Milbank LLP is a leading international law firm that provides innovative legal services from 12 offices around the world. Founded in New York over 150 years ago, Milbank helps the world’s leading commercial, financial and industrial enterprises, as well as institutions, individuals and governments, achieve their strategic objectives.
On April 23, 2024, the Federal Trade Commission (the "FTC") issued the Non-Compete Clause Rule (the "Final Rule") that bans all new non-compete clauses with employees at all levels, including senior executives, after the effective date.
On April 23, 2024, the Federal Trade Commission (the
"FTC") issued the Non-Compete Clause Rule (the
"Final Rule") that bans all new non-compete clauses with
employees at all levels, including senior executives, after the
effective date. The Final Rule will be effective 120 days after the
date of publication in the Federal Register. The following client
insights highlights key provisions of the Final Rule.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.