Non-compete agreements can be an effective method for protecting confidential and proprietary business information. However, over the past several years, it seems that non-compete agreements have been falling out of favor. After the Federal Trade Commission (FTC) recently came too close for comfort with its attempt to ban non-compete agreements, and with the National Labor Relations Board (NLRB) doubling down on its own anti-non-compete positions on October 7, 2024, employers would be wise to consider how else they can protect their confidential and proprietary business information. One way is to take the necessary action to have that information deemed “trade secrets...
Trade Secret Protection as a “Trade-Off” for Non-Competes
Dinsmore & Shohl LLP, October 2024
