This step-by-step guide will help you understand the key components of an NDA, generate a basic template, and refine it to ensure it meets your specific requirements.
Key Objectives:
- Defining the main clauses
- Generate an initial draft of the NDA.
- Fine-tune and personalize the NDA to match the peculiarities of your business.
- Review the final document and seek legal consultation to ensure its effectiveness.
Defining the main clauses of the NDA
In this part, you will define the main clauses that will be included in your NDA.
This step ensures that the AI understands the specific requirements and key elements necessary for your agreement.
Prompt:
I need to define the main clauses for a Non-Disclosure Agreement (NDA) for my business. An NDA typically includes clauses such as definitions of confidential information, obligations of the parties, exclusions from confidentiality, terms, and enforcement. Here is some information about my business: [Describe your business, industry, and any specific confidentiality concerns]. Can you help me outline these main clauses?

Using the following prompt will make ChatGPT add specific clauses that it may have missed:
Do you think there are specific clauses that should be added?

In general, and since as we can see ChatGPT can “forget” to mention certain elements, calling on a “human” legal advisor is extremely important.
Drafting the NDA
In this part, we will work with the AI to generate an initial draft of the NDA. You will specify the essential clauses and ensure the document covers all necessary aspects.
Prompt:
Using the information provided earlier, can you generate a basic NDA template? Make sure to include the key components such as definitions, confidentiality obligations, exclusions, terms, and enforcement.

Sub-Prompt 1: Defining Confidential Information
Draft a section that defines what constitutes confidential information in our business case.

Sub-Prompt 2: Specifying Obligations and Duration
Write a section that outlines the obligations of the parties and the duration of the confidentiality agreement. Before writing the section, share some typical durations and the implications of each length. Once I determine the appropriate length, I will ask you to finish writing the section.

Fine-Tuning and Personalizing the NDA
This part focuses on customizing the NDA to fit the peculiarities of your business. You will provide additional details and make necessary revisions to ensure the document is perfectly tailored to your needs.
Prompt:
Let's fine-tune the NDA we created. Using the additional details about my business operations and unique aspects provided earlier, can you incorporate these into the NDA and make any necessary adjustments for clarity and coherence?

Sub-Prompt: Ensuring Legal Compliance
Adjust the NDA to ensure compliance with the specific legal requirements in [jurisdiction].

Final Review
The final part emphasizes the importance of a thorough review and legal consultation. This step ensures the NDA is legally sound and effective.
Prompt:
Create a checklist of discussion points to review with the other party before signing the NDA.

Sub-Prompt: Maintaining Records and Enforcing Terms
Outline a process for maintaining records of NDAs and steps to enforce the agreement in case of a breach.

Finally, because AI isn't human and can make big mistakes, it's important that you check this NDA together with a lawyer to make sure it's compliant.