FTC Announces Proposed Ban on Noncompete Agreements
On January 5, 2023, the Federal Trade Commission announced its proposal of a new rule that would ban employers from imposing noncompete clauses on their workers and invalidate nearly all existing noncompetes currently in effect. According to the FTC, this will affect 30 million, or one in five, American workers currently covered by a noncompete agreement.
This Update discusses the proposed rule, its potential effects, and what steps employers may take.
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Age of Disruption
We live in a disruptive age, with ever-accelerating advances in technology largely fueling the disruption permeating almost every aspect of our lives. We created the Age of Disruption blog with the goal of exploring the emerging technologies reshaping society and the business and legal considerations that they raise.