And how to safeguard your non-solicitation contract clauses
It didn’t take long for the U.S. Chamber of Commerce to try to block a sweeping regulation that prohibits the use of employment clauses that prevent workers from leaving and taking jobs with competing firms.
The large business trade association filed a lawsuit on Wednesday – the day after the Federal Trade Commission approved a final rule that would eliminate the use of non-compete agreements for almost every U.S. employee.
But insurers and insurance brokerages should not be lulled to sleep by the Chamber’s and other legal challenges that are certain to emerge, said Matt Prewitt (pictured above, left), a partner at ArentFox Schiff. They need to start preparing for the profound changes in business practices that the rule will usher in.