NDAs For In-House Counsel; Best Practices To Adopt And Pitfalls To Avoid
All In-House Counsel would agree that NDA’s are ubiquitous. Entering into an NDA is often the very first step companies take when they enter into discussions around any sales deal, software purchase, project, or other venture. But very often, the NDA creates more risk than it resolves. NDA’s are rarely enforced, and if they are, it’s not always clear what the outcome will be. Even the most basic undertaking requires a thoughtful approach, including determining at the outset when an NDA should simply be avoided. And when an NDA is the correct first step, an ongoing relationship will usually require a separate type of agreement once the parties move from “talking” to actually “doing.”
With all of the above in mind, In-House Connect is thrilled to connect with you with Dan Shulman. Dan is a former Chief IP Counsel and current shareholder at Vedder Price. Dan will walk attendees through a fictionalized project between two companies and explain how a knee-jerk mutual NDA is likely to be the wrong first step. Dan will then offer a different type of agreement framework that protects the client from exposure to another party’s trade secrets and ensures that intellectual property developed along the way is adequately accounted for, especially if the project ultimately fails.
The presentation will:
– Detail the purposes and risks of a NDA, including when to avoid one altogether;
– Provide a framework for conceptualizing a development project and what to include in an NDA; and
– Provide a form document that will meet the needs for most product development activities that minimizes risks and maximizes intellectual property protection.
Attendees will come away from the program with the correct approach needed to “fill in the blanks” in an appropriate agreement and create a framework to properly document the fictionalized development “Project.”
PLEASE NOTE: THIS RECORDING IS NOT CLE ELIGIBLE.
If you’re interested in scheduling a free 1 to 1 meeting with Dan, CLICK HERE.