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RA-A-A-ID!

Creepy competitors raiding your work force? The law can be the perfect bug spray.

By Steven C. Bahls

Opinions expressed by Entrepreneur contributors are their own.

Your biggest competitor may have stolen valuable assets fromyour business without ever setting foot on your premises. If yourcompetitor is hiring away your employees, you may be losing morethan the cost of hiring and training replacements.

"The assets of a business are no longer its plant, propertyand fixtures," says employment-law attorney Jeffrey Pasek ofCozen & O'Conner in Philadelphia. "The assets of thebusiness walk home each night in the hearts and minds of theemployees." Which is precisely why your competitors may wantto raid your work force, either to take advantage of the talentyou've worked so hard to nurture or to gain access toconfidential information about your business.

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