Hiring from a Competitor: Practical Tips to Minimize Litigation RiskThomson Reuters Practical Law May 2021
Peter A. Steinmeyer, Member of the Firm in the Employment, Labor & Workforce Management practice, in the firm’s Chicago office, co-authored “Hiring from a Competitor: Practical Tips to Minimize Litigation Risk,” a Practice Note published by Thomson Reuters Practical Law.
Following is an excerpt (see below to download the full version in PDF format):
A Practice Note describing the steps an employer can take to minimize litigation risk when hiring from a competitor. This Note discusses potential statutory and common law claims when hiring from a competitor, the need to identify any existing contractual restrictions a potential new hire may have, how to avoid potential issues during the recruitment process, ensuring the new hire is a “good leaver” during the resignation process, responding to cease and desist letters, and potential pre-litigation settlement concepts. The Note is jurisdiction neutral.