Mike Dillon, the general counsel of Adobe Systems Inc., isn’t fond of the way many lawyers write. And it’s not just the legal briefs that are anything but. His dissatisfaction even extends to contracts like nondisclosure agreements. So, not long after he landed at the software company in 2012, he set out to do something about it. He thought there was no reason why NDAs had to be a half-dozen pages or longer. He believed they could be reduced to a single page. Taking a cue from our subject, this interview has been edited for length and style.
Continue Reading How We Stripped Down NDAs: Adobe’s GC wanted a nondisclosure agreement template that could be used without calling a lawyer
nondisclosure agreements
Everything You Wanted to Know About NDAs but Were Afraid to Disclose: When and why you need nondisclosure agreements and how to execute them
By Eric Lambert on
Posted in Operations, Risk Management
Nondisclosure agreements (NDAs) – also known as confidentiality agreements, confidential disclosure agreements and proprietary information agreements – are something most business leaders and attorneys deal with from time to time. However, few companies have formalized why, when and how NDAs should be used. Different people at the same organization may have very different approaches to using them, resulting in inconsistent protection of a company’s confidential information and potentially jeopardizing company trade secrets.
Continue Reading Everything You Wanted to Know About NDAs but Were Afraid to Disclose: When and why you need nondisclosure agreements and how to execute them