Chicago Employment Contract Attorney
Most employment is considered employment at will, with no written contracts. However, certain positions require employees with specialized training or talent. In these situations, companies are under pressure in order to persuade the people they need to join their company. At the same time, the right position may also be difficult for an employee to find, due to his or her specialized training. Employment contracts are very common in these types of situations. Traditionally, the term used to describe these contracts was “executive compensation agreement,” but these agreements are used for a variety of positions.
If you are one of these people, and are offered an employment contract, do NOT just sign it. It is critical to review it with an employment contract attorney to make sure that it does not create potential issues for you later, as well as ensure that you are getting everything you require.
There are multiple types of employment contracts that companies will require its employees to sign in order to keep their jobs. Common examples of these contracts are non-compete agreements and severance agreements. Visit our Non-Compete page and our Severance page for more specific information on these kinds of contracts and negotiations.
Negotiating An Employment Contract
The negotiation process can be delicate. The first concern is to carefully analyze your needs, which is typically a matter of compensation, but often there are other considerations, including ones that a client may not even realize, that require the assistance of aa employment contract attorney.
Once we have established what the client needs, the next step is to gather as much information as possible from the employer. It is important to remember that the goal here is to make new friends, not new enemies’. By understanding both parties’ goals we can usually negotiate the best possible contract without impacting that relationship. Creative contract drafting often makes this possible and easier for the other side to agree, increasing the chances of preserving the relationship for everyone’s benefit.
While there are often many points of agreement, there may be unresolved issues that will require concessions and negotiation. It is an employment contract attorney’s job to make careful arguments in order to reach an agreement by pointing out it benefit the employer with as little cost and harm to the continuing working relationship. In most cases, we are able to successfully negotiate a contract that meets the client’s needs. In very rare circumstances, both parties are unable to reach an agreement and often we find through this negotiation process that this is not a relationship that will work and the agreement is not worth doing.
Once an agreement has been negotiated, an employment contract attorney will work with you and the employer to draft or edit the agreement. It is important the written agreement accurately and complete reflects the agreement.
Whether we represent an individual or a company, the employment attorneys at Maduff & Maduff understand the needs of each client and how to balance them. Our goal is to get the best possible outcome for our clients, as quickly as possible. Understanding the needs of both sides will enable us to better negotiate for our client. Having an experienced Chicago employment contract attorney carefully negotiates an executive compensation package, or any other employment contract, has continuously paid off for our clients.
As your Chicago employment attorney, we represent clients in a variety of areas including Non-Compete Agreements, Sexual Orientation and Sexual Harassment.