I want to share with our readers an excellent article from the online edition of Virginia Business and written by Marjolijn Bijlefeld.
The article looks at how several different employees and employers in Virginia have been affected over the years by noncompete agreements. As an employee, reading this article will provide you with two very clear recommendations:
1. Do not sign a noncompete contract without first discussing with a knowledgeable attorney the impact the agreement can have on your and your family’s future.
2. If you have already signed the agreement and are contemplating changing jobs to go with a potential competitor of your present employer, better have a chat with that same lawyer!