Thought Leaders in Law and Business
Thought Leaders in Law and Business is a podcast presented by Hodgson Russ LLP in partnership with The Business Journals. It takes a close look at our nation’s pressing issues, from the financial health of banking institutions to the legalization of marijuana and state residency taxes. In other words, we’re talking about hot-button issues. Join us for exclusive conversations with host John Tebeau, publisher of Buffalo Business First, and Hodgson Russ attorneys who break down each topic and how it affects our communities. New episodes will drop bi-weekly on Wednesdays. Subscribe to this miniseries at Apple Podcasts, Spotify or wherever you get your podcasts.
Thought Leaders in Law and Business
Will noncompete agreements be banned in 2024?
In this episode of the Thought Leaders in Law and Business podcast, presented by Hodgson Russ and The Business Journals, Jodyann Galvin, a partner with the law firm, discusses the Federal Trade Commission’s (FTC) proposed rule to ban certain types of noncompete agreements across the nation and the likelihood it will become law in 2024.
“One in five employees has either a current noncompete obligation or has had one in the past, and many employees don't really understand what the contours of that obligation are,” Galvin said. “What the FTC concluded was noncompetes generally are bad for business, they're bad for innovation and they're bad for employees being able to move around in the fields they have chosen.”
The opinions about this hot topic vary widely and many commentators are questioning whether the FTC has the authority to be involved in a state matter, according to Galvin.
Listen to this podcast to learn more.
Learn more about Hodgson Russ at hodgsonruss.com.
This podcast does not provide legal advice.
