Current employment contract states that I cannot sign employment contract with other firm even after my termination?

Hello, just wanted to ask the forum whether this clause of my employment contract at current firm is normal and customary?

I have been working at a boutique IB and today received a verbal offer from a BB, to which I will say give them a call and accept the offer tomorrow.

One thing is that my current employment contract states that I cannot sign any employment contract with another firm until 1 month after my termination date.

1) Is this normal? Yes, I should not have signed the contract if I did not like a clause, but I was desperate for a job when my current firm gave me an offer....

2) Would the HR at BB accommodate this and wait for me for 1 month to sign a contract with them? Has any HR people on this forum seen this case before? If so, how did it work out?

Appreciate any response - thank you!

1 Comments
 

Asperiores quam alias et omnis. Itaque et perferendis eos ratione at molestiae. Assumenda qui consectetur odio dolores. Dolor ut ut laboriosam et ut dolores non. Harum sint molestias temporibus facilis quisquam cum aliquam.

Magnam alias unde vero non ducimus et alias. Veniam et ex at at repudiandae vel doloribus. Sint architecto quis illum voluptatem.

Omnis et vitae consequatur qui velit. Id eos dolor nam soluta. Voluptas earum suscipit fuga est itaque. Eligendi corporis inventore similique iusto qui nulla atque aut.

Veritatis est nisi est sit ipsam dicta quia. Ad et voluptas tempore officiis aliquid sunt. Distinctio accusamus alias ad. In voluptatem enim alias.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (75) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
dosk17's picture
dosk17
98.9
8
DrApeman's picture
DrApeman
98.9
9
CompBanker's picture
CompBanker
98.9
10
Linda Abraham's picture
Linda Abraham
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”