How much merit do non-compete agreements hold? Can I just go to a competing company and not update my LinkedIn?
>>1241773
pls respond
Depends on the contract, how you leave the company, and where you go to work after.
I've heard that the courts don't favor them very much and they are mostly used to stop competing companies from stealing employees
You should get a lawyer and let him read it and explain your situation instead of a Tibetan illumination hentai skype group
Depends where you live. Non-competes are illegal in California for instance.
>>1241812
>they are mostly used to stop competing companies from stealing employees
This.
That's really what they're mostly used for and courts will enforce them in that regard.
>>1241812
>>1241821
My agreement is very broad. It says that I cannot compete with any of the businesses that the parent company owns (ranging from casinos to fast food restaurants). My next job would compete with one of those businesses, but I'd be taking no competitive knowledge with me. Does that still violate the non-compete? I feel like I couldn't hurt my current business in any way by taking this job. It is a considerable raise (+16k) too.
>>1241834
Almost no chance it's enforceable if it's that broad.
>>1241834
Time limitation?
>>1241847
Not your lawyer but rarely would a company large enough to have subsidiaries have employees sign unenforceable noncompetes. They typically have good lawyers and are often litigious. 1 year is a short limitation but all of Canada and usa is very broad. Line of work?
>>1241773
Pretty much none, especially if the company using the NCA is a small one.
They cannot go after you for quitting and working for a competitor.
They CAN go after you if you quit, work for a competitor and bring all your clients and/or knowledge with you. And they can prove it. This is more where NCA come into play.
Lets say you sell insurance. And you work for ABC company for 3 years. During which time you close like 150 people on insurance. Well if you quite and go work for another company and take most of your clients with you, and the company has evidence of that, they could sue you.
Non-competes are pretty weak overall though, and it depends on the attitude of your state.
Enforcement usually comes when a jilted former boss feels like they really got fucked.
>>1241834
Yeah this NC is weak as fuck. Dont worry about it.
If you are really unsure, ask a couple lawyers.