Overview of the 50 State Desktop Reference
Seyfarth Shaw LLP has released the 2014-2015 edition of its 50 State Desktop Reference: What Employers Need to Know about Non-Compete and Trade Secrets Law. The one-stop desk reference surveys the many questions related to the use of employee restrictive covenants and intellectual capital protection in all fifty states.
“There is no denying the assortment of statutes and case law across the country related to non-compete agreements and trade secrets,” said Seyfarth’s Michael Wexler, chair of the national Trade Secrets, Computer Fraud, and Non-Competes Practice group and co-author of the Reference. “This booklet will serve as a useful and informative tool to help the human resources professional, in-house counsel, or company executive navigate this complex environment of law to protect their most valuable and confidential assets.”
State-by-State Variability in Non-Compete Laws
All too often, what is enforceable in one state may be questionable in another and entirely prohibited in the next. Companies that seek to use non-competition and non-solicitation agreements to protect its trade secrets, confidential information, client relationships, goodwill or work force need to stay informed of the varied and ever-evolving standards in each state. The Reference provides a user friendly chart, broken down by state, on multiple non-competition, non-solicitation and trade secret matters.
Importance of Restrictive Covenants for Companies
“Companies whose intellectual capital and customer and employee relationships are vital to their success often use reasonable restrictive covenants to protect their interests,” said Seyfarth’s Robert Milligan, co-chair of the national Trade Secrets, Computer Fraud, and Non-Competes Practice group and co-author of the Reference, “It is essential that their agreements comply with the latest developments to ensure that they are enforceable. This booklet provides them with an informative resource to keep current on the latest changes in this significant area of law.”
Services Offered by Seyfarth Shaw’s Practice Group
Seyfarth Shaw’s Trade Secrets, Computer Fraud, and Non-Competes Practice group provides a variety of client-focused services, ranging from counseling and transactional deal advice to trade secret audits to cost-effective injunctions and litigation. The Practice group’s award-winning blog, Trading Secrets (http://www.tradesecretslaw.com/), offers commentary and analysis on new topics in the world of trade secret, non-compete, unfair competition, computer fraud law, privacy and social media, including significant legislative and case updates. In addition, the Practice group presents an extensive webinar series as another source for up-to-date information on an assortment of interesting topics.
