Partner Don Schroeder was quoted in a SHRM article titled, “What Does President Biden’s Order on Noncompetes Mean for Employers?,” which covers President Biden’s recently signed executive order that encourages the Federal Trade Commission to ban or limit noncompete agreements in order to promote competition and economic growth.
“Don Schroeder, an attorney with Foley & Lardner in Boston, doesn’t think a wholesale ban on noncompetes is likely, but he does think employers can realistically expect the government to narrow the employment categories for which such agreements can be used,” the article states. “It’s really important for employers to make sure they are aware of the applicable state laws,” Don said.
