{"id":43145,"date":"2015-08-27t16:34:25","date_gmt":"2015-08-27t20:34:25","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=43145"},"modified":"2016-05-16t14:56:49","modified_gmt":"2016-05-16t18:56:49","slug":"fontaine-social-media","status":"publish","type":"post","link":"\/\/www.g005e.com\/2015\/08\/27\/fontaine-social-media\/","title":{"rendered":"the four ways ‘non-competes’ #fail in the social media age"},"content":{"rendered":"

how friending, liking, connecting or tweeting can come back to haunt you.\u00a0<\/strong><\/p>\n

by\u00a0r. peter fontaine<\/em>
\nnewgate law<\/a><\/em><\/p>\n

it is axiomatic that the only true assets of any accounting firm are its clients and its people. \u00a0these relationships are typically protected through a legal agreement between the firm and its people.\u00a0 known as restrictive covenants (or, colloquially, as \u201cnon-competes\u201d), under these contracts former partners and employees are prohibited from soliciting or serving firm clients, and soliciting or hiring firm employees.<\/p>\n

restrictive covenants are becoming increasingly more significant in the accounting industry because of the growing mobility of and competition for a scarce workforce and partner and employee \u201cfallout\u201d following a merger. the ever expanding popularity of social media only contributes to the uncertainty surrounding the enforceability and effectiveness of post-employment restrictions.<\/p>\n

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