Category Archives: Non-Compete Agreement
FTC Finalizes Rule Banning Non-Compete Agreements (Litigation Expected)
On April 23rd, 2024, the Federal Trade Commission (FTC) announced major new restrictions on non-compete agreements. The agency is seeking to dramatically reduce non-compete agreements on the grounds that they improperly stifle competition and reduce wages. With that being said, business interests groups have already sued to block the implementation of the regulation Here,… Read More »
New York Governor Vetoes Proposed State Ban on Employee Non-Compete Agreements
In December of 2023, New York Governor Kathy Hochul vetoed a state bill that would have effectively outlawed employee non-compete agreements. As such, workplace non-compete remain lawful—assuming they meet existing legal requirements—in the state. Here, our New York City non-compete agreement lawyer explains the law, the veto, and what it means for the future… Read More »
Are Non-Compete Agreements Allowed In New Jersey?
As an employee in New Jersey, an employer may ask you to sign a non-compete agreement or a contract with a non-compete provision. This raises an important question: Are non-competes allowed in New Jersey? The answer is “yes”—but they must meet certain standards. Here, our New Jersey non-compete agreement lawyers explain the most important… Read More »