Partners Karen Lent and Kenneth Schwartz take a closer look at the FTC’s recently proposed Non-Compete Clause Rule, which would
- prevent employers from entering into non-compete clauses in employment contracts and
- require employers to inform current and former employees that existing non-competes are invalid.
Karen and Ken conclude that it would be difficult to overstate the effect this rule would have on thousands, if not millions, of existing non-compete agreements.