NEW YEARS RESOLUTIONS FOR THOSE WHO WANT TO START THEIR OWN BUSINESSES

If I were someone interested in starting my own business in the new year, I would want to do the following:

1. Obtain and review all of my existing employment agreements / contracts;
2. Have an attorney review, evaluate and explain my rights and restrictions under these contracts;
3. Have an attorney advise me on what actions I can take toward my new business, that will NOT be in breach of my contract;
4. Evaluate risks and benefits of competing;
5. Find out if my employer has sued past employees for breach in the past;
6. Find out if my employer has released past employees from agreements in the past;
7. Resolve to make smart decisions, rather than rash ones;
8. Get advice on how to minimize risk of litigation;
9. Prepare my family for possible litigation (financial and emotional costs);
10. Be kind and gracious to EVERYONE involved – typically, hurt feelings and egos lead to litigation, not gracious exchanges.

Lauren Ellerman

Lauren Ellerman

In 2011, Lauren Ellerman was named "Young Lawyer of the Year" by the Roanoke Bar Association for her work in the community. To speak with Lauren about your personal injury case, contact her at lellerman@frithlawfirm.com.