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Thompson Hine LLP, a full-service business law firm with approximately 400 lawyers in 8 offices, was ranked number 1 in the category “Most innovative North American law firms: New working models” by The Financial Times and was 1 of 7 firms shortlisted for The American Lawyer’s inaugural Legal Services Innovation Award. The firm has been recognized by the National Law Journal as a Legal Technology Trailblazer and featured by Bloomberg for its innovative service delivery models, which drive accuracy and predictability. The firm’s commitment to innovation is embodied in Thompson Hine SmartPaTHTM – a smarter way to work – predictable, efficient and aligned with client goals. For more information, please visit ThompsonHine.com and ThompsonHine.com/SmartPaTH.

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A Non-Disclosure Agreement (NDA) is a legal contract between two parties that wish to share and keep information confidential by specifying the instances under which such information may be disclosed. We recommend that all startups have an NDA to ensure that the proprietary information you share about your business model is not disclosed to anyone else without your authorization. NDAs are often used as part of commercial agreements as well as with employees, contractors, and investors. There are times when it makes sense to customize an NDA (for example, when collaborating with a competitor); however, most of the time a boilerplate mutual NDA will suffice. Watch this two-minute video, featuring New Ventures attorney <a href="https://urldefense.com/v3/__http:/links.thompsonhine.mkt4194.com/els/v2/e-xeF2gXezTW/QVRhZG02KyttcDhkM0NGdkJIY09HU2IzMU5VTjR5djdEemdrTFFVUDFQdXpxM29RY3J1YjM1cm5tc1dkSTU4VlFWTUprbENlRVozRHd6TmszNHA0K0pSbFIxM0x1NWxLZjFtZG5GbDdzaGs9S0/__;!!OdqygGz-7UHvSw!_W4F5sxKlV-IWcsGsEl9tj9vejIxx1-4Jwy3AM29W89SADNZD2wkUxXQRblMl25JDw-fJkjn$" target="_blank" rel="noopener">Erin Borcherding</a>, to learn more about the limitations of NDAs and the approach that Thompson Hine recommends to startups when pitching ideas.&nbsp;

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<a href="https://urldefense.com/v3/__http:/links.thompsonhine.mkt4194.com/els/v2/P3WPH4EN-GCk/QVRhZG02KyttcDhkM0NGdkJIY09HU2IzMU5VTjR5djdEemdrTFFVUDFQdXpxM29RY3J1YjM1cm5tc1dkSTU4VlFWTUprbENlRVozRHd6TmszNHA0K0pSbFIxM0x1NWxLZjFtZG5GbDdzaGs9S0/__;!!OdqygGz-7UHvSw!_W4F5sxKlV-IWcsGsEl9tj9vejIxx1-4Jwy3AM29W89SADNZD2wkUxXQRblMl25JD2COSReT$" target="_blank" rel="noopener">Click here</a> to view video.<span style="font-size: 11.0pt; font-family: 'Calibri',sans-serif;"><br></span>

Non-Disclosure Agreements for Startups

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