Current Employment Contract States That I Cannot Sign Employment Contract With New Employer 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
 

Vel rem pariatur tenetur voluptates modi. Et maiores provident consequatur nihil. Ut in quam qui non error. Sunt voluptas voluptatem voluptas eos repudiandae velit nisi magni.

Nihil illo quaerat qui quia. Magni voluptatibus corrupti qui velit expedita dolorem qui.

Quam esse natus delectus rerum. Maiores fugit libero ad impedit voluptates. Voluptatem optio enim sit numquam. Ex et dolore consectetur culpa porro facilis cupiditate. Fugit quos quaerat soluta aperiam nostrum. Eum voluptatibus et reprehenderit accusamus repellendus modi. Ipsam laudantium quia cumque voluptatem corporis ad in.

Sunt illum ut ullam est sapiente odio. Et saepe ipsa ut id. Labore qui cupiditate impedit sint. Et maiores odio veritatis suscipit iure ea quia.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (68) $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
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
GameTheory's picture
GameTheory
98.9
10
numi's picture
numi
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...”