now represents “a rush-hour gridlock trapping a Formula 1 race car”. The International Association for Contract & Commercial Management (IACCM) has found that 83% of… Read More

Bringing Control, Accuracy and Simplicity to Legal automation

Michal Bell, LawGeex Head of Product, on the next generation of AI contract review helping reduce legal risk through consistency Legal knowledge tends to reside in lawyers’ heads, creating a dependency on lawyers sharing their know-how. AI is helping… Read More

Contract Types

14 Types of Contracts Your Startup Needs

No startup is an island. To succeed you’re going to have to form relationships with lots of other people and businesses:  co-founders, investors, employees, vendors, customers, etc. To reduce risk and uncertainty, many of those relationships should be formalized… Read More

Pretzels and Trade Secrets

Can a Pretzel Sandwich be a Trade Secret? – Part 2

In the previous installment, we talked about how Sweet Street Desserts and Better Bakery worked together to create a pretzel sandwich, sharing information under an NDA. Unfortunately, the parties had a falling-out. Sweet Street claimed Better Bakery had a… Read More

Pretzels and NDAs

Can a Pretzel Sandwich be a Trade Secret? – Part 1

Entrepreneurs often ask their lawyers for “bullet-proof” non-disclosure agreements (NDAs) that will prevent their business associates from stealing their great ideas. The problem is, no such thing exists. We discussed in this previous blog how an NDA won’t… Read More

Making Money from Your Great Ideas – Part 1

*Note: this is part one of a three part blog. Check back or follow us for the next two parts. “How can I make money from this great idea I have for a business/product/service/movie?” People often post questions… Read More

NDA

Will an NDA Really Protect Your Business Ideas…?

…and what if the other person won’t sign one? Many people make others sign non-disclosure agreements (NDAs) before they reveal their business ideas to them. They assume that an NDA will prevent the other party from using or… Read More

NDAs

The Sneaky NDA Clause that Can Bite You in the Behind

Most NDAs are harmless. Despite all that scary-looking legalese, there’s nothing in there that’s likely to hurt you. But that doesn’t mean you shouldn’t read them carefully – because in rare cases an NDA will have a clause… Read More