WBJ Talk Back: May 12, 2014
MORE ABOUT 'NON COMPETES'
After Gov. Deval Patrick announced plans to file legislation that would do away with non-competition agreements, it generated a lively discussion on our LinkedIn page. Non-compete clauses are a much-derided piece of employment agreements that, in many cases, have failed to pass legal muster. Here are a few perspectives:
They are useless. LinkedIn group member Jim Pond
While non-competes may be difficult to enforce, they are an integral part of the merger-and-acquisition process. Imagine buying a company for hundreds of thousands or millions (of dollars), only to find out the seller has been soliciting your client and customer list that you just paid for ...
LinkedIn group member Christopher R. George
I personally know a situation where a housekeeper who was working through an agency and left to go out on her own found out that she had unknowingly signed … a two-year non-compete, so that she couldn't even legally work for those clients who ... wanted her to stay on with them.
LinkedIn group member Marcia Nita Doron
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