Understanding Noncompete Agreements
Employers often seek to limit their employees’ ability to pursue future opportunities after they leave their employment. This is typically done through an agreement not to compete. However, the law favors free competition and many covenants not to compete are not legally enforceable. Before signing an agreement not to compete, it is important to understand the legal ramifications. Similarly, if you have already signed an agreement not to compete but are now seeking to grow your career with a new employer or start your own business, you may have several options available to you.
Too many employees sign these agreements without understanding the consequences. A small investment in legal advice beforehand is a wise use of resources that could later prevent significant legal problems.
The experienced attorneys at Thatcher Law Firm review all employment agreements and contracts.
We Review Covenants Not To Compete In Maryland, Virginia, and D.C.