NDA, Non-Disclosure Agreement, what can it really do?
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tandi
Apprentice
Joined: 20 May 2006
Posts: 4
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 Posted: 01/28/08 - 06:23 Post subject: |
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Hello,
At my company weve been having some trouble with ex-employees being poached by the competition. They are then using their knowledge from our firm to get ahead, and steal clients. Is it a solution to get employees to sign a Non-Disclosure Agreement? What can this really do? I would like to know to what extend such an agreement is binding, and how it works out in practice. What if the agreement is broken? Thanks for your comments. |
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les
Apprentice
Joined: 12 Dec 2005
Posts: 4
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| Posted: 02/27/08 - 00:31 Post subject: |
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| These NDAs are definitely of help in preventing indiscretion on the part of employees and ex-employees. Yes, they are legally binding, and you can sue if the agreement is breeched. But on the other hand, if someone wants to, he or she can surely find a way of hiding the fact that they were responsible for the spread of certain trade secrets. |
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