header-logo header-logo

When a good lawyer jumps ship (Pt 2)

18 October 2018 / David Fisher
Issue: 7813 / Categories: Features , Profession
printer mail-detail

For optimum protection, firms need to ensure that restrictive covenants contain the right contractual terms & that the proper steps are taken to enforce them, as David Fisher explains

  • Whatever type of restrictive covenants partners are subject to, it is important that firms keep the restrictions under review and update them to account for changes in their business and developments in the law.

Some partnerships and LLPs choose not to impose post-termination restrictive covenants on their partners or members. This might be for cultural reasons, or (especially in small or new firms) because no partner or member wants to be prevented from competing with the firm or acting for their clients for a period of time if they happen to be the one who decides to leave. However, the majority of firms want the protection that good restrictive covenants can give to their business, and this means having the right contractual terms in the first place and taking proper steps to enforce them. Part one of this series covered the general

If you are not a subscriber, subscribe now to read this content
If you are already a subscriber sign in
...or Register for two weeks' free access to subscriber content

MOVERS & SHAKERS

Birketts—trainee cohort

Birketts—trainee cohort

Firm welcomes new cohort of 29 trainee solicitors for 2025

Keoghs—four appointments

Keoghs—four appointments

Four partner hires expand legal expertise in Scotland and Northern Ireland

Brabners—Ben Lamb

Brabners—Ben Lamb

Real estate team in Yorkshire welcomes new partner

NEWS
Robert Taylor of 360 Law Services warns in this week's NLJ that adoption of artificial intelligence (AI) risks entrenching disadvantage for SME law firms, unless tools are tailored to their needs
From oligarchs to cosmetic clinics, strategic lawsuits against public participation (SLAPPs) target journalists, activists and ordinary citizens with intimidating legal tactics. Writing in NLJ this week, Sadie Whittam of Lancaster University explores the weaponisation of litigation to silence critics
Delays and dysfunction continue to mount in the county court, as revealed in a scathing Justice Committee report and under discussion this week by NLJ columnist Professor Dominic Regan of City Law School. Bulk claims—especially from private parking firms—are overwhelming the system, with 8,000 cases filed weekly
Writing in NLJ this week, Thomas Rothwell and Kavish Shah of Falcon Chambers unpack the surprise inclusion of a ban on upwards-only rent reviews in the English Devolution and Community Empowerment Bill
Charles Pigott of Mills & Reeve charts the turbulent progress of the Employment Rights Bill through the House of Lords, in this week's NLJ
back-to-top-scroll