Today, the US Chamber of Commerce held a press conference about tomorrow’s FTC announcement and vote on the final noncompete rule. Here’s what they said…
The FTC just announced that it will be voting on its proposed rule to ban noncompetes at 2:00 PM ET on Tuesday, April 23, 2024. Stay tuned!
The noncompete bill frenzy continues: 32 states with 72 noncompete bills so far, and 6 more in Congress, 7 dead, and 1 (in Washington) passed.
On June 6, Washington’s noncompete law will place new restrictions on the use of noncompetes, nonsolicitation agreements, and no-service agreements.
The noncompete bill frenzy continues: 31 states with 70 noncompete bills so far, and 6 more in Congress, 3 dead, 0 passed, and 2 getting close.
The FTC sends a letter to an Oregon state senator reinforcing that the FTC is likely headed toward a full ban on noncompetes, but implying it is concerned about its power to do so.
Our 50-state (plus DC) chart of noncompete laws has been updated for the new year.
Eleven states and Washington, D.C. have wage thresholds or other criteria that must be satisfied before a noncompete can be used. Several of those states have thresholds for other restrictive covenants as well. Seven increased in 2024. Are your noncompetes and other restrictive covenants compliant?
Companies frequently ask whether they should request a copy of any restrictive covenants from job candidates. Should they? We answer the question.
Our updated graph of noncompete, trade secret, and DTSA decisions is now available. Noncompete decisions remain level, while trade secret decisions continue to trend up.