Standard Agreements can Protect Your Business and Your Valuable Employees

When we look around our businesses most of us can quickly identify a handful of employees we consider superstars. As a planning exercise identify your superstars and ask yourself the following questions: 1. If any of them left could someone else do their job? 2. If one of them left could you survive the loss of income associated with the departure? 3. If one of them left and started to compete with you or solicit your customers or employees would it hurt your business?

There are many relatively easy and cost effective ways to address these risks including life insurance and employment agreements with standard post employment restrictions on competition, solicitation of customers, raiding of employees and use or disclosure of intellectual property including customer lists. Our attorneys have a great deal of experience with these matters and are happy to respond to related inquiries.

If you have any questions about this topic, please contact Mark Jensen at jensen@bowie-jensen.com or Nicole Windsor at windsor@bowie-jensen.com.