Hull & Chandler, P.A.’s Post

Business owners and employers understandably have questions about the FTC’s announced ban on noncompetes. I’ve outlined the basics in this article.

Check out this post:

I recognize the rationale behind non-compete agreements and the challenges they pose to employment. While I fully support NDAs for safeguarding sensitive information, it will be interesting to see how organizations adapt to the ban on non-competes. As employees move to competitors or start their own ventures, companies will need to find new ways to protect their intellectual property. https://lnkd.in/guNFGhtP.

As many of you may have seen, yesterday the FTC passed a Final Rule banning enforcement of almost all noncompete agreements nationwide. Check out this article that we just posted regarding the Final Rule in which our attorneys detail the provisions of the Final Rule and provide some advice on how you can prepare for its effective date of August 22, 2024. If you have any questions regarding how your business can prepare to comply with the Final Rule, feel free to shoot me a message. https://lnkd.in/g9FWnSvd

For those interested, here's a quick summary of the new FTC rule banning noncompetes. Interesting to note that legal challenges have already been filed!

While the FTC has voted to issue its final rule banning non-competes, lawsuits threaten to delay or derail the rule's implementation. See answers to common questions about the FTC rule in my team's article. #employmentlaw #noncompete #employmentlawyer

There is a lot of confusion about what the FTC’s vote this week means for employers and non-compete agreements. Read our firm’s article to get answers to common questions. #noncompete #employmentlaw #teamwinthrop.

📣 Big news for Companies and Employers who utilize Non-Compete Agreements. The FTC announces a new rule that would ban the use of Non-Competes nationwide. 🛑 What does this mean for you? Find out in our latest article! 💼 🖊️ https://lnkd.in/ef293kmF #NonCompete #EmploymentLaw #LegalNews #Contracts #RAD

Big news on non-competes? I'm no lawyer, but am paying attention because it's a big deal for my clients, and for LeadCoverage. As a small business (~40 employees) and the largest Go-to-Market Consultancy in a niche industry, non-competes just help me sleep better at night. Any lawyers who know more than I do willing to share a perspective?

Quick read below on the FTC's new rule banning non-competes and the legal challenges it faces.