Confidentiality Agreement Cost

Clients Rate Lawyers on our Platform 4.9/5 Stars
based on 2,656 reviews

Jump to Section

Need help with a Confidentiality Agreement?

Post Project Now

Post Your Project (It's Free)

Get Bids to Compare

 Hire Your Lawyer

What does a confidentiality agreement cost? This is a question many company owners ask when faced with disclosing sensitive and private information. So let’s explore this question and review some general information about confidentiality agreements.

How Much Does a Confidentiality Agreement Cost?

A confidentiality agreement, sometimes called a non-disclosure agreement (NDA), is a legally binding contract between two parties. This agreement protects one party from disclosing the private information of another party.

Confidentiality agreements protect corporate information or proprietary knowledge. For example, they are often used during corporate mergers or when a company hires new employees who have access to sensitive information.

There are various types of confidentiality agreements. Determining which one you need to protect your company’s privacy and information can be challenging. As a result, many companies hire a lawyer who has experience with confidentiality agreements to draft this important contract.

A knowledgeable attorney will know what type of confidentiality agreement your company needs and what provisions and clauses need to be included to protect your company’s interests best.

Based on ContractsCounsel’s marketplace data, the average cost of a project involving a confidentiality agreement is $386.67.

The cost of a confidentiality agreement will vary depending on several variables. For example, the particular service requested, the number of parties involved, and the number of custom terms included in the document will all affect the agreement's cost.

What’s Typically Included in a Confidentiality Agreement

Confidentiality agreements will vary depending on the type of company, protected information, and the type of agreement used. Even though these contracts are usually customized, most confidentiality agreements will include the following elements:

  • Parties. The names and information for the parties signing the agreement.
  • Duration. The agreement should have a beginning and end date.
  • The Protected Information. The purpose of the confidentiality agreement is to protect certain information. Therefore, the items subject to confidentiality need to be listed so the parties know what information cannot be shared.
  • Obligations. The parties may be subject to specific responsibilities to ensure the protected information is kept confidential.
  • Exclusions. Some information is already known by the parties or available in the public realm. So, this information will be excluded from the confidentiality agreement.
  • Permissible Disclosure. Certain situations, like law enforcement involvement, may require the disclosure of information. These situations should be outlined in the agreement.
  • State Laws. The state laws that apply to the agreement should be included.
  • Dispute Resolution. This provision governs how a dispute will be handled if it should arise.
Meet some lawyers on our platform

Benjamin W.

40 projects on CC
View Profile

Max M.

102 projects on CC
View Profile

Zachary J.

34 projects on CC
View Profile

Richard N.

76 projects on CC
View Profile

Types of Confidentiality Agreements

There are several types of confidentiality agreements. Each type of agreement will serve a different purpose or industry. If you are unsure which type of confidentiality agreement your company needs, consult with a contracts lawyer to help you decide.

The four standard confidentiality agreements include:

  • One-Sided Non-Disclosure Agreements. Sometimes called a Unilateral NDAs, only one party is disclosing confidential information to the other party under this confidentiality agreement.
  • Mutual Non-Disclosure Agreements. Also called a bilateral or multilateral confidentiality agreement refers to an agreement where both parties are disclosing confidential information. Hence, both parties are under confidentiality obligations.
  • Merger and Acquisition Agreements. Often abbreviated to M&A NDAs, they will execute a confidentiality agreement when two companies decide to merge. This protects both companies' information if the merger does not go through.
  • Employer-Employee Non-Disclosure Agreements. It is common for employers to require new employees to sign a confidentiality agreement. This type of agreement will prevent employees from sharing business information, client lists, or trade secrets.

Examples of Confidentiality Agreement Projects

Confidentiality Agreement Drafting Service

One service that contract lawyers provide is drafting services. Instead, many companies would hire a licensed attorney to draft an important contract to ensure it is correctly written and legally enforceable.

Drafting services will often include a consultation with the company owner, creating the agreement, and revisions if necessary. The lawyer will first want to meet with the owner to learn about the business and the type of information that the confidentiality agreement will cover.

The lawyer will then draft a comprehensive agreement the company owner can use for business. The owner can schedule additional meetings with the lawyer for revisions or add other terms if necessary. It is important to remember that additional legal services may incur additional fees.

Confidentiality Agreement Review Service

It is a good idea to hire a lawyer to review your confidentiality agreement before you execute it. While legal contracts are often written in challenging ways for non-lawyers to understand, you should ensure you fully understand what you agree to.

A lawyer can review your contract, explain any terms you don’t understand, and ensure that you understand all your obligations under the contract. Furthermore, when you hire a contract lawyer to review the document, they are looking at the contract with your interest in mind. Therefore, your lawyer will determine if the contract is fair and protects your interests as well.

Confidentiality Agreement Drafting Costs

Drafting a confidentiality agreement comes with costs. The company or party requiring the agreement will most often incur the fee. Fees will vary based on the type of company, length of the document, and the individual lawyer’s rates.

ContractsCounsel’s marketplace data shows the average confidentiality agreement drafting costs are $386.67 across all states and industries.

Confidentiality Agreement Review Cost

Suppose the signing party hires a lawyer to review the confidentiality agreement. In that case, they will be responsible for the legal fees, not the company requiring the agreement. In addition, a lawyer will charge for the time it takes to review the contract and meet with their client.

ContractsCounsel’s marketplace data shows that the average confidentiality agreement review costs $386.67 across all states and industries.

How Do Confidentiality Agreement Lawyers Charge?

Contract lawyers charge for services in a variety of ways. However, the two most commonly used fee structures are hourly and flat.

Hourly Rates for Confidentiality Agreements

When using an hourly rate fee structure, the lawyer provides the client with a set hourly rate that they will bill for the project's duration or case. The client will usually receive periodic bills that they must pay throughout the legal representation.

Hourly rates are beneficial for lawyers because it ensures they will be compensated for every hour spent working on a client’s project. Clients, however, may not like this fee structure because they will not know the total cost of legal services until the end of the case or project.

ContractsCounsel’s marketplace data shows the average hourly rate for a confidentiality agreement lawyer ranges from $200 - $300 per hour.

Flat Fee Rates for Confidentiality Agreements

If a lawyer is completing a specific project for a client, like drafting a confidentiality agreement, they may choose to charge the client using a flat fee structure. The lawyer can estimate how much time the project will take to complete and quote the client a set rate for the entire job.

This structure is beneficial for clients because they know exactly how much legal services will cost. Still, often they are required to pay the entire fee upfront.

For lawyers, flat fee rates can be tricky. For example, if the project takes longer than expected, they may be unpaid for work hours.

ContractsCounsel’s marketplace data shows the average flat fee rate for a confidentiality agreement is $386.67.

Get Help with a Confidentiality Agreement

Do you need help with a confidentiality agreement project? If so, post a project in ContractsCounsel’s marketplace to receive flat fee bids from business lawyers to handle your project. All lawyers on the ContractsCounsel’s platform are vetted by our team to make sure you are provided with top tier service.

How ContractsCounsel Works
Hiring a lawyer on ContractsCounsel is easy, transparent and affordable.
1. Post a Free Project
Complete our 4-step process to provide info on what you need done.
2. Get Bids to Review
Receive flat-fee bids from lawyers in our marketplace to compare.
3. Start Your Project
Securely pay to start working with the lawyer you select.

Meet some of our Lawyers

View Christopher
Member Since:
August 25, 2020

Christopher R.

Free Consultation
Get Free Proposal
Boston, MA
8 Yrs Experience
Licensed in MA, NH
Suffolk University Law School

Corporate and transactional attorney in sixth year of practice. Focus areas include general corporate counsel, labor and employment law, business partnership matters, securities matters related to privately-held companies, and regulatory compliance in securities and finance matters.

View Forest
Member Since:
July 14, 2020

Forest H.

Free Consultation
Get Free Proposal
Nashville, TN
24 Yrs Experience
Licensed in FL, TN, TX
Washington and Lee University

Forest is a general practice lawyer. He provides legal advice regarding small business law, contracts, estates and trusts, administrative law, corporate governance and compliance. Forest practiced complex commercial litigation in Florida for eight years, representing clients such as Host Marriott, Kellogg School of Business, and Toyota. Since moving to Nashville in 2005, he has provided legal advice to clients forming new businesses, planning for the future, and seeking funding through the use of equity and/or debt in their businesses. This advice has included the selection of business type, assistance in drafting and editing their business plans and offering material, reviewing proposed term sheets, and conducting due diligence. Forest is a member of the Florida, Tennessee, and Texas Bars; in addition. Forest has held a Series 7, General Securities Representative Exam, Series 24, General Securities Principal, and Series 63, Uniform Securities Agent State Law.

View Anjali
Member Since:
July 15, 2020

Anjali S.

Free Consultation
Get Free Proposal
Orlando, FL
11 Yrs Experience
Licensed in CA, FL, NY
NYU School of Law

CA, NY, and FL licensed attorney with nearly a decade of experience in intellectual property, data privacy, commercial contracts, and employment. I also have both the CIPP/US and CIPP/E privacy credentials. Basically, everything your business needs!

View David
Member Since:
July 15, 2020

David C.

Law Firm Principal
Free Consultation
Get Free Proposal
Miami, FL
41 Yrs Experience
Licensed in FL, NJ
University of Florida, Levin College of Law

David H. Charlip, the principal of Charlip Law Group, LC, is one of only 101 Board Certified Civil Trial Lawyers in Miami-Dade, with over 40 years of litigation experience. Mr. Charlip is also one of only 136 Florida Civil Law Notaries. He is also a Florida Supreme Court Certified Circuit Civil Mediator and a Florida Supreme Court Approved Arbitrator. He has managed and litigated cases across the country. Mr. Charlip has advised businesses, drafted business formation and purchase and sale documents and litigated business disputes for over 40 years and is very familiar with all aspects of contractual relations.

View Christopher
Member Since:
December 7, 2021

Christopher R.

Managing Attorney
Free Consultation
Get Free Proposal
6 Yrs Experience
Licensed in FL, OH
Capital University Law School

Trusted business and intellectual property attorney for small to midsize businesses. Helping businesses start, grow, scale and protect.

View Lourdes
Member Since:
July 15, 2020

Lourdes H.

Free Consultation
Get Free Proposal
Miami, FL
18 Yrs Experience
Licensed in FL, NJ
University of Miami, J.D.

With over 16 years of experience in the area of estate planning, trademarks, copyrights and contracts, I am currently licensed in Florida and NJ. My expertise includes: counseling clients on intellectual property availability, use and registration; oversee all procedural details of registration and responses with the USPTO/US Copyright Office; negotiate, draft and review corporate contracts and licensing; counsel clients on personal protection, planning and drafting comprehensive estate plans.

View Melissa
Member Since:
July 15, 2020

Melissa T.

Attorney and Law Firm Owner/President
Free Consultation
Get Free Proposal
Maitland, FL
20 Yrs Experience
Licensed in FL
University of Florida Levin College of Law

Melissa Taylor, the President and founding partner of Maurer Taylor Law, specializes in business contract review and drafting and is a second-generation attorney with private firm, in-house counsel, governmental, entrepreneurial, and solo practitioner experience. Melissa has a strong legal background, a dedication to customer service, is friendly, warm and communicative, and is particularly skilled at explaining complex legal matters in a way that's easy to understand. Melissa personally handles all client matters from start to finish to ensure client satisfaction.

View Lawrence
Member Since:
July 20, 2020

Lawrence S.

Free Consultation
Get Free Proposal
Miami/Coral Gables, FL
41 Yrs Experience
Licensed in FL
University of Miami

Lawrence A. “Larry” Saichek is an AV rated attorney and a CPA focusing on business and real estate transactions, corporate law and alternative dispute resolution. With a background including five years of public accounting and six years as “in house” counsel to a national real estate investment company, Larry brings a unique perspective to his clients – as attorney, accountant and businessman. Many clients think of Larry as their outside “in house” counsel and a valued member of their team. Larry is also a Florida Supreme Court Certified Mediator and a qualified arbitrator with over 25 years of ADR experience.

View Brett
Member Since:
July 15, 2020

Brett G.

Free Consultation
Get Free Proposal
New York, NY
33 Yrs Experience
Licensed in NY
New York University

Entertainment Attorney with 30+ years of experience, representing all aspects of the TV, Film, Music and Publishing Industries

View Aaron
Member Since:
July 15, 2020

Aaron M.

Free Consultation
Get Free Proposal
New York, NY
12 Yrs Experience
Licensed in NJ, NY
Fordham University School of Law

Aaron focuses his practice on entrepreneurs and emerging growth companies, providing general counsel services for companies from formation through exit. Aaron frequently advises clients in connection with routine and unique legal, business, and strategic decisions, including corporate, business and technology transactions, angel and venture financings, mergers and acquisitions, protection of intellectual property, and information privacy and data security.

View Stacey
Member Since:
July 16, 2020

Stacey D.

Free Consultation
Get Free Proposal
Detroit, MI
12 Yrs Experience
Licensed in FL, MI
Stetson University College of Law

I enjoy helping businesses of all sizes succeed, from start-ups to existing small and medium sized businesses. I regularly advise corporate clients on a variety of legal issues including formation, day to day governance, reviewing and drafting business contracts and other agreements, business acquisitions and sales, as well as commercial and residential real estate issues, including sales, purchases and leases. As an attorney licensed in both Michigan and Florida, I also advise clients on real estate issues affecting businesses and individuals owning real property in either state, whether commercial, residential or vacation/investment property. I also regularly assist nonprofit organizations in obtaining and maintaining tax exempt status, and provide general legal counsel on all matters affecting public charities, private foundations and other nonprofit organizations.

Find the best lawyer for your project

Browse Lawyers Now

Want to speak to someone?

Get in touch below and we will schedule a time to connect!

Request a call