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Thus, [[Confidentiality agreement|NDA]]<nowiki/>s — even for secret-squirrel event-driven [[family office]] types — rarely get past 5 or 6 pages. If you get stuck on one for more than a week, it is bound to be some other problem the business guys don’t want to face, so are blaming on the NDA. | Thus, [[Confidentiality agreement|NDA]]<nowiki/>s — even for secret-squirrel event-driven [[family office]] types — rarely get past 5 or 6 pages. If you get stuck on one for more than a week, it is bound to be some other problem the business guys don’t want to face, so are blaming on the NDA. | ||
There appear to be local maxima and minima at play. An [[NDA]], however important, complicated, and however many fanciful extraneous things you bolt onto it ([[Exclusive licence|exclusivity]], [[non-solicitation]], restraint of trade, punitive damages and so on | There appear to be local maxima and minima at play. An [[NDA]], however important, complicated, and however many fanciful extraneous things you bolt onto it ([[Exclusive licence|exclusivity]], [[non-solicitation]], restraint of trade, punitive damages and so on) may generate aa few thousand pounds in billings, but even that is pushing it beyond all expectation. With a syndicated bond issue, on the other hand, one can write a ticket to the moon. | ||
This is why most [[magic circle law firm]]s do not have “confidentiality” departments as such — everyone muddles along independently — but may devote entire floors to [[Debt securities|debt capital markets]]. | |||
===Worked example=== | ===Worked example=== |