NON COMPETE BUY OUTS

The average attorney that represents corporations in Virginia, probably charges at LEAST $150 an hour.

So in order for your ex-employer to file a Complaint to either prevent you from working elsewhere, or alleging breach of contract, you can count on at least $2000 in legal fees. Add in meetings, discussions, legal research, and your old employer is looking at around $5000 just to file the lawsuit. All the way to trial, I think around $20,000 or MORE is likely.

Want to save everyone the time and money. Many employees will offer cash settlements or buyouts on their non-competes.

Sometimes this saves everyone time and money — so think about it! I know you may not want to give that jerk a dime (the “principle” of it) – but sometimes a good business decision is better for everyone.

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.