4 ms·

I’m not a lawyer, but I don’t see the point of non-competes. Non-solicitation agreements cover not stealing clients or employees after you leave. Non-disclosur

I’m not a lawyer, but I don’t see the point of non-competes. Non-solicitation agreements cover not stealing clients or employees after you leave. Non-disclosure agreements cover not sharing non-public information. IP assignment agreements cover assignment of all IP created while being employed. Why do non-competes need to exist given the above CYA mechanisms that companies already have? (Edit: the only exception is noted elsewhere in this thread - if you sell your company to another, you shouldn’t be able to turn around and create a competitor right away, but that’s an edge case)

therealdrag0 3y ago
Good question. I worked at a company that tried to get everyone to sign noncompetes after a high level sales person left and stole clients. Not sure if consolidation didn’t cover it or if they didn’t have that, and if not why they went with non compete instead.
caskstrength 3y ago
> I’m not a lawyer, but I don’t see the point of non-competes. The point obviously is to make it much harder for employees to change jobs and consecutively reduce their wages.