Trying to manage the departure of a key employee or co-director or officer is always difficult and disputes at executive level can be extremely disruptive and time consuming to any business. It is always worth making sure that the drafting of a directors’ service agreement covers the circumstances in which the employment can be terminated.
If you’re an owner manager, it's important to consider how you will protect your confidential information, trade secrets, key clients, suppliers, contacts and staff from being poached, particularly where there is a risk of a departing executive trying to set up in competition.
Seeking legal advice early will protect your business interests as far as possible and that any future disputes can be avoided.
The employment team works closely with the firm’s litigation team should any disputes arise.
If you’d like to speak to one of our employment team, call us on 0117 926 4121 or make a free online enquiry.