Why NDAs Matter in the Real World

#contracts #nda #howtocontract
Transform your NDA skills: www.howtocontract.com/nda-mas...
Explained by Laura Frederick, ex-Tesla and ex-BigLaw commercial contracts attorney with over 25 years of experience.
In this video:
- when you need an NDA and when you don't,
- why they're so important and how they protect a company’s value,
- how they relate to data protection and privacy laws, and
- how to explain their importance to your teams and counterparties.
Follow Laura on LinkedIn for more advice: / laurafredericklaw
See more videos on NDAs:
- Top 5 Provisions to Include in Your NDA: • Top 5 Provisions to In...
- Top 5 Provisions to AVOID in Your NDA: • Top 5 Provisions to AV...

[@user-we5zc6jd8y]

Extremely useful and insightful. Even for someone like me (not an attorney). Helps me understand when to request an NDA to slow down a deal vs its future-proofing benefits.

[@HowToContractYT]

Thank you so much for your super kind words!

[@fluorescentblackhole]

Great foundation. I hope to see selection of governing law in your next video. Does State vs state within the US really matter?

[@HowToContractYT]

Thanks! I appreciate you posting that. The whole governing law decision is a challenge even for most US lawyers. I'm working on a list of videos to do and I will definitely cover this subject in a future video. It may not be in the next one, but in a future one for sure.

[@saviturtyagi7627]

Thank you for sharing this informative video on NDAs! Your practical approach and emphasis on understanding the significance of NDAs are really helpful. Looking forward to your next video on essentials of NDAs! Keep up the great work!

[@HowToContractYT]

Thank you very much! Next video coming soon!

[@HowToContractYT]

Thanks so much! I'm so glad it's helpful. I'll be posting more soon.

[@ByteSizeParodies]

Love the video Laura!!! Super insightful!!

[@HowToContractYT]

Thank you very much!

[@garyfrancis6193]

You never define what an NDA is. People like you are so immersed in your field, you forget that others don’t use your initialisms.

[@HowToContractYT]

Thanks for pointing that out! An NDA is a non-disclosure agreement. It's the agreement we sign with counterparties when we are in the early stages of discussing a business relationship. In an NDA, the parties agree that they will not use or disclose the other party's confidential information. Most US companies enter into more NDAs than any other type of signed contract for the reasons I highlight in the video.