Not too long ago, I shared some big news about the bold move by FTC Commissioner, Lina Khan, who announced a ban on non-compete agreements in employment contracts. This rule, finalized in April, was set to shake things up for businesses and employees alike. But, as we all know, things in the legal world are rarely straightforward. Recent developments in the federal courts brought new twists to this story. What Read More
Winning the Due Diligence Game: Preparation is Paramount
What is your company doing to get ready for the due diligence stage of your next fundraising or M&A deal? Ideally, you’ve got an experienced team of legal, accounting, and finance experts ready to guide you through the deal process from due diligence to closing, but the key to a successful deal starts well before the deal kicks into motion. Once the term sheet is negotiated, the due diligence process starts. Read More
Why Every Business Needs a Legal Health Check
Storms come for every business. How well your business weathers the storm depends on your level of preparation when it arrives. Most businesses are rife with unknown risks awaiting a storm to ignite them. Often we know the risks but can’t find the time or budget to deal with them. Known or unknown, unaddressed risks are cracks in the foundation waiting to topple your business when the storm comes. And come it will, Read More
The FTC Drops the Mic on Non-Competes
In a move that has employers everywhere scrambling, the Federal Trade Commission (FTC) just dropped the mic on non-compete agreements. On April 23, 2024, the agency finalized a rule that essentially bans these restrictive covenants in employment contracts. The FTC's mic drop moment has huge implications for employers across the country. Here are the key takeaways: The rule prohibits employers from entering into new Read More