zlacker

[return to "New York may ban noncompete employment agreements and Wall Street is not happy"]
1. ajb+d7[view] [source] 2023-11-18 09:21:34
>>pg_123+(OP)
After noncompetes, they should go after non-solicitation. Entire teams that work well together should be able to defect from shitty employers. It kind of happens anyway but on the quiet, inefficiently - I'd love to see a job website where you can list an entire team.
◧◩
2. cj+di[view] [source] 2023-11-18 10:56:45
>>ajb+d7
Non-solicits also include not soliciting customers.

Which is particularly relevant at consultancies where the product is a service.

If you join a consultancy group, and 2 months later quit with the client roster... is it really OK to poach all their clients to start your own consultancy?

All of these contracts are time limited, FWIW. E.g. non-solicitation doesn't mean you can never work your your colleagues again. It protects against someone leaving and then immediately poaching all employees within 12 months. After 12 months you're welcome to poach as much as you'd like.

Edit: Furthermore, non-solicits don't ban your colleagues from quitting with you, as long as you're not directly asking them to quit. If they make the decision independently without being lobbied by a former employee, it's not in violation of non-solicit.

◧◩◪
3. izacus+sj[view] [source] 2023-11-18 11:07:42
>>cj+di
> If you join a consultancy group, and 2 months later quit with the client roster... is it really OK to poach all their clients to start your own consultancy?

Yes. It's called free market competition and it's great for the society and economy. NYC bankers should be first in line to understand that.

◧◩◪◨
4. polyga+ww[view] [source] 2023-11-18 12:40:04
>>izacus+sj
No one is more afraid of the free market and competition than the biggest capitalists. They are always trying to pull up the ladders behind them that helped them get where they are.
[go to top]