April 02, 2020 Articles

Eight Steps to Protect Your Client’s Competitive Intelligence During Key Employee Departures

A proactive enforcement plan can prevent the loss of client relationships, unfair competition and disclosure of competitive intelligence. Time is of the essence, including steps an employer takes day one.

By Maria L. Kreiter, Margaret R. Kurlinski, Jennifer L. Gregor, Erin (Maggie) M. Cook, Rebeca M. López

When a key employee resigns, immediate and meaningful enforcement of non-solicitation, noncompetition, and confidentiality agreements is vital. A proactive enforcement plan can prevent the loss of client relationships, unfair competition, and disclosure of competitive intelligence. Time is of the essence, including steps that an employer takes on day one of the departure.  

These are some of the immediate steps an employer facing imminent risk from a key employee departure should take:

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