The following is an excerpt from a column written by Gene Commander, discussing the importance of protecting law firm investments in human capital. The column was published by Law Week Colorado and the full article can be read here.
With economic and demographic challenges stacking up against them, Colorado law firm leaders cannot afford to ignore the harsh reality that comes with the loss of valuable talent and the clients that departing lawyers take with them. Noncompete agreements clearly are not the answer. A recent decision by the Colorado Court of Appeals limited the enforceability of anti-competition provisions in law firm employment agreements under the Colorado Rules of Professional Conduct. This article will suggest better ways for firms to protect their investments in human capital.