I thought a non-compete was just a scare tactic until a former employee cost me $40,000
For years, I ran my small marketing firm in Austin without making new hires sign non-competes. I figured they were just legal bullying and wouldn't hold up. Then, a project manager I let go in January took our biggest client's campaign plan and started his own shop with it. My lawyer said a well-written non-compete could have stopped him cold, but without one, I had no real case. The client left, and I lost that revenue over six months. Has anyone else been burned by skipping this, or found a fair way to write one that actually protects a business?