Description
On April 23, 2024, the FTC implemented a rule banning noncompetes nationally amid increasing state-level scrutiny. This unprecedented rule intends to ban restrictive noncompete clauses between workers and employers which are declared to be an unfair method of competition. As written, the rule will prohibit broadly written confidentiality agreements, nonsolicitation agreements, no-hire agreements, and other restrictive covenants if they are deemed to prevent an employee from competing. However, employers claim the ruling is vague and ambiguously worded, leaving it open to future challenges.
Given the significant impact of the FTC's new rule on employers and employees in virtually every industry, how should you be advising your clients about their current practices and what they should be doing now?
Our expert faculty will take a 360° view regarding issues involving former employers, employees, and new employers. This comprehensive webcast also will consider the new rule’s effect on current lawsuits, as well as on compensation packages.
Topics to be discussed include:
- Exploring the scopre and timing of the rule and who’s impacted and who’s not
- The status of existing covenants
- Requirements for notice concerning existing noncompete provisions
- Potential legal challenges to the rule and how they will impact its operation
- What companies and employees should be doing now
Join us for a practical analysis of the new rule, its potential for companies and employees, and what steps employers should be taking now. Questions will be submitted live to the faculty and all registrants will receive downloadable course materials to accompany the program.