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Non-compete mistakes employers should consider Illinois businesses commonly require their employees or parties from whom they purchased a business to sign non-compete agreements. The contracts help companies protect trade secrets, client lists, and other critical...
There’s a lot that goes into running a successful business. You probably have some sensitive information about your processes, recipes, designs or clients that would ruin or seriously harm your business if it were to fall into the hands of a competitor. With employee...
Launching and successfully operating a business in the Chicago metro area without clearly drafted contracts presents significant challenges. Business agreements should outline expectations, rights, and duties. Without clear contracts, a company may flounder. Indeed,...
Intellectual property can be a substantial liability. That's because many employees often have access to this information. To ensure their most valuable trade secrets are protected, business owners likely enforced noncompete agreements to keep them this data out of...
A business’ value lies in keeping a competitive edge. Whether you have trade secrets, valuable clients, or both, you don’t want a former employee to let your competitors know why you’re successful. To protect your company, you may have your employees sign noncompete...
