The enforceability and validity of a non-compete agreement often vary based on the jurisdiction. Depending on the surrounding circumstances, the former employer may need to continue paying their ex-employee a base wage during the duration of the non-compete.
Alternative Dispute Resolution Options
When two or more parties are involved in a business transaction or contract, disputes may occur due to a disagreement, breach of contract, or other reasons. Fortunately, it is possible to resolve business disputes amicably and without going to court. A seasoned Texas business law attorney can educate you about your various options for alternative dispute resolution when involved in a business dispute or disagreement.
What Are the Elements of a Breach of Contract Claim?
Relationships are the building blocks of any business. Clients and customers, of course, are needed if you want any chance of success, but beyond that, a business needs to build relationships with others, including employees and outside parties who supply goods and services.
Are Client Lists Trade Secrets in Texas?
For many companies, executing marketing campaigns to the masses to sell their products and services is not the best way for them to thrive. Instead, they develop and curate their customer lists and target their marketing efforts. That client list may be a company’s lifeline.
Trade Secrets vs. Patents vs. Copyrights
A business may rely on intellectual property assets that it needs to protect from misappropriation or misuse by others, which would result in financial and reputational damage to the owner.
What Protections Does a Trade Secret Have?
As a business owner, you know what it takes to work hard, see your vision through to the end, and manage a never-ending stream of difficult situations.
How Can I Prove the Information Was a Trade Secret?
According to the Texas Uniform Trade Secrets Act (TUTSA), a "trade secret" is any information that provides independent economic value from not being generally known and for which the owner makes reasonable efforts to maintain its secrecy. Trade secrets consist of all methods, patterns, and techniques used in the day-to-day operations of a business that must be kept confidential.
What Qualifies as a Trade Secret in Texas?
When we hear the term ‘trade secret,” visions of a vault in Coca-Cola headquarters in Atlanta, Georgia, might come to mind. The formula for Coca-Cola is said to be locked away with access limited to only two people.
I Just Found Out I’m Losing My Job and Am Being Offered a Severance…Can I Negotiate My Severance?
Your severance agreement actually tells you exactly what you should do. You should consult with a lawyer regarding your severance. I will be honest with you. In many cases, companies are not willing to negotiate a severance, but I am also aware of when companies may be more negotiable.
Severance Negotiation by An Employment Lawyer -10 Things That Matter
In the age of COVID-19, I’m sadly seeing more and more high-level employees coming to me with severance agreements that need to be reviewed. There are so many dimensions and angles to severance agreements that most employees don’t realize exist.