Protect The Company's Competitive Advantage with Non-Compete Agreements

Articles / Publications

Presumably, the company's direct competitor will now reap the benefit of the many hours and significant financial commitment the business expended. According to Peter C. Vilmos, a partner at Burr & Forman LLP, the company might ask: "What can I do?" In many circumstances, the company best business move is to protect the core businesses' interests with a carefully crafted non-competition agreement. In the real world, employees leave for new positions every day. They pursue opportunities at other companies. They perceive opportunities to start companies of their own. They move on.

Some states also require that the courts interpret non- competition agreements in favor of the employee in circumstances when the agreement is vague or missing terms. Even when parties are careful to define terms in a non-competition agreement, contracts in many states cannot confine future employment beyond the statutory guidelines, nor are non-competition agreements immune from legal challenges regarding their breadth, their validity or their applicability to particular circumstances.

To download the full article, click here.

Related Professionals

Jump to Page
Arrow icon Top

Contact Us

We use cookies to improve your website experience, provide additional security, and remember you when you return to the website. This website does not respond to "Do Not Track" signals. By clicking "Accept," you agree to our use of cookies. To learn more about how we use cookies, please see our Privacy Policy.

Necessary Cookies

Necessary cookies enable core functionality such as security, network management, and accessibility. These cookies may only be disabled by changing your browser settings, but this may affect how the website functions.

Analytical Cookies

Analytical cookies help us improve our website by collecting and reporting information on its usage. We access and process information from these cookies at an aggregate level.