Articles Posted in professional

Restrictive covenants preventing competition by former employers are enforceable only to the extent that they are reasonable under New Jersey law. Lawyers and psychologists are exceptions to the general rule, however, because both are subject to disciplinary rules that prohibit restrictions against competition. Courts have recognized that the personal relationship…

Courts determine whether an individual has an equity interest in a law firm partnership by examining the financial investment and risk taken by the claimed owner, such as payment of capital and guarantees of obligations. The rise of the non-equity partner in law firms management has changed the status associated…