Restrictive Covenants For Businesses
Find the best way to protect sensitive information and protect your customer base when an employee or partner moves onto another business.
What is a restrictive covenant for business?
Restrictive covenants can be used by a business or employer to help with the following:
Restrictive Covenants FAQs
Providing the restrictive covenant within the contract (or stand alone document - “business protection agreement”) is reasonable in scope and well-drafted (by an expert solicitor) it is likely to be enforceable. If the wording is vague or too wide in scope, you risk not being able to protect your business interests.
It is also important that you have a legitimate reason behind the use of a restrictive covenant, for example preventing confidential data from being leaked to competitors or your best clients being solicited.
One of our expert solicitors will be happy to help if you are interested in learning more about the enforceability of restrictive covenants.
A post-termination restriction which prevents an ex-employee approaching your clients, or setting up in competition, or using your confidential information.
Insurance brokers, technology companies, solicitors, estate agents and investment managers are just some of the types of businesses that we work with to enforce or defend against restrictive covenants.
Whether you have questions about how restrictive covenants can benefit your business, and protect your assets or simply would like honest advice on any agreements you already have in place, our specialist solicitors can provide an unbiased opinion, guiding you towards a solution that is beneficial for you. Get in touch
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