⚖️ Chuck’s Legal Corner

Dear Andwise Community,

I hope this message finds you well. As part of our commitment to keep you informed on developments that impact your professional life, we want to update you about an important upcoming event.

FTC Decision on Non-Compete Agreements

On April 23, 2024, the Federal Trade Commission (FTC) will hold a commission meeting at 2 PM Eastern Time to vote on a Proposed Rule to ban non-compete clauses. This decision could significantly affect physicians across the United States, including you.

What This Means for You

The proposed rule is designed to apply retroactively to all existing non-compete agreements. If passed, it may affect your current employment contract or any non-compete provisions that operate as a de facto non-compete. Understanding the details of this rule is crucial, especially if you are considering a job change or renegotiating your contract terms.

Next Steps

We recommend staying tuned to the outcomes of this meeting and considering how the potential changes could influence your career choices and contract negotiations. To assist you in navigating these changes, we will provide a follow-up with detailed analysis and recommendations once the decision is made.

We understand how vital it is to stay ahead of changes that impact your practice and professional life. Please feel free to reach out if you have any immediate questions or need further clarification.

Thank you for trusting us to keep you informed.

Warm regards,
Chuck Kable, Esq.
Legal Advisor, Andwise