Minimizing Risk: Enforcing and Avoiding Noncompetes and Other Restrictive CovenantsPDF
While “Moving On Up” may be easy, to “Let It Go! Let It Go!” can be difficult. Customer relationships are vital in a service-based economy, and the confidential information about those relationships is a valuable company asset. At the same time, it is an employee-friendly market. Companies are eager to find and retain talented employees, and people are changing jobs frequently. This environment poses a risk to employers who may see their talent, customers, confidential information and other trade secrets walk out the door when an employee leaves. It may also pose a risk when a company wants to hire an employee from a competitor.
Robinson Bradshaw attorneys Doug Jarrell, Charles Johnson and Amanda Nitto explored the recent uptick in the number of North Carolina decisions involving non-competition, non-solicitation and non-disclosure agreements. They also provided practice pointers and drafting considerations on how to protect your company’s treasured assets so you do not simply “Let It Go!”