Employee Raiding and Recruitment Strategies

Labor and Employment

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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.

Jacob E. Ballarotto

Associate

jeb@stevenslee.com

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Princeton: 609.243.6438

G. Thompson Bell, III

Shareholder

gtb@stevenslee.com

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Reading: 610.478.2203

R. Michael Carr

rmc@stevenslee.com

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Allentown: 610.997.5069

Megan M. Christensen

Shareholder

mmc@stevenslee.com

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Princeton: 609.987.5330

Zachary R. Davis

Shareholder

zrd@stevenslee.com

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Philadelphia: 215.751.2874

Danielle M. Dwyer

Associate

dmdw@stevenslee.com

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Philadelphia: 215.751.1242

Jennifer Anne Ermilio

Of Counsel

jae@stevenslee.com

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Valley Forge: 610.205.6044

Susan R. Friedman

Shareholder

srf@stevenslee.com

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Lancaster: 717.399.6625

Joseph P. Hofmann

Shareholder

jph@stevenslee.com

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Lancaster: 717.399.6643

Harry A. Horwitz

Shareholder

hah@stevenslee.com

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Philadelphia: 215.751.1952

Princeton: 609.243.6432

Kenneth D. Kleinman

Shareholder

kdk@stevenslee.com

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Philadelphia: 215.751.1946

E. David Krulewicz

Associate

edk@stevenslee.com

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Princeton: 609.243.6430

Brad M. Kushner

Associate

bmk@stevenslee.com

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Philadelphia: 215.751.1949

Paul R. Lewis

Counsel

prl@stevenslee.com

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Valley Forge: 610.205.6047

Thomas B. Lewis

Shareholder

tbl@stevenslee.com

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Princeton: 609.987.5335

James B. Longacre

Shareholder

jbl@stevenslee.com

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Reading: 610.478.2293

Gary D. Melchionni

Shareholder

gdm@stevenslee.com

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Lancaster: 717.399.6628

Bradley L. Mitchell

Shareholder

blm@stevenslee.com

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Princeton: 609.987.6680

New York: 646.254.6385

Larry J. Rappoport

Shareholder

ljr@stevenslee.com

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Philadelphia: 215.496.3839

Frank C. Sabatino

Shareholder

fcs@stevenslee.com

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Philadelphia: 215.751.2884

Lisa M. Scidurlo

Shareholder

lmsc@stevenslee.com

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Valley Forge: 610.205.6042

Jonathan A. Scobie

Associate

jasc@stevenslee.com

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Princeton: 609.987.6656

Michael G. Tierce

Shareholder

mgt@stevenslee.com

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Philadelphia: 215.751.2865

Theresa M. Zechman

Shareholder

tmz@stevenslee.com

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Lancaster: 717.399.6644

Jeffrey M. Zimskind

Shareholder

jmz@stevenslee.com

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Allentown: 610.997.5068

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