Noncompete Decision: N.J. Lawyers Express Some Concern — And A Lot of Caution

Sills Cummis Employment and Labor Practice Group Chair Patricia Prezioso is quoted in this article covering the April 23, 2024 vote by the Federal Trade Commission to ban most noncompete agreements. Prezioso stated, “Sills has been encouraging its clients and working with many on trade secret protection programs, which now should be viewed as critically important in light of this further development in an already weakening national landscape concerning noncompete enforcement. Trade secret laws can protect an employer’s sensitive nonpublic information, and the ability to protect such information starts with demonstrating that the company seeking enforcement took reasonable steps to protect its information.”