Sorry, friends,
gotta side with Zip on this one (and GOOD TO SEE YA ZIPSTER!)
My first gig was a handshake gig. After a cuppla years together we were growing at such a rate that it made our lawyer nervous that we had no written contract...so we all got together and wrote our contract...
"Guys, whatcha think about a no-competition clause?"
*partners ponder...*
"Nahhh.."
"OK. "
etc etc
Guess I'm old school too. If you hire me, and you like me, and I like you, great! If not, you were here first, so I'll close my eyes, randomly drop my finger on the map of the US, and I'll go work there.
On the other side of the spectrum, in my new gig, if I wanted the job (back in 2004), I had to sign a lengthy, full-of-legal-mumbo-jumbo contract. Didnt like the style, but I wanted the job, so I signed it. Turns out I lucked out since everything worked out, but if I wanna leave, theres a 5 month termination clause, which I think is entirely too long. On the other hand, if they wanna get rid of me, they have to give me 5 months notice as well.
Not saying one is better than the other, since there are advantages and disadvantages to both. Just saying I prefer the former, handshake-kinda contract.