Non-Disclosure Agreement Cost

Clients Rate Lawyers on our Platform 4.9/5 Stars
based on 2,801 reviews

Jump to Section

Need help with a Nondisclosure Agreement?

Post Project Now

Post Your Project (It's Free)

Get Bids to Compare

 Hire Your Lawyer

What does a non-disclosure agreement cost? A company that needs to protect sensitive information may ask this question. Let’s explore non- disclosure agreement costs and review some general information about non- disclosure agreements and how they work.

How Much Does a Non-Disclosure Agreement Cost?

A non-disclosure agreement, often referred to as an NDA or a confidentiality agreement, is legal contract that provides one or both parties with confidentiality. Once signed, the content that is the subject of the agreement cannot be shared with third parties.

Non-disclosure agreements are common in the business world and are often used in the following situations:

  • To protect information about products when a company enters the sale or licensing of a product or technology.
  • When hiring a new employee to ensure proprietary information is not shared during employment or after employment ends
  • During negotiations with a new partner or investor
  • To inform new clients what sensitive information cannot be shared
  • During mergers and acquisitions to protect the financial and operational information of both companies.

Non-disclosure agreements are vital documents and serve to protect a business’s sensitive information like trade secrets, client lists, or financial information. Many companies who need a non-disclosure agreement seek the help of a qualified lawyer to draft this legally binding document.

An attorney who has experience with non-disclosure agreements will know how to draft a comprehensive contract that protects all the company’s interest and can be upheld in court if a dispute arises.

According to ContractsCounsel’s marketplace data, the average cost of a project involving a non-disclosure agreement is $285.

What’s Typically Included in a Non-Disclosure Agreement

Non-disclosure agreements are easily customized to fit the needs of the business and the specific information that is protected under the contract. A basic non-disclosure agreement should include the following information:

  • Party Identities. Both parties to the agreement should be named and the agreement must identify which party is disclosing information and which party is bound by confidentiality. If it is a mutual non-disclosure agreement, this should be stated.
  • Definition of Confidential Information. The non-disclosure agreement should include a clear list of the information that is protected by the agreement. To be legally enforceable, the non-disclosure agreement should be very specific. Rather than using a vague term like “proprietary information” the contract should cover specific details of the information covered. Each party needs to fully understand what information cannot be shared.
  • Obligations. Under a non-disclosure agreement, both parties will have obligations they must abide by to keep the information secure.
  • Exclusions from Confidentiality. Some company information is public knowledge or was previously shared by the parties. Any exclusions to the confidential information should be listed.
  • Consequences and Remedies. If either party breaches this agreement, they can expect that they will face consequences which could include payment for damages or litigation.
  • Time Frame. Most non-disclosure agreements have an expiration date or include the number of years that sensitive information must be kept confidential.
  • Return of Information. If a non-disclosure agreement involves any documents or technology, the agreement may require that this information is returned when the party’s business together is completed.

If you aren’t sure what your non-disclosure agreement should include, it is best to consult with an experienced attorney. Attorneys who specialize in non-disclosure agreements will know exactly what your contract should include based on your business and the type of information you would like to protect.

Types of Non-Disclosure Agreements

The two types of non-disclosure agreements are unilateral non-disclosure agreements and mutual non-disclosure agreements.

  1. Unilateral non-disclosure agreements are non-disclosure agreements that only protect the confidential information of one party. One common example is an employee non-disclosure agreement. In this contract, the employer is the protected party and the employee is agreeing to keep any sensitive information confidential.
  2. Mutual non-disclosure agreements protect the confidentiality of both parties. Mutual non-disclosure agreements are used during mergers and acquisitions. It is common to need to look into the financial information or other sensitive documents of each company before coming to an agreement. If the agreement falls through, both companies are protected from having their sensitive information disclosed to third parties.

Are Non-Disclosure Agreements Enforceable?

When drafted correctly, non-disclosure agreements are legally binding and enforceable. If the signing party breaches this contract, the disclosing party can file a lawsuit to recover any damages suffered due to the breach of contract.

In most cases of a breached non-disclosure agreement, the court will issue an injunction that prohibits the party from continuing to disclose sensitive information against the non-disclosure agreement.

Once the harmful actions have ceased, the court can assess the damages that the disclosing party has suffered because of the breach of the non-disclosure agreement.

A knowledgeable attorney can help draft a non-disclosure agreement that is specific and legally binding so your company will be protected from damages in the event of a breach of non-disclosure agreement case.

Meet some lawyers on our platform

Elbert T.

1 project on CC
View Profile

Brad H.

8 projects on CC
View Profile

Gregory B.

52 projects on CC
View Profile

Max M.

105 projects on CC
View Profile

Examples of Non-Disclosure Agreement Projects

Non-Disclosure Agreement Drafting Service

Non-disclosure agreements are essential documents for any company that needs to protect sensitive information like trade secrets, client lists, or intellectual property. It is recommended that a company hires an attorney to draft this crucial contract.

If you hire a lawyer to draft your non-disclosure agreement, you will meet with the lawyer to discuss your business needs and what you need to protect. The lawyer will then draft a custom non-disclosure agreement that you can use with your clients, employees, or business partners.

Non-Disclosure Agreement Review Service

Non-disclosure agreement templates can be found online, and it is possible to draft your own agreement. If you choose to go this route, it is still recommended that you hire a lawyer to review your non-disclosure agreement before putting it into use.

Depending on your jurisdiction, the requirements for non-disclosure agreements may vary. Your online template may not include all necessary information which could result in your non-disclosure agreement being overruled in court if there is a dispute. A knowledgeable attorney can read over and edit your existing agreement to ensure it is legally binding and is best suited to protect your business.

Drafting Non-Disclosure Agreement Costs

Hiring a lawyer to draft a non-disclosure agreement will come with costs. The lawyer will charge for any time spent working on the agreement which can include consultations and revisions.

ContractsCounsel’s marketplace data shows the average non-disclosure agreement drafting costs are $325 across all states and industries.

Non-Disclosure Agreement Review Costs

Review services will also incur legal fees because the lawyer will use their time and legal expertise to ensure your non-disclosure agreement abides by all state and local laws and will be enforceable if necessary.

According to ContractsCounsel’s marketplace data the average non-disclosure agreement review costs are $285 across all states and industries.

How Do Lawyers Charge for Non-Disclosure Agreements?

Hourly Rates for Non-Disclosure Agreements

When a lawyer uses an hourly rate fee agreement, they bill their client for the number of hours a case or project takes at a set hourly rate. The hourly rate should be communicated to the client before any work is done. The lawyer can also bill for any work done by their employees like paralegals or office staff.

ContractsCounsel’s marketplace data shows the average hourly rate for a non-disclosure agreement lawyer ranges from $200 - $350 per hour.

Flat Fee Rates for Non-Disclosure Agreements

When using a flat fee rate structure, the lawyer will assess the task then provide the client with a flat fee to complete the job. Clients tend to like this fee arrangement because they know exactly what they need to budget for legal fees.

ContractsCounsel's marketplace data shows that the average flat fee rate for a non-disclosure agreement is $285.

Get Help with a Non-Disclosure Agreement Project

Do you need help with a non-disclosure agreement? 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

Jeff C. on ContractsCounsel
View Jeff
Member Since:
August 1, 2020

Jeff C.

Outside General Counsel / Business Attorney
Free Consultation
Get Free Proposal
Colorado
35 Yrs Experience
Licensed in CO, OR
University of Oregon

Experienced and broad based corporate/business attorney and Outside General Counsel (OGC), for start-ups, small businesses and growing companies of all sizes, advising and assisting clients with corporate and LLC formation, contracts and agreements, internet and terms of use/service agreements, trademarks and intellectual property protection, the purchase and sale of businesses (M&A), labor and employment matters, compliance and risk management, corporate governance, and commercial leasing matters. See other reviews on my website at www.ogcservices.net/reviews

Christopher J. on ContractsCounsel
View Christopher
Member Since:
August 4, 2020

Christopher J.

Attorney and Counselor at Law
Free Consultation
Get Free Proposal
Ann Arbor, MI
23 Yrs Experience
Licensed in MI
Detroit College of Law at Michigan State University

Experienced attorney focusing on estate planning, probate administration, business formation and counseling, and consumer bankruptcy.

Paul S. on ContractsCounsel
View Paul
Member Since:
August 4, 2020

Paul S.

CEO
Free Consultation
Get Free Proposal
Cincinnati, OH
36 Yrs Experience
Licensed in CA, OH
Boston University

I focus my practice on startups and small to mid-size businesses, because they have unique needs that mid-size and large law firms aren't well-equipped to service. In addition to practicing law, I have started and run other businesses, and have an MBA in marketing from Indiana University. I combine my business experience with my legal expertise, to provide practical advice to my clients. I am licensed in Ohio and California, and I leverage the latest in technology to provide top quality legal services to a nationwide client-base. This enables me to serve my clients in a cost-effective manner that doesn't skimp on personal service.

Matthew S. on ContractsCounsel
View Matthew
Member Since:
August 5, 2020

Matthew S.

Attorney
Free Consultation
Get Free Proposal
Flemington, NJ
38 Yrs Experience
Licensed in NJ, NY
Benjamin N. Cardozo School of Law (Yeshiva University)

I am a 1984 graduate of the Benjamin N Cardozo School of Law (Yeshiva University) and have been licensed in New Jersey for over 35 years. I have extensive experience in negotiating real estate, business contracts, and loan agreements. Depending on your needs I can work remotely or face-to-face. I offer prompt and courteous service and can tailor a contract and process to meet your needs.

Tim E. on ContractsCounsel
View Tim
Member Since:
August 12, 2020

Tim E.

Founding Member/Attorney
Free Consultation
Get Free Proposal
Cleveland, OH
8 Yrs Experience
Licensed in OH
Cleveland-Marshall College of Law

Tim advises small businesses, entrepreneurs, and start-ups on a wide range of legal matters. He has experience with company formation and restructuring, capital and equity planning, tax planning and tax controversy, contract drafting, and employment law issues. His clients range from side gig sole proprietors to companies recognized by Inc. magazine.

Curt L. on ContractsCounsel
View Curt
Member Since:
August 13, 2020

Curt L.

Business Attorney
Free Consultation
Get Free Proposal
Houston, TX
32 Yrs Experience
Licensed in TX
South Texas College of Law Houston

For over thirty (30) years, Mr. Langley has developed a diverse general business and commercial litigation practice advising clients on day-to-day business and legal matters, as well as handling lawsuits and arbitrations across Texas and in various other states across the country. Mr. Langley has handled commercial matters including employment law, commercial collections, real estate matters, energy litigation, construction, general litigation, arbitrations, defamation actions, misappropriation of trade secrets, usury, consumer credit, commercial credit, lender liability, accounting malpractice, legal malpractice, and appellate practice in state and federal courts. (Online bio at www.curtmlangley.com).

Jaren J. on ContractsCounsel
View Jaren
Member Since:
August 14, 2020

Jaren J.

Attorney
Free Consultation
Get Free Proposal
Minnesota
23 Yrs Experience
Licensed in MN
University of South Dakota School of Law

Real Estate and Business lawyer.

Davis S. on ContractsCounsel
View Davis
Member Since:
August 16, 2020

Davis S.

Founder
Free Consultation
Get Free Proposal
Minneapolis, MN
19 Yrs Experience
Licensed in MN
Mitchell Hamline School of Law

Davis founded DLO in 2010 after nearly a decade of practicing in the corporate department of a larger law firm. Armed with this experience and knowledge of legal solutions used by large entities, Davis set out to bring the same level of service to smaller organizations and individuals. The mission was three-fold: provide top-notch legal work, charge fair prices for it, and never stop evolving to meet the changing needs of clients. Ten years and more than 1000 clients later, Davis is proud of the assistance DLO provides for companies large and small, and the expanding service they now offer for individuals and families.

Braden P. on ContractsCounsel
View Braden
Member Since:
August 18, 2020

Braden P.

Partner
Free Consultation
Get Free Proposal
Kansas City, MO
20 Yrs Experience
Licensed in KS, MO
University of Kansas School of Law

Braden Perry is a corporate governance, regulatory and government investigations attorney with Kennyhertz Perry, LLC. Mr. Perry has the unique tripartite experience of a white-collar criminal defense and government compliance, investigations, and litigation attorney at a national law firm; a senior enforcement attorney at a federal regulatory agency; and the Chief Compliance Officer/Chief Regulatory Attorney of a global financial institution. Mr. Perry has extensive experience advising clients in federal inquiries and investigations, particularly in enforcement matters involving technological issues. He couples his technical knowledge and experience defending clients in front of federal agencies with a broad-based understanding of compliance from an institutional and regulatory perspective.

William F. on ContractsCounsel
View William
Member Since:
August 19, 2020

William F.

Attorney
Free Consultation
Get Free Proposal
Denver, CO
16 Yrs Experience
Licensed in CO
University of Wyoming

William L Foster has been practicing law since 2006 as an attorney associate for a large litigation firm in Denver, Colorado. His experience includes drafting business contracts, organizational filings, and settlement agreements.

Terence B. on ContractsCounsel
View Terence
Member Since:
August 23, 2020

Terence B.

Partner
Free Consultation
Get Free Proposal
Orlando, FL and New York, NY
11 Yrs Experience
Licensed in FL, NY
Georgetown University Law Center

Terry Brennan is an experienced corporate, intellectual property and emerging company transactions attorney who has been a partner at two national Wall Street law firms and a trusted corporate counsel. He focuses on providing practical, cost-efficient and creative legal advice to entrepreneurs, established enterprises and investors for business, corporate finance, intellectual property and technology transactions. As a partner at prominent law firms, Terry's work centered around financing, mergers and acquisitions, joint ventures, securities transactions, outsourcing and structuring of business entities to protect, license, finance and commercialize technology, manufacturing, digital media, intellectual property, entertainment and financial assets. As the General Counsel of IBAX Healthcare Systems, Terry was responsible for all legal and related business matters including health information systems licensing agreements, merger and acquisitions, product development and regulatory issues, contract administration, and litigation. Terry is a graduate of the Georgetown University Law Center, where he was an Editor of the law review. He is active in a number of economic development, entrepreneurial accelerators, veterans and civic organizations in Florida and New York.

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