Monthly Archives: May 2024
Tear Up All Non-Compete Agreements? Not so Fast
On April 23, 2024, the Federal Trade Commission (“FTC”) announced its Non-Compete Clause Rule (“Non-Compete Rule”)[1] which prohibits parties from both entering new non-competition agreements and enforcing existing non-competition agreements with limited exception.[2] As the rule was published in the Federal Register on May 7, 2024, the Non-Compete Rule has an effective date of… Read More »
Waiver of Arbitration Rights Under Florida Law
Arbitration is a form of alternative dispute resolution used to handle disputes between parties outside the court system. In this process, the parties have the chance to present evidence to an arbitrator or sometimes a panel of arbitrators if more than one arbitrator is used; an arbitrator is a neutral third-party who serves a… Read More »
New Federal Rule Prohibits Enforcement of Non-Compete Agreements
Since January 2023, the Federal Trade Commission (“FTC”) has considered adopting a new nationwide rule that would prohibit employers from not only entering but also enforcing non-compete agreements with employees (subject to certain exceptions, of course). According to the FTC, non-compete agreements negatively affect competition by hindering the ability of workers t change jobs… Read More »