New York Employment Transition Attorneys
When any registered individual, whether it be a retail producer, investment banker, research analyst, trader or management executive decides to seek a change of employment, there are many reasons to retain experienced counsel early in the process. In particular we also advise both brokers and firms regarding the "Protocol for Broker Recruiting". The potential problems are many, and our firm has guided dozens through the process. We offer intelligent, strategic advocacy on behalf of employers and employees in the financial, securities, and investment industries.
Our attorneys will take every necessary action to protect your rights in contract formation, negotiations, and disputes. Contact us for an initial consultation regarding stockbroker employment or the investment industry.
At Lax & Neville, LLP, we work with some of the most well-regarded recruiters/head hunters in the country; however, we have no conflicts with the larger firms or wire houses. In fact, we are fiercely independent of all these firms. We have negotiated contracts on behalf of employees going to virtually all large firms nationwide and are aware of the contract terms that are generally negotiable and those that are not. When hiring an attorney, employers and employees should be aware that there are many issues that are unique to the securities industry because it is highly regulated by both governmental and self-regulatory bodies.
Employment law matters in the financial services and broker dealer sector, including employment agreements with restrictive covenants (non-competes), confidentiality agreements, corporate policies on trade secrets, intellectual property and proprietary business information.
Many brokers and investment industry employees come too late, with a proposed contract in hand. It is best to involve an attorney at the earliest stages to protect your rights and avoid potentially costly litigation.
Our firm provides personal service with extensive resources to offer quick turnaround. Our attorneys are experienced with all of the following:
- Contract negotiation on behalf of employers and employees in the securities industry;
- Stock broker employment contracts, including litigation and arbitration of disputes related to breach of contract or severance agreements;
- Comprehensive consultations with retail producers and firms regarding the Protocol for Broker Recruiting and transitions with an eye towards avoiding costly litigation;
- Assistance of producers in the review of existing agreements and counsel them through the recruiting process;
- Broker transitions including contract negotiations. We have negotiated contracts with every major securities firm and can effectively protect your rights;
- Resolving Promissory Note cases for firms and producers;
- Negotiating/reviewing retention packages and severance agreements.
Contact Lax & Neville, LLP, for a free consultation with an experienced securities and employment litigation lawyer. Serving clients nationwide in securities, employment and investment law. Located on the corner of 39th Street & Broadway, New York, NY.
