Employee Raiding and Recruitment Strategies

Insurance

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With companies facing challenges in top-line growth, aggressive recruitment strategies are becoming more prevalent among financial institutions and other businesses seeking to recruit or retain top producers, high level executives or other talented employees. Some of these strategies may lead to claims of employee raiding in which a firm asserts a substantial economic loss due to the migration of employees to a rival firm. Stevens & Lee provides counsel proactively and reactively to those financial institutions and other businesses pursuing talent, as well as those defending against potential claims that a raid has occurred.

Whether an entire team of employees has been recruited or just one or two high-earning professionals have been hired, the financial firms or businesses involved on either side of these transitions require effective counsel to navigate complex regulatory and legal challenges. Stevens & Lee has extensive experience with employment disputes and litigation in this arena, including:

  • Restrictive covenant issues
  • Non-competition agreements
  • Non-solicitation agreements
  • Employment transition counseling
  • Employee agreements
  • Severance agreements
  • Misappropriation or theft of confidential or trade secret information

Our team has litigated and arbitrated cases in numerous jurisdictions at both the state and federal level, regularly appearing before FINRA, the EEOC and various state civil rights agencies. In addition to providing comprehensive services concerning employee raiding and recruiting, we also have extensive experience litigating and counseling individuals, medical practices and practitioners, small to mid-sized companies and Fortune 500 companies on a variety of issues that arise with restrictive covenants and the theft of trade secrets or other confidential business or personal information.

Ballarotto_Jacob

Jacob E. Ballarotto

Associate

jeb@stevenslee.com

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Princeton: 609.243.6438

Christensen_Megan

Megan M. Christensen

Shareholder

mmc@stevenslee.com

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Princeton: 609.987.5330

Demmy_John

John D. Demmy

Shareholder

jdd@stevenslee.com

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Wilmington: 302.425.3308

Fox_Tammy

Tamara L. Fox

Associate

tlf@stevenslee.com

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Harrisburg Market Square: 717.255.7354

Gill_Sunjeet

Sunjeet S. Gill

Shareholder

ssg@stevenslee.com

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Valley Forge: 610.205.6076

Philadelphia: 610.205.6076

Goldberger_Lenny

Leonard P. Goldberger

Shareholder

lpg@stevenslee.com

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Valley Forge: 610.205.6046

New York: 212.774.5929

Henefer_Tom

E. Thomas Henefer

Shareholder

eth@stevenslee.com

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Reading: 610.478.2223

Kelso_Wes

Wesley R. Kelso

Shareholder

wrk@stevenslee.com

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Lancaster: 610.478.2242

krulewicz_david

E. David Krulewicz

Associate

edk@stevenslee.com

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Princeton: 609.243.6430

Lewis_Tom

Thomas B. Lewis

Shareholder

tbl@stevenslee.com

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Princeton: 609.987.5335

Payne_Bill

William J. Payne

Counsel

wjp@stevenslee.com

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Valley Forge: 610.205.6041

Ravis_Julie

Julie E. Ravis

Shareholder

jera@stevenslee.com

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Reading: 610.478.2077

Robinson_Eric

Eric M. Robinson

Shareholder

emr@stevenslee.com

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New York: 212.537.0408

Scheim_Charlie

Charles C. Scheim

Shareholder

ccs@stevenslee.com

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Reading: 610.478.2282

Scobie_Jonathan

Jonathan A. Scobie

Associate

jasc@stevenslee.com

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Princeton: 609.987.6656

Spencer_Scott

Scott H. Spencer

Shareholder

shs@stevenslee.com

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Harrisburg Market Square: 717.399.6634

Thornton_Bill

William P. Thornton, Jr.

Shareholder

wpt@stevenslee.com

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Philadelphia: 215.496.3820

Reading: 610.478.2020

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