FTC Proposed Rule to Ban Employment-Based Noncompetes: Key Workplace Implications
Recording of a 90-minute CLE video webinar with Q&A
This CLE webinar will brief employment counsel, business and IP litigators, and HR personnel on the Federal Trade Commission’s (FTC) new proposed rule prohibiting the use of employment-based noncompetes in virtually all circumstances that the FTC contends violate Section 5 of the Federal Trade Commission Act (FTCA). The panel will highlight recent FTC regulatory developments, potential limits, exceptions, and best practices for counsel to take when advising clients on potential alternatives for safeguarding confidential information and trade secrets and for protecting other lawful business interests.
- Overview of the Proposed Rule
- Key definitions, limits, and other considerations
- Employer and employee implications
- Best practices for protecting legitimate business interests
The panel will cover these and other key issues:
- What were the regulatory developments leading up to the FTC's proposed ban on noncompetes?
- What are next steps and how can counsel guide clients in navigating the practical and legal considerations of the FTC's proposed rule?
- What are best practices for carefully crafting other types of restrictive employment covenants such as non-solicitation and non-disclosure agreements?
Beck Reed Riden
Mr. Beck is a business, trade secrets, and employee mobility litigator, nationally recognized for his trade secrets and... | Read More
Mr. Beck is a business, trade secrets, and employee mobility litigator, nationally recognized for his trade secrets and noncompete experience. A leading authority on the law of trade secrets, noncompetes, and employee mobility, he literally wrote the law, wrote the book, and teaches the course on noncompete law in Massachusetts. Similarly, Mr. Beck revised the Massachusetts Uniform Trade Secrets Act, wrote the books Trade Secrets Law for the Massachusetts Practitioner (1st ed. MCLE 2019) and Negotiating, Drafting, and Enforcing Noncompetition Agreements and Related Restrictive Covenants (6th ed., MCLE, Inc. 2021), teaches the course Trade Secrets and Restrictive Covenants at Boston University School of Law, and co-hosts a podcast on trade secrets and restrictive covenants called Fairly Competing.Close
Amit S. Bindra
The Prinz Law Firm
Mr. Bindra focuses his practice on employment and executive agreements, noncompete, non-solicit and trade secret... | Read More
Mr. Bindra focuses his practice on employment and executive agreements, noncompete, non-solicit and trade secret disputes, business consulting, executive career counseling, appeals, whistleblower claims, employment arbitration agreements, unpaid wages, and employment discrimination. He has extensive experience working with executives physicians, and corporations. Mr. Bindra was also one of the lead architects and drafters of an amendment to the Illinois Freedom to Work Act that significantly reformed how noncompete and non-solicit agreements are litigated in the state of Illinois. He testified in support of the law and helped bring together a bipartisan coalition of support. As a result, the amendment passed with unanimous support in the Illinois legislature in 2021.Close
Erik W. Weibust
Epstein Becker & Green
Mr. Weibust represents clients in commercial litigation matters, including franchise, distribution, and real estate... | Read More
Mr. Weibust represents clients in commercial litigation matters, including franchise, distribution, and real estate disputes, to name a few. He has substantial case management experience from the early stages of litigation through the appeals process, including investigations, discovery, mediation, and trial and arbitration, as well as litigation avoidance.Close