Restrictive Covenants and Severance Agreements
At the law office of Lum, Drasco & Positan we assist companies and executives in the review and drafting of restrictive covenants and severance agreements. Our experienced team of employment law attorneys knows what terms need to be included in these highly complicated documents in order to make them enforceable and beneficial. We also have the proven skills to litigate over these contracts if necessary to protect our clients’ rights.
Protecting your trade secrets and other important confidential company information is critical to the success of your business. It is also critical to ensure that those individuals you have trained in the ways of your industry do not go out and deliver these secrets to your competitors. At the law office of Lum, Drasco & Positan, we use our more than 150 years of experience to protect corporations and businesses by drafting confidentiality agreements that protect a company’s rights.
In addition to confidentiality agreements between employers and employees, we have assisted sellers of businesses in drafting confidentiality contracts to present to potential buyers prior to the buyer conducting his or her investigation of the financial and operational status of the company. We can discuss when a confidentiality agreement might be necessary for you and work with you to exceed your expectations.
Noncompete agreements are critical for employers. By signing a noncompete agreement, an employee is agreeing not to engage in a profession or trade that competes with his or her employer. Because employers invest considerable time and resources in the training of employees and often divulge secrets of their trade, the enforceability and effectiveness of noncompete agreements is essential.
Noncompete agreements place limitations on employees for a specified period of time concerning the type of employment and geographic area in which the employee may seek new employment or start a competing business. Noncompete agreements should be carefully drafted, reviewed, and analyzed by all parties to minimize the likelihood of future conflicts.
It is especially important to ensure that a skilled lawyer has drafted or reviewed your contracts in order to ensure that the language used will hold up in court. If your agreement restricts too much activity or covers too broad of an area, it could fail. You can rely on our sophisticated and effective attorneys to draft solid agreements for your company and litigate any issues that may arise related to those agreements.
Our Legal Services
Founded in 1870, Lum, Drasco & Positan has a long history of successfully representing businesses in New Jersey and assisting them with issues involving all types of employment contracts. Our firm is dedicated to serving the dynamic needs of business owners. We represent employers in a variety disputes arising from employment agreements and assist employers in drafting employment agreements that will be enforced if such disputes arise. In addition, we are frequently retained by executives who require an experienced business law attorney to review or negotiate noncompete, severance, or other employment agreements as well.
We offer reputable and practical representation throughout New Jersey. Contact our proven lawyers today to schedule a consultation.
Contact Lum, Drasco & Positan
Lum, Drasco & Positan LLC
103 Eisenhower Parkway
Roseland, NJ 07068
Our law office is located in Roseland, New Jersey.
To speak with an attorney at our firm about your legal needs, call 973-403-9000.