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Law Firm Non Compete Agreement

Law Firm Non Compete Agreement Template for New Zealand

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Key Requirements PROMPT example:

Law Firm Non Compete Agreement

"I need a Law Firm Non-Compete Agreement for our Auckland-based corporate law practice, specifically tailored for senior associates handling major banking clients, with a two-year restriction period and coverage across New Zealand's North Island."

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Document background
The Law Firm Non-Compete Agreement is a crucial document used by New Zealand legal practices to protect their business interests, client relationships, and confidential information when lawyers leave the firm. It is particularly relevant in today's highly competitive legal market where client relationships and firm knowledge are valuable assets. The agreement must comply with New Zealand's legal framework, including the Employment Relations Act 2000, Contract and Commercial Law Act 2017, and the Lawyers and Conveyancers Act 2006. It typically includes provisions on restricted activities, geographical limitations, client non-solicitation, and confidentiality obligations, while ensuring restrictions are reasonable and enforceable under New Zealand law. The document is essential for firms investing in lawyer development and client relationships, providing protection against immediate competition from departing attorneys.
Suggested Sections

1. Parties: Identification of the law firm and the lawyer/employee entering into the agreement

2. Background: Context of the agreement, including the lawyer's role and reason for the non-compete provisions

3. Definitions: Key terms used throughout the agreement, including 'Restricted Business', 'Territory', 'Confidential Information', 'Clients', etc.

4. Term and Duration: Period of employment and duration of post-employment restrictions

5. Non-Competition Obligations: Specific restrictions on competing activities, including geographical and practice area limitations

6. Non-Solicitation of Clients: Restrictions on approaching or accepting work from firm clients

7. Non-Solicitation of Employees: Restrictions on recruiting or hiring firm employees

8. Confidentiality Obligations: Protection of firm's confidential information and intellectual property

9. Client Files and Materials: Handling and return of client-related materials and files

10. Professional Obligations: Compliance with legal professional obligations and ethics

11. Acknowledgments: Employee's confirmation of reasonableness and understanding of restrictions

12. Remedies: Consequences of breach and available remedies including injunctive relief

13. General Provisions: Standard contract clauses including governing law, severability, and entire agreement

Optional Sections

1. Garden Leave: Provisions for paid leave during notice period, used when immediate removal from active duty is desired

2. International Practice Restrictions: Additional provisions for lawyers practicing in multiple jurisdictions

3. Specialized Practice Areas: Specific restrictions for lawyers in specialized practice areas like intellectual property or maritime law

4. Client Development and Marketing: Restrictions on using firm's marketing materials or client development strategies

5. Alternative Dispute Resolution: Provisions for mediation or arbitration before court proceedings

6. Compensation During Restriction Period: Terms for any payment during the non-compete period to support enforceability

7. Exception for Pro Bono Work: Carve-outs for providing pro bono legal services during restriction period

Suggested Schedules

1. Schedule 1 - Restricted Clients: List of specific clients or client categories covered by restrictions

2. Schedule 2 - Restricted Territory: Detailed definition of geographical areas covered by non-compete provisions

3. Schedule 3 - Restricted Practice Areas: Detailed list of practice areas subject to restrictions

4. Schedule 4 - Confidential Information: Detailed categories of confidential information covered by the agreement

5. Appendix A - Acknowledgment Form: Form for periodic reaffirmation of compliance with restrictions

6. Appendix B - Client Notification Template: Standard form for notifying clients of departure and restrictions

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions



























Clauses






























Relevant Industries

Legal Services

Professional Services

Legal Consulting

Corporate Law

Litigation Services

Intellectual Property Law

Employment Law

Commercial Law

Property Law

Relevant Teams

Human Resources

Legal Operations

Partner Group

Senior Management

Compliance

Risk Management

Professional Development

Practice Management

Business Development

Knowledge Management

Relevant Roles

Managing Partner

Senior Partner

Junior Partner

Associate Lawyer

Senior Associate

Special Counsel

Practice Group Leader

Department Head

Legal Director

Chief Legal Officer

General Counsel

Senior Lawyer

Junior Lawyer

Law Clerk

Legal Consultant

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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