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Thompson Hine LLP, a full-service business law firm with approximately 400 lawyers in 8 offices, was ranked number 1 in the category “Most innovative North American law firms: New working models” by The Financial Times and was 1 of 7 firms shortlisted for The American Lawyer’s inaugural Legal Services Innovation Award. The firm has been recognized by the National Law Journal as a Legal Technology Trailblazer and featured by Bloomberg for its innovative service delivery models, which drive accuracy and predictability. The firm’s commitment to innovation is embodied in Thompson Hine SmartPaTHTM – a smarter way to work – predictable, efficient and aligned with client goals. For more information, please visit ThompsonHine.com and ThompsonHine.com/SmartPaTH.

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On April 23, the Federal Trade Commission (FTC) <a href="https://www.thompsonhine.com/insights/ftc-issues-final-rule-banning-noncompete-agreements-future-remains-uncertain-as-lawsuits-challenging-the-final-rule-have-already-been-filed/" target="_blank" rel="noreferrer noopener">issued a final rule</a> that is a near total ban on employers’ use of noncompetition agreements. The rule not only bans the use of such agreements in the future, but also voids almost all existing agreements. Here’s what you need to know:

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On May 1, Thompson Hine hosted a webinar to examine these issues. <a href="https://youtu.be/HTktf8hRTms" target="_blank" rel="noreferrer noopener">Click here to view a recording of the webinar (YouTube).</a>

This advisory bulletin may be reproduced, in whole or in part, with the prior permission of Thompson Hine LLP and acknowledgment of its source and copyright. This publication is intended to inform clients about legal matters of current interest. It is not intended as legal advice. Readers should not act upon the information contained in it without professional counsel.

This document may be considered attorney advertising in some jurisdictions.

https://admin.thompsonhine.com/wp-content/uploads/2024/04/Labor-Employment-Alert-Business-Groups-Challenging-New-FTC-Rule-Banning-Noncompete-Agreements.pdf

Business Groups Challenging New FTC Rule Banning Noncompete Agreements

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