In today’s evolving business landscape, understanding the nuances of employment contracts is crucial for companies aiming to safeguard their interests, foster positive work environments, and attract top talent. At the Life Sciences BC workshop, “Understanding the Value of Employment Contracts,” presented by Gowling WLG on January 30, 2024. Paul Armitage and Jonathan Lam, Partners at Gowling WLG, shared what you needed to know about employment contracts, best practices and what to avoid, and underscored crucial clauses for safeguarding your intellectual property.
Presentations were followed by a fireside chat moderated by LSBC’s President & CEO, Wendy Hurlburt. Attendees had the opportunity to engage in Q&A during the discussion and network with industry leaders and fellow attendees before and after the program.
In this session, you learned about:
- Choosing between short-term and indefinite-term contracts
- Crafting specific contract terms, including severance clauses, confidentiality protections, non-competition, and non-solicitation obligations
- Emphasizing appropriate intellectual property provisions in employment contracts
- Understanding ownership of intellectual property by employees and contractors at law
- Managing transfer and assignment of intellectual property to the company, including use and terms of written agreements
- Legal requirements for terms in every employment contract
Confirmed Speakers:
