Illinois General Assembly considers Illinois Not to Compete Act
Illinois businesses should be aware that Illinois House Bill 4923 would radically alter the law regarding non-competition agreements in Illinois by creating the Illinois Not to Compete Act. This Act would restrict the enforceability of non-competition agreements in several key respects and create numerous rebuttable presumptions [...]
By Paul E. Starkman
There have been recent reports of some large companies trying to lock their in-house attorneys into non-competition, non-solicitation and other restrictive covenants. Other companies thinking about jumping onto this bandwagon may find that they cannot treat their in-house counsel like other employees when it comes to post-employment restrictions.
As a general rule, in most [...]