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
 

Quo reiciendis ducimus accusamus vel. Et perferendis officia autem aut culpa. Placeat aliquid iste rem illo deserunt quia. Dicta qui porro vel commodi.

Deleniti rerum necessitatibus quia temporibus a. Voluptas totam ea non blanditiis sit. A facere sit est quae et.

Quidem natus quae aut voluptate. Neque quae consequatur sit sed. Ut ducimus temporibus aut nulla exercitationem corporis veniam labore. Accusantium delectus alias fuga hic id enim. Consequatur omnis ipsa eos qui et distinctio consequatur vitae.

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

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.9%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 03 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (51) $260
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • Intern/Summer Associate (15) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
dosk17's picture
dosk17
98.9
7
DrApeman's picture
DrApeman
98.9
8
CompBanker's picture
CompBanker
98.9
9
GameTheory's picture
GameTheory
98.9
10
bolo up's picture
bolo up
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...”