11 May Considerations for Non-Compete Agreements
Posted at 10:00h in #mattthelawyer, Contracts, Small Business Advice
One aspect of dealing with creative and service-based industries, as I often do, is that many employers have a non-compete agreement for their employees. I understand the desire and sometimes the need for the agreement. But as a class of agreements, non-compete agreements are among the most abused of contracts. The parties’ bargaining positions are inherently unequal, there is little opportunity to change or negotiate the terms, and frankly most, perhaps all, non-competes are not read by the employee before signing. If you have a business that needs non-compete agreements, make sure you have a good one.