Employment Law Navigating Restrictive Covenants and the FTC Final Rule on NonCompetes

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In this recorded session, we discussed the Restrictive Covenants and the FTC Final Rule on Non-Competes. • Attorney Maureen Abbey Scorese and Client Services Manager Arianna Gonzalez covered the following: • Key elements of restrictive covenants, including non-compete agreements, non-solicitation clauses, and confidentiality agreements. • Insights into the Federal Trade Commission’s (FTC) final rule on non-competes and its implications for employers and employees. • Practical tips for drafting enforceable restrictive covenants and avoiding common pitfalls. • Strategies for navigating the legal landscape in light of the FTC’s recent actions. • • Don’t miss this opportunity to stay ahead of the curve on the latest developments in employment law. • ........................................................ • Key moments • 00:00 - Introduction • 01:01 - What are the key components of a non-compete agreement, and how can employers ensure they are enforceable? • 01:42 - How do non-solicitation clauses differ from non-compete agreements, and when should employers use them? • 02:46 - What is the importance of confidentiality agreements in protecting sensitive business information? • 05:46 - How do state laws impact the enforceability of restrictive covenants, and what should employers be aware of when drafting them? • 07:07 - Can you explain the FTC’s final rule on non-competes and the rationale behind it? • 08:43 - How will the FTC’s final rule affect employers who currently use non-compete agreements? • 11:03 - Are there any legal challenges or exemptions to the FTC’s final rule that employers should be aware of? • 13:58 - What are the best practices for drafting restrictive covenants that are likely to be upheld in court? • 17:20 - How should restrictive covenants be tailored to different roles within a company? • 18:49 - How can severability clauses help protect the enforceability of restrictive covenants? • 20:33 - What steps should employers take to review and revise existing non-compete agreements in light of the FTC’s rule? • 21:32 - How should employers navigate conflicts between state laws and the FTC’s federal rule on non-competes? • 22:39 - What are the risks of litigation for employers who attempt to enforce restrictive covenants under the new legal framework? • 23:32 - What alternative strategies can employers use to protect their business interests if non-compete agreements are restricted or banned? • 24:33 - How can employers stay informed about ongoing changes in the law regarding restrictive covenants and non-compete agreements? • ........................................................ • To know more about CHUGH, LLP, visit our website at https://www.chugh.com • For further information, send an email to [email protected] • ........................................................ • • You can also follow us on: • LinkedIn- / chugh • Instagram- / chughllp • Facebook- / chughllp • Twitter- / chughllp • #employmentlaw #ftc #ftcrule #federaltradecommission

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