• Louis A. Russo

The Role of Noncompetes, Nonsolicits, and Other Restrictive Covenants During Salary Negotiation

RUSSO LAW LLC's Founder, Lou Russo, was asked about the impact of restrictive covenants (noncompetes, nonsolicits, etc.) on salary negotiations in a recent Dollarsprout article. Here is an excerpt of the quote:


"Contract law attorney Lou Russo recommends higher level employees, or anyone asked to sign a contract, tell potential employers that their lawyer will review the offer letter, employment agreement, employee handbook, or stock option plan. . . .


'If any of these documents incorporate stringent restrictive covenants that will prevent you from working in the industry after you stop working for the employer, then you have a reason to ask for more money,” Russo said. “This is especially true if the new employer is trying to prevent you from competing with it for longer than 1 year, and there is no geographic or industry limitation.'"


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