Jonathan R. Wachs
On May 5, 2016, the White House released a report analyzing the use of non-competition agreements across the country. At the same time, it announced that it, along with the U.S. Departments of the Treasury and Labor, will conduct discussions regarding non-competition agreements, their consequences and enforcement. The Report cited a study which notes a 61% increase from 2002 to 2013 in the number of employees getting sued by former companies for breach of non-competition agreements.
Source: Whitehouse.gov
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jwachs@offitkurman.com | 301.575.0302.
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