Non-Compete Agreements: Why They Are Important to Your Business
The use of non-compete agreements in business is more common than you think. They are integral documents in any successful business transaction. Recently, the federal government and states have weighed in on their effectiveness and need. Legislation is making its way through Trenton which hopes to change these agreements forever. What does this mean to you? What does this mean if you are the employee signing one? Or the business owner looking to hire or sell your company? What is the difference between a non-compete and non-disclosure? Partner and Chair of the Labor and Employment Group Jim Anelli participates on a CIANJ panel discussing the “ins and outs” of these agreements.