On April 23, 2024, the Federal Trade Commission issued its final rule banning the use of most employee noncompetes throughout the United States. It is estimated that this new rule will impact at least 30 million employment contracts, including confidentiality agreements and other forms of employee restrictive covenants. Several lawsuits have already been filed to stay that rule and challenge its validity.
My partner Chris Tackett and I will be providing a 1-hour webinar for the Ohio State Bar Association entitled “The FTC Just Issued A Rule Banning Noncompetes: What you need to know and should be doing to protect your company” on Thursday, June 6, 2024 at 1:00 p.m. ET. In-house counsel, human resources professionals and senior executives will learn the specifics of the rule, who is affected by the rule, and steps they can take now to protect their trade secrets and customer relationships.
You can register for the seminar here.