Filter By Service Area
Filter By Title
Filter By Office

Resources

Federal Trade Commission Votes to Ban Most Non-Compete Agreements Throughout the United States

The FTC just voted to approve a final rule that will effectively ban new non-compete agreements and clauses. In addition, the rule voids all existing non-compete agreements and requires employers to notify current and former employees that their non-compete provisions are no longer in effect.  (This provision does not apply to senior executives.)  

The rule also applies to some agreements requiring employees to refund employers for training costs.  

Although the rule does not specifically apply to other types of limitations, such as nondisclosure agreements, the FTC indicated that they could be subject to the rule if they were so broad that they had the effect of a noncompete agreement.  

The new rule goes into effect 120 days after its publication in the Federal Register.  It is highly likely that the rule will be even further delayed by legal challenges.  For right now, employers need not make any notifications to workers regarding existing noncompetition agreements or provisions.

Federal Trade Commission Votes to Ban Most Non-Compete Agreements Throughout the United States

The FTC just voted to approve a final rule that will effectively ban new non-compete agreements and clauses. In addition, the rule voids all existing non-compete agreements and requires employers to notify current and former employees that their non-compete provisions are no longer in effect.  (This provision does not apply to senior executives.)  

The rule also applies to some agreements requiring employees to refund employers for training costs.  

Although the rule does not specifically apply to other types of limitations, such as nondisclosure agreements, the FTC indicated that they could be subject to the rule if they were so broad that they had the effect of a noncompete agreement.  

The new rule goes into effect 120 days after its publication in the Federal Register.  It is highly likely that the rule will be even further delayed by legal challenges.  For right now, employers need not make any notifications to workers regarding existing noncompetition agreements or provisions.

Federal Trade Commission Votes to Ban Most Non-Compete Agreements Throughout the United States

The FTC just voted to approve a final rule that will effectively ban new non-compete agreements and clauses. In addition, the rule voids all existing non-compete agreements and requires employers to notify current and former employees that their non-compete provisions are no longer in effect.  (This provision does not apply to senior executives.)  

The rule also applies to some agreements requiring employees to refund employers for training costs.  

Although the rule does not specifically apply to other types of limitations, such as nondisclosure agreements, the FTC indicated that they could be subject to the rule if they were so broad that they had the effect of a noncompete agreement.  

The new rule goes into effect 120 days after its publication in the Federal Register.  It is highly likely that the rule will be even further delayed by legal challenges.  For right now, employers need not make any notifications to workers regarding existing noncompetition agreements or provisions.

Federal Trade Commission Votes to Ban Most Non-Compete Agreements Throughout the United States

The FTC just voted to approve a final rule that will effectively ban new non-compete agreements and clauses. In addition, the rule voids all existing non-compete agreements and requires employers to notify current and former employees that their non-compete provisions are no longer in effect.  (This provision does not apply to senior executives.)  

The rule also applies to some agreements requiring employees to refund employers for training costs.  

Although the rule does not specifically apply to other types of limitations, such as nondisclosure agreements, the FTC indicated that they could be subject to the rule if they were so broad that they had the effect of a noncompete agreement.  

The new rule goes into effect 120 days after its publication in the Federal Register.  It is highly likely that the rule will be even further delayed by legal challenges.  For right now, employers need not make any notifications to workers regarding existing noncompetition agreements or provisions.

Federal Trade Commission Votes to Ban Most Non-Compete Agreements Throughout the United States

The FTC just voted to approve a final rule that will effectively ban new non-compete agreements and clauses. In addition, the rule voids all existing non-compete agreements and requires employers to notify current and former employees that their non-compete provisions are no longer in effect.  (This provision does not apply to senior executives.)  

The rule also applies to some agreements requiring employees to refund employers for training costs.  

Although the rule does not specifically apply to other types of limitations, such as nondisclosure agreements, the FTC indicated that they could be subject to the rule if they were so broad that they had the effect of a noncompete agreement.  

The new rule goes into effect 120 days after its publication in the Federal Register.  It is highly likely that the rule will be even further delayed by legal challenges.  For right now, employers need not make any notifications to workers regarding existing noncompetition agreements or provisions.

Federal Trade Commission Votes to Ban Most Non-Compete Agreements Throughout the United States

The FTC just voted to approve a final rule that will effectively ban new non-compete agreements and clauses. In addition, the rule voids all existing non-compete agreements and requires employers to notify current and former employees that their non-compete provisions are no longer in effect.  (This provision does not apply to senior executives.)  

The rule also applies to some agreements requiring employees to refund employers for training costs.  

Although the rule does not specifically apply to other types of limitations, such as nondisclosure agreements, the FTC indicated that they could be subject to the rule if they were so broad that they had the effect of a noncompete agreement.  

The new rule goes into effect 120 days after its publication in the Federal Register.  It is highly likely that the rule will be even further delayed by legal challenges.  For right now, employers need not make any notifications to workers regarding existing noncompetition agreements or provisions.