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Darien business law attorney

If you are currently a Connecticut business owner or soon will be, you probably already know that business contracts are an integral part of a successful business. Whether you are creating a partnership agreement, non-compete agreement, financing agreement, bill of sale, employment contract, or another type of business contract, you need to ensure that the contract is effective and enforceable. Seemingly minor mistakes can lead to major misunderstandings and contract disputes. This is one reason that it is always a good idea to have business contracts reviewed by a qualified business law attorney.

Assuming That a Verbal Contract Will Suffice

In an ideal world, we would not need business contracts. A person could simply be trusted to keep his or her promise. Unfortunately, this is not how the business world works. Informal agreements and casual contracts are ineffective and extremely difficult to enforce. You have probably poured a great deal of time and energy into your business. You need to know for certain that your business is protected if a partner, vendor, or contractor fails to keep their end of the bargain. Well-written, clear, enforceable contracts are the only way to protect your business in the event that a party breaches the terms of a business agreement.

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Stamford, CT business attorney noncompete agreement

A noncompete agreement is a type of contract that prohibits an employee from entering into competition against his or her employer. Workers often have access to sensitive information about clients, customers, business operations, practices, strategies, and marketing plans, all of which can be used against an employer. If you are a business owner, you may wish to use a noncompete agreement, also called a noncompete covenant or covenant not to compete, to prevent your employees from using skills and information gained during employment to compete with you in any way. It is important for business owners to obtain legal counsel regarding noncompete agreements, as these documents must meet certain criteria in order for them to be enforceable.

Noncompete Agreements in Connecticut

A Connecticut noncompete agreement is a legal contract that prevents an employee from entering into direct competition with an employer during his or her employment or after his or her employment ends. A noncompete agreement can also prohibit an employee from disclosing business secrets and proprietary information to other parties during and after his or her employment. Noncompete agreements must be limited in their scope and duration in order to be enforceable by the court. Many noncompete agreements include a one- or two-year restriction period, but the amount of time the employee is prohibited from entering into competition can vary based on a range of factors. To be legally binding, a noncompete agreement can only prevent an employee from working in certain geographic areas. Blanket noncompete agreements that do not specify a reasonable time period and location stipulations will typically not be upheld by the court.

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