Webinar Recap! Overview of Non-Compete Laws and Enforcement Points from 2022 | Seyfarth Shaw

Within the remaining 2022 webinar, Seyfarth attorneys Kate Perrelli, Dan Hart, and Dallin Wilson mentioned new and pending laws and enforcement points for non-competes.

As a conclusion to this webinar, we compiled a abstract of takeaways:

  • The state regulation on restrictive covenant agreements continues to evolve, with extra states imposing compensation thresholds, discover necessities, penalties, and different obligations on employers that make enforcement of restrictive covenants harder. Vital adjustments went into impact in 2022 in Colorado, the District of Columbia, Illinois, and Oregon, with extra states prone to make vital adjustments in 2023.
  • Elevated federal consideration to restrictive covenants, together with consideration from the FTC and attainable federal laws, locations extra dangers on employers.
  • Methods for rolling out and imposing restrictive covenants must be fastidiously thought of on the time of drafting. Penalties, payment shifting provisions, and putative worker class actions add to the dangers that employers face.
  • Employers ought to revise their template agreements now in the event that they haven’t been up to date up to now yr.

You possibly can view a recording of the webinar and all different webinars in our Commerce Secrets and techniques Webinar Sequence right here.

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