Philadelphia Employment Contract Lawyer
Protecting the Employee’s Interests When an employee — such as a CEO, CFO, VP, SVP or other executive — is asked to sign an employment contract or severance agreement, it is in his or her best interest to first have the document reviewed by an experienced employment lawyer. At Jacobson & Rooks in Philadelphia, we take great care to make certain that compensation is clear, benefits are maximized and that there are no provisions that could prove unfavorable to the employee that the employee does not understand. We have reviewed and negotiated agreements for professionals across many industries, including health care, real estate, hospitality, banking, sports and entertainment, public relations, marketing, advertising, education, food distribution and manufacturing and retail.
Negotiating the Best Possible Employment Agreement
When we review an employment contract, we look closely at important issues like performance reviews, bonuses, stock options, deferred compensation, relocation expenses, termination provisions, events of default, retirement benefits and travel perks. When the language is unclear, issues are overlooked or we believe that the employee is entitled to more based on his or her experience and the industry standards, we will advise the client or negotiate with the employer. We also take great care to make certain that confidentiality, noncompetition and nonsolicitation agreements will not hinder the employee’s future career prospects.
Severance Agreements: Complex and Potentially Damaging
Severance agreements can be very complex. They may include some very positive benefits, including salary continuation, outplacement assistance and continuation of health insurance. They may also contain noncompetition and nonsolicitation clauses that could prove damaging, hindering an employee’s ability to pursue similar work in the region. We review and negotiate severance agreements to protect the employee’s interests. Even if you believe your employment contract or severance package is a standard severance agreement or standard employment contract and cannot be negotiated, it is important that you have us review it. One simple change may save you thousands of dollars in compensation, benefits and inconvenience in the future.
Breach of Contract — Employment Contracts and Severance Agreements
When employment and severance agreements are violated by employers, we handle the ensuing disputes. We also defend employees who have been accused of breaching their end of contracts by violating confidentiality, noncompetition or nonsolicitation agreements.