A Non-Disclosure Agreement (NDA) is a legal document that lays down the terms and conditions between 2 entities for maintaining the confidentiality of any information shared between them. An NDA is required to maintain secrecy of the trade secrets, business data and client information shared with service providers, traders or vendors.
A Non-Disclosure Agreement must be drafted and vetted by an experienced lawyer who understands the needs of a business. To protect the business from any kind of liability and to ensure that the information shared is protected from all ends in the agreement, you must get your NDA reviewed by a startup lawyer. An advocate can evaluate the document and exact any mistakes or flaws in the agreement.
The prepared Non-Disclosure Agreement is shared with the lawyer along with other relevant information. The lawyer reviews the documents and provides their recommended additions or amendments. You can then make the recommended changes before it is signed by the parties.