In business, competition is the driving force for companies to function at its optimum efficiency and utilize of every potential advantage they can do over competitors for the customers. While it is intended to be a healthy force that stimulates the development of better products and services, it can also trigger unethical practices when individuals and companies would do whatever it takes to get ahead of the competition. One way in which businesses can protect their interests against these unnecessary and unethical practices is through the use of a non-compete agreement.
Jeremy Goldstein, a popular New York lawyer, discovered the benefits of non-compete agreements when he was working as an associate attorney at the start of his professional career. While handling the legal aspects of different clients in the business world, he realized that businesses have a lot of vulnerabilities for abuse. It was also one of the reasons why when he founded his own law firm, the Jeremy Goldstein and Associates, he chose to specialize in protecting the rights of businesses and in handling corporate cases.
He was exposed to different legal battles of different companies operating in the business world during the early years of practicing his profession. With his substantial knowledge and experience in the field, Jeremy Goldstein understands the concerns of many businesses. He recommends that to ensure that the interests of businesses are protected, they should use a non-compete agreement during employee onboarding.
Non-compete agreements usually put restrictions on employees to protect the trade secrets, patents, intellectual properties, and even customers of the business. There are drawbacks and benefits to non-compete agreements for all the concerned parties and it should not be entered into lightly. The main goal of having employees sign a non-compete agreement is to avoid having to compete with a previous employee who has the knowledge of the company’s trade secrets.
Also, there are times when the court would not honor the non-compete agreement because it was poorly prepared and sometimes appear to be coercive. That is why businesses must hire a competent legal team to prepare this. Jeremy Goldstein is known in the business world for his competence.
He was a part of the legal team when SBC Communications Inc acquired AT& T Corporation. Jeremy Goldstein was there when South African Breweries PLC was purchased by Miller Brewing Company. He was one of the legal counsels when Bank One Corporation merged with JP Morgan and Chase.
There are times when he admitted that he finds it hard to joggle between his family time and professional time. Before his achievements in the legal world as well as in the corporate world, Jeremy Goldstein was an ace student who got his bachelor’s degree at the University of Chicago. He also went to New York University to earn his Juris Doctor.
Connect with Jeremy Goldstein on LinkedIn.