Non-compete clauses are often seen as essential safeguards for employers to protect their intellectual property.

However, did you know that recent Federal Trade Commission (FTC) rulings are set to eliminate most non-competes?

This week Iván Watanabe and Evan Wohl sit down with Jim Magner, Head of Thought Leadership for Guardian Business Resource Center (BRC), to explore the recent FTC ban on non-competes and what it means for employers and employees alike. You’ll gain deep insights into the implications, legal challenges, and strategic decisions that both parties must navigate in this rapidly changing landscape.

Iván, Evan, and Jim discuss:

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• The evolution of non-competes and their current status, particularly the FTC’s proposed ban.
  
• The mandatory written notice that employers must provide to employees with existing non-compete agreements by September 4th.
  
• Specific exemptions to the rule, including for senior executives.
  
• Federal versus state jurisdictional complexities and ongoing court cases.
  
• Practical advice for employers and employees in light of the upcoming changes.
  
• And more!
  

Resources:

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• FTC Announces Rule Banning Noncompetes 
  
• Guardian
  

Connect with Iván Watanabe:

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• Opus Private Client, LLC 
  
• iwatanabe@opus-pc.com
  
• LinkedIn: Iván Watanabe
  
• YouTube: OPUS Private Client, LLC
  

Connect with Evan Wohl:

• 
  
• Opus Private Client, LLC 
  
• ewohl@opus-pc.com 
  
• LinkedIn: Evan Wohl
  
• YouTube: OPUS Private Client, LLC
  

Connect with Jim Magner:

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• Email: james_magner@glic.com
  

About Jim Magner:

Jim Magner is an advanced planning attorney at The Guardian Life Insurance Company of America®. Jim previously worked as an attorney advisor in the IRS’s Office of Chief Counsel in Washington, D.C., where he wrote private and public rulings on estate, gift, GST and charitable remainder trust issues.