Peter Steinmeyer Quoted in “Are Non-Compete Agreements Necessary in the Fitness Industry?”Club Industry October 3, 2016
Peter A. Steinmeyer, a Member of the Firm in the Employment, Labor & Workforce Management practice, in the firm’s Chicago office, was quoted in Club Industry, in “Are Non-Compete Agreements Necessary in the Fitness Industry?” by Sarah Protzman Howlett.
Following is an excerpt:
Non-compete agreements can help protect a company's most sensitive information, such as business practices, intellectual property and monetary investment in staff, Steinmeyer said.
"A club may have invested a substantial amount to build up a customer base and goodwill with its employees," he said. "A properly drafted restrictive covenant is a tool that can help do that."