Akin Gump has issued a labor and employment alert detailing recent state statues on noncompetition and other restrictive covenants. The key points cover tight labor markets which are leading courts and legislatures to closely scrutinize noncompetes and other restrictive covenants; changes in an employee’s job and/or the company’s business, it may be prudent to proactively amend or supplement the existing standardized documents to prophylactically further shield the company against threats to its customer relationships, employees and confidential information; and that regular review and maintenance can help maximize employers’ ability to protect their businesses against breaches of former employees’ contractual agreements and unfair competition.
Have Your Noncompete Agreements Died of Old Age?
