It is commonplace for directors’ service contracts and employment contracts for senior employees to contain restrictions on the conduct of the individual after the employment has come to an end. Whether restrictions are enforceable by ex-employers and the risks of breaching them are factors that need to be considered before entering into a new contract of employment.
Every sector, especially in financial services generally, has implications for employees moving on, whether alone or as part of a team. This is an area of law that is developing all the time, and we specialise in advising on the law as it stands when you need to know your position.
How we help:
- Reviewing the covenants in your contract
- Advising as to the enforceability of some or all of the restrictions
- Variation – can the restrictions be varied?
- Pursuing claims for breach of contract