Been a LONG time since I posted on Saturday, but this is pretty interesting. I got it from the YoungPRPros.com mailing list this morning.
Read this article and the comments about California’s Supreme Court finally ruling noncompetes as garbage (er, unenforceable, even illegal).
This single issue has plagued hundreds of professionals whom I’ve met over the last two years, and I’m sure hundreds of thousands of professionals who just want to make a living.
One issue brought up in the comments is that now we’ll have employees going off and starting their own gig with no regard for the employer’s intellectual property (IP):
“Well there goes a bunch of companies leaving California. Why would they want to be bound by laws that allow employees to steal their clients and the company secrets.”
Many comments are in favor of this. I can imagine this will bring a whole rash of intellectual property lawsuits, and the reality is a company is going to be able to outspend me (and you, probably) in court. They can sit around with their salaries and lifestyles, while we tap into our retirement to fund a legal proceeding in court, trying to get a paycheck again.
It’s not over, but it’s a good start, I think. Everyone who seems to know anything about noncompetes have indicated they are virtually unenforceable… this just seems like one more nail (a big nail) in the coffin.
Will this help you? Will this affect your future employment? How will companies react to this (i.e., what policies will they put into place, perhaps not sharing IP as freely as before), and most of all, will the federal government follow in California’s tracks, and when?
Interesting. But I’m sure there will be adverse consequences.