Watch for Legal Traps When You Quit a Job To Work for a Rival

By JOANN LUBLIN (WSJ) -- Ready to join a rival, you urge several subordinates and clients to come along. You assume you're safe because you lack a noncompete agreement. Big mistake. Your poaching attempt may bring you big trouble. A growing number of companies sue job hoppers for luring staffers or customers while still employed there. Such lawsuits often claim breach of fiduciary duty. One financial-services concern waged a nasty court fight that stalled defections for months after a manager handed out applications for his new workplace during an office party shortly before he joined the competitor. Read full article below.

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