Crisis Prompts Employees To Review The Fine Print

Law360, New York (October 3, 2008, 12:00 AM EDT) -- Facing ongoing turmoil on Wall Street, the financial services industry is increasingly anxious about what the future will bring, prompting both workers and employers to take stock of their positions and scrutinize the fine print on their employment agreements.

“In financial services, the real value of every entity is going to be the individuals, the contacts, the education they’ve got,” said Mark Poerio, employment partner at Paul Hastings Janofsky & Walker LLP. “When those people become free agents, it’s not only totally disruptive, they’re taking value...
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