Employment Arrangements & Separation Agreements
Ensuring that all parties are on the same page at the outset of your working relationship, as well as the end of your time together, is critical to minimizing any bad fall out or legal repercussions.
To start off on the right page, you must clearly identify the duties and obligations of your employees and of yourself as the employer.
The bookends of your working relationship
After gaining an understanding of your business structure, we evaluate which classification (employee or contractor) makes the most sense for your workers. We then work with you to draw up customized employment agreements.
Some key elements that we consider include:
- Tax and employment law compliance on both a federal and state level
- Specifically tailored non-disclosure, non-compete, non-solicitation and confidentiality provisions
- Ensuring compensation structures are clearly and accurately described
We also review employment agreements for high-income individuals or those receiving deferred compensation to ensure that they are compliant with federal and state law, as well as IRS Section 409A.
To increase the chances of avoiding the costly and time-consuming process of going to court if the relationship goes awry, we proactively draft arbitration agreements for our clients that take into account all enforceability considerations that vary from jurisdiction to jurisdiction.
Time to part ways
When a termination event occurs, we draft and negotiate separation or settlement agreements on behalf of employers and high-level executives and employees.