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by grellas 2749 days ago
Non-competes under U.S. law are neither all good nor all bad. They have their legitimate uses but these are the narrow cases and not the norm.

For example, you sell a business to someone who pays you a big premium for your goodwill value usually tied to the value of the customer base. It is entirely fair that, having taken the money in exchange for the sale of your goodwill interest, you not be able to turn around the day after the close and effectively steal it back from your buyer by setting up a competing business and conducting raids to get back your old customers. A reasonable restriction on your ability to compete in that case makes eminent sense and is not in any way unfair.

So too if you exit a professional practice and get bought out. Same principle. You get paid for the goodwill value and you should not be able to capitalize on the payment and simultaneously raid the goodwill of your former practice by competing against it. Fair and reasonable even though it restricts you in your livelihood.

Thus, even states like California, which basically ban the use of non-competes in an employment context, will fully enforce them in the situations noted above.

On the bad side, non-competes tend to operate unfairly and to burden ex-employees by preventing them from engaging in their normal livelihood even when they have been paid nothing for the privilege. Many jurisdictions do enforce them in that context and the only way to challenge them is to argue that they are unreasonably broad, which (if fought out) takes a tidy six-figure sum to prove in court.

So, yeah, all jurisdictions should adopt the California rule that largely bans non-competes in an employment context. But I don't see this happening anytime soon.

In the meantime, as an employee, you should try to avoid these if you can, negotiate to be paid for any non-compete if you have the leverage, or, if you have no choice, live with them as best you can until the law comes to a better place. As long as the law enforces them, you are sometimes just stuck.

3 comments

There are many incentives available to prevent the seller of a company (and the employees) to not run out and start a competitor. You can give them shares that vest over time. You can offer them employment in the new company. You can make various offers contingent on the performance of the sold company.
Given that these NCs are generally negotiated as part of the sale of the company I don't really see a problem. If what you're being offered isn't worth agreeing not to compete then keep negotiating or walk away.
> For example, you sell a business to someone who pays you a big premium for your goodwill value usually tied to the value of the customer base. It is entirely fair that, having taken the money in exchange for the sale of your goodwill interest, you not be able to turn around the day after the close and effectively steal it back from your buyer by setting up a competing business and conducting raids to get back your old customers. A reasonable restriction on your ability to compete in that case makes eminent sense and is not in any way unfair.

During the sale the customer information and contacts can be (and by default usually are IIRC) considered an asset of the company, as such the seller reusing contacts can be considered a form of corporate espionage and can be prosecuted in that manner.

This holds just as clearly for departing employees, making unauthorized use of a company's assets after leaving a company is illegal whether it's sneaking in and using your old office or continuing to use contacts, just because in one of those cases the data might be in your phone doesn't change the legality.

But! This sort of corporate espionage is rather common and hard to prove. This brings us back to the commonly known point that sales people have a habit of ruining it for everyone else /s

> You get paid for the goodwill value and you should not be able to capitalize on the payment and simultaneously raid the goodwill of your former practice by competing against it.

No, employees don't get paid for "goodwill value" - whatever that means - they get paid for work they do in the course of their employment. If a company stands to lose if one of their employees changes jobs and works for a competitor, then the employer should be sure to give them generous raises and compensate them for the fair market value of their labor - not by relying on legal threats. I'm baffled by how widespread this belief that employees have some moral responsibility to sacrifice opportunities to the benefit of their current employer. Be a rational actor in the labor market, doing otherwise is an easy way to get taken advantage of.

> No, employees don't get paid for "goodwill value"

The passage you quoted and replied to wasn't about employees, it was one of two examples GP raised to argue that that non-competes can make sense outside of an employment context.

> Thus, even states like California, which basically ban the use of non-competes in an employment context, will fully enforce them in the situations noted above.

From the original comment

> So too if you exit a professional practice and get bought out. Same principle. You get paid for the goodwill value and you should not be able to capitalize on the payment and simultaneously raid the goodwill of your former practice by competing against it. Fair and reasonable even though it restricts you in your livelihood.

Unless "professional practice" specifically refers to something like being the partner of a law firm it does sound like it's saying that the spirit of non-competes should apply between employee-employer relationships.

Even then it seems like a bad thing you advocate. If I am at a law firm and I think I would be better served to go form my own practice, I shouldn't refrain from doing so out of some sense of goodwill on part of my previous practice. Sure, it may be a bad idea to burn bridges - but that's done out of a desire to maintain good relations and reputation, not because it's immoral to compete withy past employer.

There is a "get bought out." mention in the text you quote.

If you get a fair compensation to end your job then a NC is justifiable.