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Leigh Ann Buziak of Blank Rome.  Courtesy photo Leigh Ann Buziak of Blank Rome. Courtesy photo

Great businesses know that great opportunities come from every challenge, and the challenges from the global pandemic have been substantial. Employers are furloughing and laying off employees, and yet, other sectors of the economy are capitalizing on the uncertainty in the labor market. In fact, somewhat counter-intuitively, many companies are using this time to make big moves and hire top talent from the competition. Employees are also using this unconventional moment to reconsider career paths and trajectories, and to shape where and how they want to work in the future. This crisis-turned-opportunity has put a spotlight on the risk to the things that matter most to a business: investments in confidential information, research and development, customer relationships, goodwill, and specialized training provided to employees. Businesses considering hiring top talent with high-level access to these assets should proceed with taking advantage of the opportunity. However, like everything else in the global pandemic, companies should do so carefully and safely, considering the following issues carefully in making their plans.

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