Restrictive covenants can put a stop to employees leaving your business and taking clients and information with them.
Verisona Law specialises in drafting of restrictive covenants for businesses. A contractual agreement can help to reduce the risk of employees damaging you financially or in other ways when they leave.
Why are restrictive covenants important?
Your business can be put at serious risk when key employees leave. A long-standing, senior staff member will have substantial knowledge of your business, including potential and current clients, employees and suppliers. If your restrictive covenants are not enforceable or you have no restrictive covenants in place, you will have little or no control over them once they leave.
Restrictive covenants give you the opportunity to prevent former employees from pursuing your clients or staff when working for another business or themselves.
Having this contractual agreement in place is vital if the employee leaving the business has access to or knowledge of the following:
- Trade secrets
- Confidential information
- Other staff members
- Existing/prospective clients
- Intellectual property
When drafting and reviewing your restrictive covenants, we make sure that consideration is given to every matter that could have a direct impact on your business, providing you with a contractual agreement that is bespoke to your situation.
Legal advice on restrictive covenants
Verisona Law offers expert employment law advice and support for many different issues related to restrictive covenants.
Our services include:
- Drafting restrictive covenants
- Reviewing existing terms
- Representing you throughout covenant disputes
- Enforcing contractual agreements in high court proceedings
It is a common misconception that restrictive covenants are not worth the paper they are written on. Expertly drafted contractual agreements are frequently imposed and regularly enforced.
If you would like to review an existing agreement or draft up a restrictive covenant policy tailored to your business, contact our employment law team on 02392 98 100 or email firstname.lastname@example.org for a free initial consultation from a legal specialist.