Also referred to as covenants not to compete, non-compete agreements can be crucial to protecting a business’ trade secrets and intellectual property in the event an employee leaves the company. These agreements are effectively contracts that stipulate that people who have been privy to an entity’s trade secrets will not start their own businesses or start working for a competitor and share the trade secrets in an effort to gain a competitive edge.
Since 1983, Thomas E. Downey has been helping people and business with various matters related to non-compete agreements.
While many non-compete agreements have specific clauses pertaining to non-compete timeframes and/or specific geographic areas or industries in which an employee cannot work for that period of time, the underlying common factors for these types of agreements are that they are legally binding contracts and that violating these contracts can result in serious penalties.
At Downey & Associates, PC, our Denver non-compete agreements lawyer has more than 30 years of experience overseeing various matters associated with these contracts, and he is skilled at helping:
Businesses go after people who violate covenants not to compete
People defend themselves against allegations that they have violated non-compete agreements.
Some of the specific types of non-compete agreement issues we can effectively assist businesses and individuals with include (but are not limited to):
Drafting comprehensive, effective non-compete agreements that can help businesses protect their soft assets (like their information and client relationships)
Enforcing the terms of non-compete agreements and pursing legal action against those who are in breach of these contracts
Assisting employees who are preparing to leave a company make the successful (as well as legal and ethical) transition to starting their own business or working for a different employer.
You Can Trust the Denver Non-Compete AgreementsLawyer at Downey & Associates, PC
If you need assistance with any issues regarding non-compete agreements, you can count on Denver Non-Compete Agreements Lawyer Thomas E. Downey. Since 1983, Thomas Downey and the other legal professionals at Downey & Associates, PC, have been providing individuals and businesses in the Denver Metro Area and throughout the U.S. with the highest level of legal service for their business law, litigation, property tax and real estate legal issues. Our dedication to our clients, coupled with our extensive experience handling complex matters of contract law, means that our clients can always trust that we will aggressively protect their rights and help them achieve the best possible outcomes to their sensitive legal matters.
A choice to work with our Denver non-compete agreements attorney can give you confidence that, at every stage of the legal process, your important legal matters will be handled with expert care and attention and that we will work diligently to help you resolve your case as favorably and efficiently as possible. We have the integrity, experience and resources necessary to ensure that you will receive the highest level of personal service, the highest quality legal services and, ultimately, the best possible resolution to your case.
Contact Us Today
We encourage you to learn more about your rights and options, as well as our various services, by calling us at (303) 813-1111 or by emailing us using the contact form on this page. From our law offices in Centennial, we serve clients throughout Colorado and the U.S.
Frequently Asked Questions
Are non-compete agreements enforceable in all industries in Denver?
While non-compete agreements are generally enforceable in Denver, their validity can vary by industry. For instance, certain professional fields may have restrictions on such agreements to ensure fair competition. It's important to consult with an attorney to understand how these laws apply to your specific industry and circumstances.
What factors do courts consider when evaluating non-compete agreements in Denver?
Courts in Denver evaluate the reasonableness of non-compete agreements based on factors like duration, geographic scope, and the necessity to protect legitimate business interests. They also consider the balance between protecting the employer's interests and the employee's right to work. Our attorneys can help draft agreements that align with these legal standards.
How can businesses mitigate risks associated with non-compete agreements in Denver?
Businesses can mitigate risks by ensuring their non-compete agreements are narrowly tailored and clearly define prohibited activities. Regularly reviewing and updating these agreements with legal counsel helps maintain compliance with evolving laws and business needs. To safeguard your business, reach out to Downey & Associates PC for expert legal advice.
Additional Information in Denver, CO
Is Your Non-Compete Clause Valid?: Explores the criteria that determine the validity of non-compete clauses, focusing on factors such as duration, geographic scope, and the necessity to protect legitimate business interests. It provides practical guidance for both employers and employees on how to navigate the complexities of non-compete agreements.
Non-Compete Clauses in Healthcare Employee Contracts: Discusses the unique considerations and legal challenges of non-compete clauses within healthcare employee contracts. It explores how these agreements impact healthcare professionals and institutions, offering insights into their enforceability and the evolving legal landscape.
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Downey & Associates PC represents clients in Denver and in the surrounding Colorado communities including Englewood, Littleton, Aurora, Greenwood Village, Broomfield, Boulder, Westminster, Fort Collins, Colorado Springs, Adams County, Denver County, Arapahoe County, Douglas County, Jefferson County, Boulder County, Larimer County and El Paso County.
