Are Non-Competes Headed For Extinction?

Moritt Hock & Hamroff LLP
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Regulation of non-competition agreements or provisions has traditionally been governed by state law. As set forth below, however, a new Executive Order may signal that change is coming on the federal level.

Background -

A non-compete clause or provision (“Non-compete”) typically restricts an individual’s entitlement to work for their former employer’s competitors (however narrowly or broadly defined) or operate their own competing business both during and after leaving employment. Non-competes vary in duration and geographic scope and may be part of a standalone agreement, a larger employment agreement, or a narrower set of restrictions.

Please see full Article below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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