These days, a lot of businesses are asking employees, especially those in positions that hold proprietary information, such as sales, technology, and product development, to sign non-compete agreements. But what is a non-compete agreement, and is it enforceable?
A non-compete agreement is a contract between two persons or business entities (a company and employee or a person selling/buying a business). The contract essentially says that the employee, or seller of a business, will not open up another business, work for a competitor, or compete ... Read More
Category: Business Law
02
Aug2011
One of the remarkable aspects of law, somewhat unlike medicine where insurance requirements often dictates medical care providers, is the ability to choose your legal counsel of choice. Selecting competent counsel in your legal area is but a starting point.
There are many other variables that might merit consideration. Why? Most often, a legal matter involves an actual present or future potential conflict. This can have profound financial consequences (such as for a business ... Read More
19
May2011
From Wall Street to Main Street, the engine that drives America is small business. Every day, new small businesses are started. Most rightly fail, because they do not have unique services and products delivered in more efficient ways.
At Ciyou & Dixon, P.C., our Indiana business attorneys find that a significant number of the visionaries who do succeed, do so by dogged determination and rapidly adapting to the problems growth presents. Nevertheless, because legal needs are often hard to identify and the “what if” may not ... Read More
03
May2011
Ciyou & Dixon, P.C. attorneys routinely receive questions about contracts. One we receive from our clients and perspective clients is what needs to be in a contract and why. The specifics of any contact are always difficult to determine and hard to draft.
Nevertheless, there are three (3) broad areas every informed person should generally understand to interact with all of the contracts faced in routine daily life. With this it is possible to identify when legal counsel may be necessary in any contractual matter.
The first distinction is between ... Read More