Five Things You Need to Know About Employee Restrictive Covenants Around the World
Competition for key talent is fierce. A strong economy and a shortage of skilled workers have created an environment ripe for employee defections. The effective use of non-competes is one way multinationals can retain the best talent around the world and limit competitors from stealing valuable intellectual capital. But the legal landscape varies so widely with regard to the validity and enforcement of restrictive covenants, understanding local and regional differences is essential to developing a global strategy to best protect your company’s most valuable assets. Unfortunately, there is no global one-size-fits-all approach to restrictive covenants.
Andy Boling, Joseph Deng and Sinead Kelly help you and your multinational company navigate the thicket of laws that govern employee restrictive covenants around the world.