Employment contracts can be an effective way to secure key employees and to reduce risks associated with sharing a variety of confidential and proprietary information with these employees. Careful drafting can mean the difference between a smooth employee exit and protracted litigation. A strong employment contract can also provide clear incentives to employee performance. Our employment attorneys assist employers in preparing strong employment contracts that are carefully tailored to the needs of each employer.
There are a variety of requirements for employment contracts in Minnesota, including compliance with Section 181.55 of the Minnesota Statutes. Employment contracts typically address an employer’s concerns relating to non-competition, confidentiality (protection of trade secrets) and ownership of intellectual property created on the job, among other things.