{"id":8396,"date":"2024-04-25T15:19:13","date_gmt":"2024-04-25T20:19:13","guid":{"rendered":"https:\/\/www.bcclegal.com\/?p=8396"},"modified":"2024-04-25T15:25:07","modified_gmt":"2024-04-25T20:25:07","slug":"important-update-on-ftcs-new-rule-regarding-non-compete-clauses","status":"publish","type":"post","link":"https:\/\/www.bcclegal.com\/2024\/04\/25\/important-update-on-ftcs-new-rule-regarding-non-compete-clauses\/","title":{"rendered":"Important Update on FTC’s New Rule Regarding Non-Compete Clauses"},"content":{"rendered":"\n
On April 23, 2024 the Federal Trade Commission announced a significant development that could impact your business, specifically regarding your employment contracts and policies. The FTC rule, if successfully enacted, could bring about substantial changes to the use of non-compete clauses in your agreements. Below is a summary of the key points of the FTC\u2019s Non-Compete Clause Rule:<\/p>\n\n\n\n
Implications for Your Business<\/strong>: This new rule underscores the need for your business to review and possibly revise existing employment contracts and company policies, especially those concerning non-compete agreements with your employees. It\u2019s imperative to ensure compliance with the new rule while still protecting your business interests.<\/p>\n\n\n\n While this Final Rule will most certainly be the subject of legal challenges, we recommend conducting a comprehensive review of your current non-compete agreements and employment policies to identify any adjustments needed in light of this new regulatory landscape. Depending on the specifics of your business and your workforce, adjustments may range from minor amendments to more substantial contractual overhauls.<\/p>\n\n\n\n In light of these changes, it would be prudent to seek professional legal advice to navigate this transition smoothly and ensure your business practices remain compliant while safeguarding your competitive edge.<\/p>\n","protected":false},"excerpt":{"rendered":" On April 23, 2024 the Federal Trade Commission announced a significant development that could impact your business, specifically regarding your employment contracts and policies. The FTC rule, if successfully enacted, could bring about substantial changes to the use of non-compete clauses in your agreements. Below is a summary of the key points of the FTC\u2019s […]<\/p>\n","protected":false},"author":16,"featured_media":8398,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","inline_featured_image":false,"advgb_blocks_editor_width":"","advgb_blocks_columns_visual_guide":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[127,254,236],"tags":[],"aioseo_notices":[],"author_meta":{"display_name":"Schuyler D. Geller","author_link":"https:\/\/www.bcclegal.com\/author\/schuyler-d-geller\/"},"featured_img":"https:\/\/www.bcclegal.com\/wp-content\/uploads\/Important-Update-on-FTCs-New-Rule-Regarding-Non-Compete-Clauses-300x139.jpg","coauthors":[],"tax_additional":{"categories":{"linked":["Business & Commercial Litigation<\/a>","Business Services<\/a>","Labor and Employment<\/a>"],"unlinked":["Business & Commercial Litigation<\/span>","Business Services<\/span>","Labor and Employment<\/span>"]}},"comment_count":0,"relative_dates":{"created":"Posted 2 weeks ago","modified":"Updated 2 weeks ago"},"absolute_dates":{"created":"Posted on April 25, 2024","modified":"Updated on April 25, 2024"},"absolute_dates_time":{"created":"Posted on April 25, 2024 3:19 pm","modified":"Updated on April 25, 2024 3:25 pm"},"featured_img_caption":"","series_order":"","_links":{"self":[{"href":"https:\/\/www.bcclegal.com\/wp-json\/wp\/v2\/posts\/8396"}],"collection":[{"href":"https:\/\/www.bcclegal.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bcclegal.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bcclegal.com\/wp-json\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bcclegal.com\/wp-json\/wp\/v2\/comments?post=8396"}],"version-history":[{"count":1,"href":"https:\/\/www.bcclegal.com\/wp-json\/wp\/v2\/posts\/8396\/revisions"}],"predecessor-version":[{"id":8397,"href":"https:\/\/www.bcclegal.com\/wp-json\/wp\/v2\/posts\/8396\/revisions\/8397"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bcclegal.com\/wp-json\/wp\/v2\/media\/8398"}],"wp:attachment":[{"href":"https:\/\/www.bcclegal.com\/wp-json\/wp\/v2\/media?parent=8396"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bcclegal.com\/wp-json\/wp\/v2\/categories?post=8396"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bcclegal.com\/wp-json\/wp\/v2\/tags?post=8396"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}