Proposed Federal Ban on Non-Compete Agreements in Labor Contracts

On January 5, 2023, the U.S. Federal Trade Commission moved to establish a rule that would block companies from limiting their employees’ ability to work for rivals or starting a competing business months or years after their employment. The proposal would also require companies to nullify any existing non-competes within six months. Non-compete agreements have…

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Executive Separation Agreements & Severance Packages

Unless you have a contract of employment with a specific term of employment, employers typically do not have an obligation to provide a Separation Agreement or severance pay. Generally, however, an executive employee holding a high or mid-level management position will be asked by many employers to sign a Separation Agreement, which usually includes a…

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