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Pros & Cons Of Non-Compete Agreements

YoungUpstarts

Non-compete agreements can be an effective tool to protect these assets. Courts are often resistant to enforcing non-compete agreements.

The Case Against Non-Compete Agreements

Fresh Inc.: The Staff Blog

Thus you require employees to sign non-compete agreements so you can protect your trade secrets and your talent pool. Here''s why.

It's All About Talent (part 2) - Eliminating Non-Competes

Seeing Both Sides

For the last few years, many leaders in the Massachusetts innovation community have been arguing that non-compete agreements should be eliminated.

Competing Against Non-Competes

Fresh Inc.: The Staff Blog

5000 CEO says it''s time for non-compete clauses to go. What Are Non-Competes? One Inc. Jeremy Hitchcock is the CEO of Inc.

MA: Lets Nix The Non-Compete Here So We Can Compete Better Everywhere

OnStartups

The Boston Globe reported this morning that Governor Deval Patrick will propose today a sweeping legislation to make it easier for workers in technology, life sciences, and other industries to move from job to job by banning the non-compete agreements companies use to prevent employees from jumping to rivals. Help spread the word.

Primary Problems with Enforcing Non-Compete Agreements

YoungUpstarts

Businesses often require employees to sign non-compete agreements to protect their business interests. Non-Compete Time Period.

Does You Really Need a Non-Compete?

Fresh Inc.: The Staff Blog

Up this week: How to handle an employee who won't agree to a non-compete. So a non-compete makes sense. I’m not.

Non-Compete Agreements: Bad for Business?

Fresh Inc.: The Staff Blog

Non-compete agreements are unfair to the employee, harmful to startups, and unnecessary to protect intellectual property," he says.

Signing a Noncompete Agreement? Read This First

Fresh Inc.: The Staff Blog

38 percent of workers--from executives to wage staff--have been asked to sign a non-compete agreement.

How to Protect Your Top Talent Against Poaching

Fresh Inc.: The Staff Blog

The age of non-compete agreements is coming to an end. Here are better ways to make sure you don't lose top employees

Georgia Non-Compete Vote Impact

Force of Good: a blog by Lance Weatherby

Given the wording of Georgia amendment one there was never any question in my mind that it would pass. When I do something I like to measure. Google.

Watch out for the gray areas in non-competes.

Berkonomics

Certainly the buyer’s asset purchase documents included a non-compete clause, usually valid for two years from the date of the closing. Separate confidentiality from non-compete, and obey the confidentiality clauses. The non-compete agreement does expire when stated. Email readers, continue here.]

Help Ban Non-Competes In Massachusetts

Altgate

Jimmy John’s Serves Up a Lesson on How Not to Treat Your Employees

Fresh Inc.: The Staff Blog

Have you ever considered that the person who made your sandwich is bound by a non-compete clause that''s stricter than your senior vice president''s clause

Georgia Non Compete Act Faces First Constitutional Challenge

Force of Good: a blog by Lance Weatherby

While MMM makes it clear that the alert is not legal advice it is also clear they feel companies need to wait before creating new more restrictive non-compete agreements. Not too long ago John Yates and Morris, Manning & Martin launched MMM Tech Law. The group is a who's who of the Atlanta tech scene.

18th Centurey British Textile Industry and Non-Competes

Immersive Web

Immersive Web Home About 18th Centurey British Textile Industry and Non-Competes In another chapter of “There is Nothing New Under the Sun”, we find a close comparison between the attempt to control information for economic superiority and the economic impact of free flowing information. 2 outs and. Sidewalks or software?

What about previous company non-competes?

Berkonomics

What is the rule about those pesky non-compete agreements signed upon discharge or sale of the previous company? Entrepreneurs tend to remain in the business arena they came from. Some are alumni from companies that would be a competitor to the enterprise being created or joined. Further, there is no expiration on these documents.

Protect Your Startup From The 5 Most Common Employment Law Risks

Early Growth Financial Services

Restrictive covenants — Employers often use non compete and non solicitation clauses to retain employees. While non competes are not … Continue reading → Legal Why worry about employment law risks when you have enough things to focus on: building your team, getting traction, and lining up funding?

Ethics and Morals

A VC : Venture Capital and Technology

There was no NDA or non-compete between the parties involved so it is not clear that anything illegal transpired here. At the end of the Berlin talk I posted yesterday, there was a question about ethics. It was directed at startups and how they build a culture of ethical behavior. It is an issue for all businesses and business people.

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Thoughts on Winner-Take-All Businesses

Startup Economy

Though his blog makes a case for why you need to be in Silicon Valley, that got me think about the non-compete agreement prevalent in MA. With the non-compete in place, employees can oly jump over ship to unrelated industry and are forced to forego the relevant experience built over time. So the real question is.

Protecting Your Business Idea

YoungUpstarts

Non-compete Agreements Before and After Hiring. But it is hard to develop any kind of viable business alone. Protect Your Rights.

Key Contracts Every Business Must Use

YoungUpstarts

These agreements will also contain non-disclosure provisions which protects the business’s information shared with these providers. Employees.

10 Steps To Finding The Right Startup Co-Founder

Startup Professionals Musings

Use caution to avoid employer conflicts of interest and non-compete clauses. Two heads are always better than one in a startup.

7 Shortcuts That Can Kill A Startup Business

Startup Professionals Musings

Clarify up front the potential for a conflict of interest or violation of a non-compete clause, and confirm the answer in writing.

Five Legal Pitfalls That Sink Many Good Startups

Startup Professionals Musings

Founders ignore non-compete clauses from former employers. Taking money from unknown or non-professional investors.

Tough Competitors Are Your Best Strategic Partners

Startup Professionals Musings

Every startup has a core competency which should not be shared. Expand core competency and solidify strengths. Think about the future.

5 Startup Legal Shortcuts That Can Be Expensive

Startup Professionals Musings

Founders ignore non-compete clauses from former employers. Taking money from unknown or non-professional investors.

Five Legal Traps Every Entrepreneur Should Avoid

Startup Professionals Musings

Founders ignore non-compete clauses from former employers. This oversight can lead to the so-called “forgotten founder” problem.

When is a Startup Non-Disclosure Really Required?

Startup Professionals Musings

I recommend a mutual non-disclosure, with a non-compete clause, for protection in both directions. Who is right? Trade secrets.

4 Things You Need to Know Today

Fresh Inc.: The Staff Blog

Goodbye, Non-competes? Massachusetts Governor Deval Patrick proposed legislation to eliminate non-compete agreements in his state.

10 Effective Offline Marketing Ideas for Startups in 2015

Up and Running

Create strategic partnerships with non-competing businesses in your area. Billboards: definitely offline. Go big with billboards.

What Do You Do When a Former Key Employee Becomes a Competitor?

Small Business Force

And, because you were just starting out and the thought of a non-compete agreement was probably not even on your radar. What do you do?

7 Ways That Startup Competitors Can Win By Partnering

Startup Professionals Musings

Every startup has a core competency which should not be shared. Expand core competency and solidify strengths. Think about the future.

What Start-Ups Need To Know About Employment Law

YoungUpstarts

Another potential issue is the misclassification of an employee as “exempt” or “non-exempt” with respect to the requirement for overtime pay.

14 Legal Tips for Starting Up

Fresh Inc.: The Staff Blog

Be sure to you have well-written offer letters with non-competes, mutual agreement to arbitrate clauses, and other protective addendums.

Startups Need Mergers And Acquisitions For Growth

Startup Professionals Musings

Use external sourcing to fill in the non-critical gaps. Don’t use alliances for core competencies. The real challenge here is balance.

For a Startup, Two Heads are Always Better Than One

Gust

Watch out for non-compete clauses, and conflicts of interest with the current employer. Start the search with business networking.

After You Sell, What's Next?

Fresh Inc.: The Staff Blog

Will a non-compete clause threaten your ability to make a living after you exit the business? So far so good, right? Maybe not.

5 Excuses Costing You Time & Money

Fresh Inc.: The Staff Blog

Letting go of an employee is one of the hardest things a manager can do. But there's no use making excuses. Alright then, stop making excuses!

Cost 36

Don’t Ask Known Investors to Sign Non-Disclosures

Startup Professionals Musings

I recommend a mutual non-disclosure, with a non-compete clause, for protection in both directions. Who is right? Trade secrets.