Thursday, May 22, 2008

Employment Law: The Dangers of Non-Compete Agreements

Unlike Virginia Non-Compete Law Blog, I represent both employees and employers in regards to non-compete agreements. I emphatically agree with my Virginia colleague on the following:
1. Do not sign a noncompete contract without first discussing with a knowledgeable attorney the impact the agreement can have on your and your family's future.

2. If you have already signed the agreement and are contemplating changing jobs to go with a potential competitor of your present employer, better have a chat with that same lawyer!
Read their post, The NonCompete Quandary, regardless of your location. Read the article on which is based, too.

For the Hoosiers reading the article, I would say there are some important differences in the law (which you can read more of by clicking the link below next to "Labels") which make no difference in connection with its themes: be careful of what you sign and do not sign without consulting a lawyer.

I would add one comment to employers, be careful where you get your non-compete agreements. I am seeing many downloaded from the Internet without editing for our local, Indiana law. Our law views non-compete agreements as a necessary evil that will be permitted only in narrow circumstances (which you can read more of by clicking the link below next to "Labels"). Used willy-nilly without concern to the facts of the situation only debases their proper uses.

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