Non-Compete Ban Halted (For Now)
We wanted to share some important news regarding the FTC non-compete rule with you. As you may know, the rule was scheduled to take effect on September 4, 2024. However, on August 20, 2024, Judge Ada Brown of the Northern District of Texas, in the case of Ryan v. FTC, issued a summary judgment order […]
What do the Latest FTC and DOL Employment Regulations Mean for Your Business?
It’s been a busy couple of weeks in employment law, and we know staying informed about regulatory changes is crucial for your business’s success and compliance. That’s why we are here to break it down. Understanding the FTC Ban on Noncompete Agreements and New DOL Salary Thresholds
Client Alert: FTC Noncompete Agreements
We just finished watching an open meeting of the FTC. By a vote of 3-2, the Commission voted to approve a final rule that would ban noncompete agreements (as well as require employers to rescind such agreements that are currently in effect). The dissenting commissioners believed, among other reasons, that the FTC did not have […]
Does Your Non-Compete Agreement Violate Federal Law?
As an employer, you are most likely very aware of your competitors for both customers and employees. You certainly don’t want to invest time and resources training an employee only to see them jump ship and work for a competitor, taking with them the knowledge, training, and proprietary information/trade secrets they gained in your employ. […]
Is the Biden Administration Eliminating Non-Compete Agreements?
On July 9, 2021, President Biden signed an Executive Order on Promoting Competition in the American Economy. The EO outlines a need to create a fair, open, and competitive marketplace. A lot of the areas identified are non-employment related areas such as cable/internet providers and costs, farming, and government contracts. The EO does, however, contain […]
How a Non Compete Lawyer Dallas TX Can Help Protect Your Business
If you’re just starting a business, you may need a non compete lawyer Dallas TX to help with ensure that an employee you hire does not take your ideas and start up their own company. By drafting a non-compete clause in employee contracts, you can help prevent an employee from competing against you and taking your […]
