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Is the Biden Administration Eliminating Non-Compete Agreements?

On July 9, 2021, President Biden signed an Executive Order on Promoting Competition in the American Economy.  The EO outlines a need to create a fair, open, and competitive marketplace.  A lot of the areas identified are non-employment related areas such as cable/internet providers and costs, farming, and government contracts.  The EO does, however, contain a paragraph addressing non-compete agreements.  Specifically, the EO states that “the Chair of the FTC is encouraged to consider working with the rest of the Commission to exercise the FTC’s statutory rulemaking authority under the Federal Trade Commission Act to curtail the unfair use of Read more
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Non Compete Attorney Dallas TX

A Non Compete Attorney Is Essential for Businesses of All Sizes

Small businesses might think that they don’t need a non-compete attorney in Dallas TX because the “big guys” are the only ones who have a high number of employees or trade secrets that are valuable enough to require protection. While those are legitimate concerns that make non-compete agreements a necessity for large companies, they are also reasons, though on a smaller scale, for small businesses to have them, too. No matter what size your company is, you should have the protection it needs to ensure business won’t be disrupted if an employee leaves. Employee Quality Over Quantity However many employees Read more
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Non Compete Attorney Dallas TX

Why Your Small Business Needs A Non Compete Attorney in Dallas TX

When you’re a small business owner every dollar makes a difference, which can make the idea of allocating resources to a non-compete attorney in Dallas, Texas seem like a bit of a luxury. Or, you might not feel like you have the level of staff to justify the effort or expense. However, it is worth the effort to protect your intellectual assets from getting into the wrong hands should one of your trusted employees defect to the competition. Here are three great reasons to consider having a non-compete attorney in Dallas, Texas draw up your own small business non-compete agreement. Read more
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Non Compete Attorney Dallas TX

What to Expect from a Non-Compete Attorney for Your Dallas Business

Many employers want employees to sign non-compete agreements promising not to work for a competitor or reveal trade secrets. A non-compete agreement generally covers. The geographic area where the employee is prohibited from working The length of time the employee can’t work with a competitor Types of job positions covered by the agreement A non-compete agreement (Also called “a covenant not to compete”), protects your business from losing employees and information to competitors. For employees that are privy to sensitive business information or trade secrets, a non-compete agreement prevents them from working for a competitor. Protecting Trade Secrets A trade Read more
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Non Compete Lawyer Dallas TX

The Best Time for a Non-Compete Lawyer for You and Your Employees

As a business owner, you don’t want your employees to take your ideas and begin competing with you, or even take your clients. To prevent this, a non-compete agreement is a good idea. When you have employees sign a non-compete agreement is important. The best time is when you hire someone. It is then that you have the opportunity to offer the potential employee the proper consideration for signing it – confidential information, trade secret information or stock. If you have existing employees and want them to sign a non-compete agreement, seek legal counsel as you’ll need to offer the Read more