Plano Employment Lawyers: Drafting Employment Contracts and Independent Contractor Agreements In order to do business, you have to entrust key employees with valuable confidential information pertaining to methods of production, secret formulae, customer lists, and other trade secrets. There is no way around it. But when a top employee leaves your company, she or he is in a position to take that information to a competitor – or to become your competitor – because of the training they received and the information they gained while in your employ. That’s why it’s critical to protect your business up front with a well-crafted employment contract containing specific, well-defined protective clauses and agreements. Our North Texas employment attorneys can give you the tools you need to keep your workforce happy and productive and your business profitable and protected. By staying up to date on employment law developments, our firm is able to deliver enforceable employment contracts tailored to your needs, with: Non-compete clauses Non-disclosure agreements Detailed information regarding executive pay, benefits and severance contracts Independent Contractor Agreements Hiring an independent contractor comes with substantial benefits, but could create problems if not correctly handled. For example, you cannot simply call someone an independent contractor; they must meet the classification criteria of an independent contractor under federal and state law. The IRS may charge back taxes, penalties and interest to an employer who misclassifies an employee as an independent contractor, even if the mistake is innocent and accidental. Other government agencies can also penalize you for not complying with regulations regarding workers’ compensation, unemployment insurance, health insurance, and wage and hours laws – laws that are applicable to employees, but not independent contractors. To avoid misclassification, we review the details of your employment relationship and suggest steps you can take to fulfill and preserve the independent contractor status. We will draft terms in your independent contractor agreement that clearly and appropriately identifies the workers’ independent position with your company. Learn More About Employment Contracts That Protect Your Best Interests Clear employment provisions benefit both parties by avoiding disputes and, ultimately, litigation down the road. We strategically negotiate contract terms that preserve your company’s interests. If you’re working with independent contractors or other employees who require an employment contract, consult with our North Texas employment contract attorneys. Call our firm at (214) 225-9138 or contact us online.