Starting at $1,500.00 for basic Non Disclosure Agreement. More complex matters may range from $5,000.00-$10,000.00. An NDA is a contract by which one or more parties agree not to disclose confidential information that they have shared with each other as a necessary part of doing business together.
Five other key features must be included in your NDA to ensure it's legally binding, including a description of confidential information, obligations of the parties involved, any exclusions, the term of the agreement and consequences of a breach.
In addition, California's STAND Act and Silenced No More Act make it unlawful for businesses to use nondisclosure agreements to prevent their employees from revealing factual information regarding sexual assaults, workplace harassment, workplace discrimination, or workplace retaliation.
There are two answers here. First, if you are asking if you need an attorney involved for a non-disclosure agreement that you are asked to sign, the answer is no, you don't need an attorney involved if you are asked to sign a non-disclosure agreement.
You don't need a lawyer to create the agreement, but you may need someone with legal expertise to review it. We recommend consulting with a legal expert to ensure your agreement fully protects your organisation's interests when the document is first created.
By February 14, 2024, employers must notify current employees and former employees (employed after January 1, 2022), whom the employer required to sign noncompete or customer nonsolicitation provisions, that those provisions are void under California law.
After December 7, 2022, employees who sign an agreement that includes a non-disparagement clause or a non-disclosure clause before sexual harassment or assault occurs and a dispute arises are not bound by these agreements. The Speak Out Act of 2022 renders such clauses judicially unenforceable.