After losing scores of valuable employees (and trade secrets) to competitors, a growing number of employers is asking, or requiring, employees to sign noncompete agreements.
By signing a noncompete agreement, also known as a “covenant not to compete,” an employee promises not to work for a direct competitor for a specified period of time after he leaves the company. Here’s the lowdown on whether it’s worth asking your employees to sign one, and how to create an agreement that will pass muster with a judge.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]