Creating And Enforcing Effective Noncompete Agreements
Starting a business is an exciting endeavor. You hope to find the right employees and build a thriving company. To that end, you require new hires to enter a noncompete agreement — ensuring that your businesses proprietary information is unavailable to competitors.
At the Law Office of Stephen A. Martin, we have more than 25 years of experience drafting, enforcing and litigating noncompete agreements.
Call 636-487-4097 to discuss how we can help with your particular situation. Based in St. Charles, we serve clients throughout the St. Louis metro area.
How Should Your Agreement Be Drafted?
Most employees have no intention of taking trade secrets, moving to another company and putting you out of business. Many, if not all, just want to work in their chosen fields. Is there a compromise that can be met when drafting noncompete agreements?
Careful drafting of noncompete agreements can help to eliminate confusion. A clear understanding between employer and employee, and contracts based on fair guidelines determined by the courts can reduce or even eliminate litigation when an employee moves to another company.
Whether you own a business or you work for one, it is helpful to know that the courts have determined that noncompete agreements must be beneficial to each party. Though it is tempting to draft your own noncompete agreement, if you are unaware of the law, you could find your agreement nullified.
Similarly, if you are an employee, signing a noncompete agreement without fully understanding it could result in unforeseen and unpleasant circumstances.
Get Advice From Trusted Legal Counsel
If you are drafting or signing a noncompete agreement, you are well-advised to seek legal counsel so that your rights are protected. If you live in the St. Charles area, contact us for an initial consultation with an experienced Missouri lawyer.