If your business provides services to clients or hires service providers on an ongoing basis, a Master Services Agreement (“MSA”) can be a valuable tool for managing your business relationships. In this article, we will outline 7 key provisions that should be included in an MSA to ensure a successful and mutually beneficial business relationship.

Non-disclosure agreements (“NDAs”) are important contracts that businesses use to protect their confidential information when sharing it with another party.  When both parties are sharing confidential information, a mutual NDA is used. 

A mutual NDA outlines the confidential information that will be shared between both parties, the limited purpose for which the information will be used and the terms and conditions under which the information will be shared.

Parsus has been a trusted partner for In-House Counsels across many industries for over 15 years. Our expertise lies in supporting overflow contract work and legal documentation for busy In-House Counsel teams. Over the years, we’ve gained valuable insights into what makes a successful relationship between In-House and outside counsel. Here’s a glimpse of our learnings, and what you can look for to create a successful relationship with your outside counsel.