By: Editorial Staff, Date: May 28th, 2024
Non-compete agreements protect trade secrets by preventing employees from working for competitors for a specified period after leaving the company. While they can safeguard sensitive information, they also have significant drawbacks. Discover the pros and cons of non-compete agreements in this infographic!
Explore further insights on non-compete agreements at our webcast: How to Navigate Employment Contracts: Understanding the FTC’s Ban on Noncompete Clauses
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Commercial Litigation: Understanding and Calculating Lost Profit Damages
Commercial litigation can be a complex and costly process. Stakes are often high especially when it comes to calculating lost profits. In the battle over lost profit damages, both sides must face the tough challenge of choosing which calculation methodologies, documentation, and expert evidence to use. Defendants will often try to push back, citing credible damages studies that often leave the opposition with little to no significant damages awards.