Related to: Non-Compete Agreements

FTC Proposes New Rule to Ban Use Of Non-compete Agreements With Workers

On January 5, 2023, the Federal Trade Commission (“FTC”) proposed a new rule that would ban employers from entering into or enforcing existing non-compete agreements with “workers.”  This is not limited to only paid employees, but also to any “natural person who works, whether paid or unpaid, for an employer,” which includes an employee, independent contractor, extern,…

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The Wisconsin Court of Appeals Deals Another Blow To Post-Employment Restrictions By Invalidating A Common Confidentiality/Non-Disclosure Provision

Wisconsin courts do not like post-employment restrictions and this most recent decision attacks a very common requirement intended to prevent employees from stealing confidential information.  We have long advised our clients about these court practices and we recommend employers regularly review and assess their restrictive covenants. In this most recent decision, the Wisconsin Court of…

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The Importance of Regularly Reviewing and Updating Your Company’s Restrictive Covenant Agreements

Restrictive covenants restrain what would otherwise be lawful competition by current and/or former employees. They serve to protect, among other legitimate business interests, a company’s trade secrets, confidential and/or proprietary information and documents, customers and the goodwill the company has developed with said customers, and employees and the intellectual capital they possess. If a company’s…

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