Non-competes are generally regarded as acceptable for most professionals -- except lawyers.
Now an ethics opinion from the D.C. Bar , which oversees professional responsibility for lawyers practicing in the nation’s capital, has clarified that a law firm can’t try to limit a departing lawyer’s new practice.
And that’s good news for the many lawyers in Washington who currently are contemplating job changes.
Ethics Opinion 368, published earlier this month, found that a “law firm may not provide for or impose liquidated damages,” set before a departure is announced, on a lawyer who later competes with the firm. The decision ...
Learn more about Bloomberg Law or Log In to keep reading:
Learn About Bloomberg Law
AI-powered legal analytics, workflow tools and premium legal & business news.
Already a subscriber?
Log in to keep reading or access research tools.