FTC's Final Rule on Non-Competes and Impact on Senior Executives

This week, AmSpa CEO, Alex R. Thiersch, JD, speaks with Patrick O’Brien, JD, of AmSpa and Grace Lee, JD, of ByrdAdatto. The attorneys discuss the contents of the Federal Trade Commission’s (FTC) final ruling on the Non-Compete Clause Rule, describing its potential impact on medical spas, the lawsuits challenging the rule and when it may go into effect. Their conversation includes:

• What non-competes are and what the new FTC rule would prohibit;
• Which workers are subject and the exception for senior executives;
• Whether this may impact medical directors and training investments;
• What changes you should or should not make as an employer; and
• The expected outlook of this rule.

To read their analyses about the FTC’s final rule against non-compete agreements, please view Lee’s article at ByrdAdatto, and O’Brien’s article on the AmSpa Now! Blog.

Music by Ghost Score.