No Noncompete Clauses? What Does That Look Like?

Businesses are challenging the FTC’s recent ban on noncompete clauses, but would a world without noncompetes really be so bad for business?

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(Image credit: Getty Images)

The FTC’s decision to ban noncompete clauses created huge waves in the business community when it was announced last month.

While the reaction from business groups has been swift (with federal lawsuits already filed in Texas), the businesses that try to cling to the protection of noncompete clauses are going to be the ones that miss out on the opportunity that this new employee freedom creates.

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Scott Leonard
Managing Director, Alvarez & Marsal

Scott Leonard is a Managing Director at Alvarez & Marsal. He has a rich experience leading large scale, successful transformations and a strong track record of driving superior shareholder returns. Previously, Scott served as CEO, CFO, President and board director of public and private equity companies.