I am an independent consultant with knowledge and expertise in specific industries. I have been approached by a recognized investment firm to enter into a fee-based agreement to provide this expertise and knowledge to assist them in making investment decisions. The agreement states that I will not provide any confidential information that I have possess in the course of this service.
Is this a legal and generally accepted (ethical) practice? Assuming I do not provide privledged information, are there any legal or conflict of interest concerns in doing this?
1 Answer from Attorneys
You need to clarify question - not enough facts (i.e., what does "not provide any confidential information I have possess" - what do you mean -- provide to whom, when obtained, what has it to do with contract, etc) Consult with an attorney BEFORE you sign anything - a few hundreds dollars now will surely save you thousands (and a bif headache) later
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