Photo: Ijeab via Adobe Stock Employment Lawyers in Big Law Optimistic About More Work Ahead After Noncompete Rule
"If it did go into effect, certainly it's going to create a demand for people to make sure their nonsolicitation provisions are tightly drafted," said Ogletree partner Christine Bestor Townsend.
April 26, 2024 at 12:13 PM
5 minute read
The original version of this story was published on Daily Report
What You Need to Know
- Lawyers with labor and employment-focused firms say clients have showered them with questions about noncompete agreements.
- An FTC rule outlawing noncompete agreements could take effect as early as August.
- The lawyers foresee increased demand for their services but also believe legal challenges could derail the rule.
Labor and employment partners at large law firms say clients have showered them with questions about a federal agency's rule banning noncompete agreements.
But the lawyers said they can't be sure whether they'll see increased demand for their services until the rule survives an expected flurry of court challenges.
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