NYC Contract Review & Negotiations Lawyer
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Experienced Contract Review & Negotiations Lawyer In NYC
When you create a contract, it’s essentially a set of promises that the law will enforce and hold individuals responsible for upholding. An employment contract is no different; its purpose is to outline all the information an employee must agree to before taking on the job. Facts such as salary requirements, work hours, and benefits being offered—are just some of what may be included in your agreement with an employer.
- Duration of the job
- Responsibilities and expectations
- Salary and raise stipulations
These agreements contain comprehensive terms regarding the length of employment, acceptable grounds for dismissal, and the amount of severance pay that will be available upon termination.
In today’s competitive job markets, it is not unheard of for employers to provide formal written employment agreements that guarantee a certain degree of stability and longevity in the workplace. This is especially true within technical fields such as executives, sales & marketing personnel, or specialized experts who possess unique skill sets. Although this practice may appear rare due to the general rule of “employment-at-will” which predominates most states, these types of contracts are becoming increasingly popular when both parties wish to establish long-term work relationships with one another.
To ensure productivity and retain valuable staff members, companies are increasingly introducing restrictive clauses like those enforcing non-compete or solicitation agreements with similar organizations. These restrictions typically apply to personnel who will be exposed to confidential information regarding the business’s operations. If you’re in need of advice or guidance for a contract dilemma, contact our NYC contract review and negotiations lawyer at Spasojevich Law, P.C. today.
Negotiating The Terms Of Your Employment Contract
No matter the occupation or industry, an employment contract can set out a range of conditions and regulations. Although each agreement will differ depending on the position and sector, they usually cover topics such as:
- Type and amount of compensation, including salary, commissions, and bonuses
- Benefits, including health coverage, paid time off, stock options, retirement funds, and more
- The employee’s job requirements and performance goals, alongside the employer’s evaluation criteria to measure success, will be outlined
- Grounds for termination of the employment contract
- Nondisclosure agreements regarding the company’s confidential information
- Once the employment relationship ends, noncompete agreements limit an employee’s ability to find work in the future
- Length of the term of employment and any options for renewal
- Severance agreements
Once you sign an employment contract, you are legally obligated to uphold its terms; otherwise, there can be severe legal repercussions. For instance, if after six months of agreeing to a two-year term of employment, you find another job with better prospects, leaving the first position prior to completion could bring serious penalties.
Employment contracts can be detrimental to your future prospects if they contain certain terms. A noncompete clause, for instance, may dramatically reduce the possible jobs you’ll have access to when the contract expires – frequently these clauses are overly wide-ranging so it’s essential that you revise them substantially before signing off on them.
With the thrill of landing a job, many individuals overlook unfavorable contract terms or hastily sign without looking them over. This could cause disastrous repercussions in the future. Therefore, if your prospective employment entails agreeing to any sort of agreement, do not settle for anything less than getting it reviewed by an experienced NYC contract attorney specializing in labor laws before signing off on it.
At Spasojevich Law, P.C., we understand the significance of an employment contract. Therefore, let us help you identify any unfair or unfavorable terms and negotiate for better ones that work in your favor. Plus, our experienced NYC contract review and negotiations lawyer will be able to provide legal advice on what the best decision could be based on the agreement’s implications. If you need assistance reviewing your next contract then don’t hesitate – to contact us today!
Employment Contract Violations
When an employer breaks their agreement with an employee, the consequences can be devastating financially. This violation of contract may come in various forms, including:
- Failing to fully compensate the employee as agreed
- Trying to alter the terms of the agreement
- Terminating the employee for reasons the agreement does not allow
When an employer neglects to honor the agreement of your contract, including failing to pay you commissions or bonuses, it can result in substantial losses for employees to whom they are legally entitled too. Don’t let this happen to you; take action and demand what is rightfully yours.
If you believe that your termination was unwarranted and in violation of the employment contract, it is worth looking into further. Employment contracts are frequently built upon a basis of cause for termination; meaning an employee failed to meet expectations or engaged in misconduct or transgressed employment policies. However, employers will often cover up their own motives—such as discrimination or retribution —in order to justify why they let someone go which breaks the agreement between them. In these cases, wrongfully terminated employees can take action by demanding reinstatement and full compensation for all money lost during this period.
What Should I Look for in an Employment Contract?
Employers and employees in New York, without a contract, function on an at-will basis. This means that either party can quit or be fired at any time, with no prior notice or justification required of the departing entity. That being said, having an employment contract changes this dynamic entirely; your rights to continued employment are now dictated by its clauses. If your employer were to fire you contrary to what is specified within the agreement – you would have grounds for filing a breach of contract lawsuit against them for damages caused due to their violation of it.
An employment contract is an essential document for both employers and employees, providing legal protection for both parties. It could be a few pages of concise language or several lengthy ones that are densely packed with legalese; either way, the agreement will typically cover the employee’s start date, salary and benefits offered, as well as other terms and conditions of their job. When finalizing the contract, it is critical to note if there are any predetermined grounds for termination. These could be stated specifically in the agreement or more general promises of continued employment when good performance and behavior have been displayed among other criteria. It is important to review these conditions thoroughly in case you feel wrongfully terminated down the road.
Employment contracts can often be verbal or written, as well as implied through the employer’s actions and statements in their policies. If you’re uncertain if an employment contract exists between yourself and your employer, then it is wise to contact a knowledgeable NYC employment lawyer who can review your case and help decide whether it applies – along with what its limits are.
Contact Our NYC Contract Review & Negotiations Lawyer Today
No matter how much care goes into crafting contracts, disputes between businesses still arise from time to time. Thankfully, an NYC contract lawyer can assist you with minimizing these issues and preventing costly litigation. If your company is currently entangled in a contract dispute, Spasojevich Law, P.C. can review your case and recommend personalized solutions crafted with your best interests in mind. Reach out to our office today for reliable legal counsel on handling contract disputes.