Legally Sound | Smart Business

When it comes to Restrictive Covenants, employers are fighting to keep their company safe while employees may use them to their advantage. Keep listening to find out if the Employer or the Employee wins this battle. Round 1: Trade Secrets A company's trade secrets encompass a whole range of information and are one of the most valuable assets that a company can own and protect. Trade secrets are a vulnerable form of intellectual capital, so there is a big risk for the employers. https://www.youtube.com/embed/nOmEKmdArto Round 2: Non-Competes Non-Competes are not legal in all states, but in those where they are, they can be a significant advantage for employers. Employees, on the other hand, in the states that are legal may find it difficult to find a new job. https://www.youtube.com/embed/9JkCS5RJE1w Round 3: Non-Solicitation of Clients, Suppliers & Vendors Good employees are hard to come by and employers who have them want to keep them. Non-solicitation agreements protect you from