Non-Disclosure Agreement Cost

Typical costs:

• It's relatively easy to create a document yourself. Companies such as LawDepot.com[1] and Nolo Press provide online forms that can be adapted to your needs for $8-$50 or more, depending on the level of service/advice provided. Be sure the document meets the requirements in your state.
• If you want a nondisclosure/confidentiality agreement tailored to your specific situation and anticipating potential legal issues, most attorneys charge $100-$300 or more an hour. After meeting with you and hearing the details of your circumstances, a lawyer might quote a flat fee for creating a document, usually anywhere from $100-$1,000. At an hourly rate, a simple, straightforward nondisclosure agreement can be drawn up with one or two hours of legal time, or $100-$600; more complicated situations may require 3-4 hours of legal work for $300-$1,200.
• Having an attorney review a nondisclosure/confidentiality agreement proposed by the other party with suggestions for changes could take an hour or less, or anywhere from $50-$300 or more depending on how much work is involved and your attorney's hourly rate.

• A nondisclosure agreement is either "mutual" -- where both parties are exchanging confidential information -- or one-way, where only one party is disclosing information, such as explaining a secret to a contractor or a potential investorAllBusiness.CBSnews.com discusses when it makes sense to use a nondisclosure agreement.
• The main elements in a typical nondisclosure agreement are the definition of the confidential information, any exclusions to that confidential information (such as knowledge the employee already has before joining the company), the obligations of the person receiving the confidential information and any time periods involved (such as five years after quitting the company). Nolo Press provides an overview of nondisclosure agreements.

• If your lawyer negotiates for you, it might take more time and cost more. A negotiation that could take you about 15 minutes in direct conversation with the other party might require an hour of your attorney's time.

• Some people cut costs and still get legal guidance by using a free sample nondisclosure agreement to create a document, then have an attorney review it. This works only if you start with a valid sample contract.

• In business law, attorneys who handle legal disputes are litigators while those who handle contracts, securities and other business matters are transactional lawyers. An Illinois attorney provides tips for selecting[2] a business lawyer.
• Often nondisclosure agreements are handled by intellectual property attorneys. Referrals to intellectual property attorneys are available from Lawyers.com[3] and FindLaw.com[4] .
• Your attorney should provide you with a written fee agreement; be sure you understand what is or is not included, and all potential costs.

1.  www.lawdepot.com/contracts/confid/?
2.  www.illinoisbusinessattorney.com/articles/selecting_business_attorney.html
3.  intellectual-property.lawyers.com/trade-secrets/
4.  lawyers.findlaw.com/lawyer/practice/Intellectual-Property-Law

Check Out All Costs for Small Business		How Much Does Office Cleaning Cost?		How Much Does an Event Photographer Cost?		How Much Does a Security Guard Cost?

Today's Featured Cost Articles

Change the batteries on the smoke alarm the same time you set the clocks back for Daylight Savings. After eating all that candy, is it time to see your dentist? Repair leaks before the rain starts pouring. It's a good idea to have the furnace checked in the fall, before you need it. Fall begins Monday, September 23. How about backpacking?

About CostHelper

CostHelper is based in Silicon Valley and provides consumers with unbiased price information about thousands of goods and services. Our writers are experienced journalists who adhere to our strict editorial ethics policy.

CostHelper Community

Apadravya Paid: 95.00 $95 + tipFreehand piercing... [more] -E M Body Piercings Cost What Insurance Companies Pay... Pt2 Paid: 10.00 Another useful tool - https://www.dhcs.ca.gov/provgovpart/Pages/DRG-Pricing-Resources-for-SFY-2021-22.aspxThis is the pricing calculator for getting the Medicaid California reimbursement rate for the ENTIRE COST of inpatient admissions... [more] -lmx Blood Tests Cost What Insurance Companies Pay... Paid: 10.00 I started working at a medicare advantage a couple of years ago, and our contracted rate for most blood tests are $5-10 a piece... [more] -lmx Blood Tests Cost $0 Co-Pay on the shots Paid: 0.00 Kaiser set up the allergy shots as “injections” in their system so I don’t have to pay a co-pay when I go for my weekly shot (administered by a nurse)... [more] -Bean Allergy Shots Cost Declawing Paid: 0.00 I have had several cats. I’m 65 years old. I have declawed every single one of them. They lived happy, healthy lives. Most passed away or cancer. All my cats were never hungry, mistreated nor were they left alone... [more] -Lucinda Britton Cat Declawing Cost Cold Water Reroute Paid: 2725.00 Price is supposed to cover anything they need to do to reroute the water line... [more] -txpickett Slab Leak Cost