An Altered Landscape for Non-Compete Agreements in Massachusetts? Learn The Latest on the Proposed Non-Compete Agreement Legislation

Often a bone of contention among employers, venture capitalists, and employees, non-compete agreements are now at the center of debate on Beacon Hill.  The proposed "Act Relative to Non-Compete Agreements" could significantly change Massachusetts law regarding non-compete agreements.  If passed, this legislation, currently pending before a House of Representatives Committee, would clarify the types of non-compete agreements that would be enforceable in Massachusetts.  Among other changes, the bill proposes to:

• Impose strict timing parameters within which non-compete agreements must be signed;
• Require substantial compensation as consideration to current employees signing new non-compete agreements;
• Prohibit enforcement of non-compete agreements against employees earning less than $75,000 annually;
• Implement severe durational limits;
• Mandate attorneys' fees for employees; and
• Eliminate the inevitable disclosure doctrine.

Learn about all of these proposed changes and more while you can still lend a voice to the legislative debate.

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For questions, please contact Michele Ryan at mryan@seyfarth.com .