Friday Factoid: White House Concerned About Use of Non-Competes

6/16/16

By Jonathan Wachs, Esq., Offit Kurman, Attorneys at Law

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

If you have any questions regarding the content of this communication, please contact Jonathan R. Wachs:

jwachs@offitkurman.com | 301.575.0302.

If you would like to subscribe to receive Friday Factoids® in your inbox click here.

Recent Deals

Interested in advertising your deals? Contact Edwin Warfield.