Main Line: 479.443.2705
Fax Line: 479.443.2718
Email: info@rmp.law
Contact RMP
Main Line: 479.443.2705
Fax Line: 479.443.2718
Email: info@rmp.law
Bentonville – 479-553-9800
Jonesboro – 870-394-5200
Little Rock – 501-954-9000
Main Line: 479.443.2705
Fax Line: 479.443.2718
Email: info@rmp.law
Bentonville – 479-553-9800
Jonesboro – 870-394-5200
Little Rock – 501-954-9000
On Tuesday, the Federal Trade Commission issued a new Rule putting an end to employment-related non-compete clauses. In its justification for the rule, the FTC called non-compete clauses “an unfair method of competition” and stated it is a “violation for [employers] to… enter into non-compete clauses (“non-competes”) with workers.” In today’s very competitive labor market, the new FTC Rule creates a significant disruption for employers.
This new FTC provision—set to take effect in 120 days—renders existing non-compete agreements unenforceable. Existing non-compete agreements with senior executives will remain enforceable, although employers cannot require newly hired senior executives to sign such an agreement.
After the Rule takes effect, employers are required to deliver personal notice to employees (past and present) who signed a non-compete agreement informing them agreements are no longer enforceable. In the notice, employers must inform employees they are free to accept any job or start any business, even if it is directly competitive with the employer.
Compliance with the FTC Rule is not optional. Employers should consider new ways they can protect against a former employee gaining a competitive advantage by using the employer- provided training, the relationships made possible by the employer, or the confidential information learned from the employer. RMP can assist you in navigating this disruption and can provide advice on how to most effectively protect your vital business interests going forward.
RMP Attorneys At Law has an experienced Employment Law Attorney team dedicated to helping you navigate these changes. If you have any questions or would like guidance, reach out to one of our employment attorneys, Tim Hutchinson, Seth Haines, Larry McCredy, or Taylor Baltz or call 479.443.2705.
Alex Miller, Joe Reece, John Neihouse and Collier Moore are speaking at the Top Estate Planning Techniques seminar today in association with the National Business Institute.
ALEX G. MILLER, with Reece Moore Pendergraft LLP in Fayetteville, Arkansas focuses his practice in the areas of estate planning; business planning and transactions; and IRS and state tax disputes. He is admitted to practice in Arkansas and the United States Tax Court. Mr. Miller is a member of the Arkansas Bar Association; the Benton County Bar Association and the Washington County Bar Association. He earned his B.A. degree from Arkansas State University, his LL.M. in Taxation from the University of San Diego and his J.D. degree from the University of Arkansas at Little Rock. Mr. Miller has been selected for Northwest Business Journal‘s Top 40 Under 40.
COLLIER MOORE is a partner with Reece Moore Pendergraft LLP, where he has a focused practice in the areas of long-term care planning/asset protection; estate planning; special Needs planning; and guardianship. He earned his degree in Accounting, magna cum laude, from Ouachita Baptist University. He completed his J.D. degree, cum laude, from the University of Arkansas School of Law in Fayetteville. Mr. Moore earned his Master of Laws in Tax from the University of Missouri in Kansas City. He completed his Masters of Laws in Elder Law, with distinction, from Stetson University College of Law in Tampa Bay, Florida, one of the nation’s premiere programs for Elder Law and Special Needs Planning. Mr. Moore has also received the designation as a Certified Elder Law Attorney by the National Elder Law Foundation, an ABA accredited organization. He is also a member of the National Academy of Elder Law Attorneys, the Academy of Special Needs Planners, the Arkansas Bar Association (Elder Law section), as well as ElderCounsel.
JOHN P. NEIHOUSE, with the firm of Reece Moore Pendergraft LLP, practices in the areas of trusts, estate planning and probate; tax-exempt organizations and charitable giving; taxation law and tax planning; and IRS and state tax collections and litigation. He is admitted to the bars of Arkansas, Oklahoma, Texas (inactive) and the U.S. tax Court. Mr. Neihouse is a member of the Arkansas Bar Association, the Oklahoma Bar Association and the State Bar of Texas. He earned his B.S. degree in accounting from Arkansas Tech University; his LL.M. in Taxation from Southern Methodist University and his J.D. degree, with honors, from the University of Arkansas at Little Rock.
JOSEPH D. REECE is a partner with the Fayetteville law firm of Reece Moore Pendergraft LLP, where his practice is focused in the areas of estate planning, business and individual taxation, trust and estate administration, probate and business planning. Mr. Reece serves various charitable and educational institutions, including membership on the Board of Trustees of the University of the Ozarks, the Alumni Advisory Board of the University of the Ozarks, the Board of Arkansas Athletes Outreach and as general counsel for the Board of Directors of Quality Life Associates, Inc. He earned his B.S. degree in accounting from the University of the Ozarks, his J.D. degree from Walter F. George School of Law and his LL.M. degree in estate planning from the Phillip G. Heckerling Institute at the University of Miami School of Law.
The information provided on this website does not constitute legal advice. Instead, all information, content, and materials available on this site are for general informational purposes only. Information on this website may not constitute the most up-to-date legal or other information. Readers of this website should contact their attorney to obtain advice with respect to any particular legal matter.
Alex Miller, Joe Reece, John Neihouse and Collier Moore are speaking at the Top Estate Planning Techniques seminar today in association with the National Business Institute.
ALEX G. MILLER, with Reece Moore Pendergraft LLP in Fayetteville, Arkansas focuses his practice in the areas of estate planning; business planning and transactions; and IRS and state tax disputes. He is admitted to practice in Arkansas and the United States Tax Court. Mr. Miller is a member of the Arkansas Bar Association; the Benton County Bar Association and the Washington County Bar Association. He earned his B.A. degree from Arkansas State University, his LL.M. in Taxation from the University of San Diego and his J.D. degree from the University of Arkansas at Little Rock. Mr. Miller has been selected for Northwest Business Journal‘s Top 40 Under 40.
COLLIER MOORE is a partner with Reece Moore Pendergraft LLP, where he has a focused practice in the areas of long-term care planning/asset protection; estate planning; special Needs planning; and guardianship. He earned his degree in Accounting, magna cum laude, from Ouachita Baptist University. He completed his J.D. degree, cum laude, from the University of Arkansas School of Law in Fayetteville. Mr. Moore earned his Master of Laws in Tax from the University of Missouri in Kansas City. He completed his Masters of Laws in Elder Law, with distinction, from Stetson University College of Law in Tampa Bay, Florida, one of the nation’s premiere programs for Elder Law and Special Needs Planning. Mr. Moore has also received the designation as a Certified Elder Law Attorney by the National Elder Law Foundation, an ABA accredited organization. He is also a member of the National Academy of Elder Law Attorneys, the Academy of Special Needs Planners, the Arkansas Bar Association (Elder Law section), as well as ElderCounsel.
JOHN P. NEIHOUSE, with the firm of Reece Moore Pendergraft LLP, practices in the areas of trusts, estate planning and probate; tax-exempt organizations and charitable giving; taxation law and tax planning; and IRS and state tax collections and litigation. He is admitted to the bars of Arkansas, Oklahoma, Texas (inactive) and the U.S. tax Court. Mr. Neihouse is a member of the Arkansas Bar Association, the Oklahoma Bar Association and the State Bar of Texas. He earned his B.S. degree in accounting from Arkansas Tech University; his LL.M. in Taxation from Southern Methodist University and his J.D. degree, with honors, from the University of Arkansas at Little Rock.
JOSEPH D. REECE is a partner with the Fayetteville law firm of Reece Moore Pendergraft LLP, where his practice is focused in the areas of estate planning, business and individual taxation, trust and estate administration, probate and business planning. Mr. Reece serves various charitable and educational institutions, including membership on the Board of Trustees of the University of the Ozarks, the Alumni Advisory Board of the University of the Ozarks, the Board of Arkansas Athletes Outreach and as general counsel for the Board of Directors of Quality Life Associates, Inc. He earned his B.S. degree in accounting from the University of the Ozarks, his J.D. degree from Walter F. George School of Law and his LL.M. degree in estate planning from the Phillip G. Heckerling Institute at the University of Miami School of Law.
The information provided on this website does not constitute legal advice. Instead, all information, content, and materials available on this site are for general informational purposes only. Information on this website may not constitute the most up-to-date legal or other information. Readers of this website should contact their attorney to obtain advice with respect to any particular legal matter.
Main Line: 479.443.2705
Fax Line: 479.443.2718
Email: info@rmp.law
Bentonville – 479-553-9800
Jonesboro – 870-394-5200
Little Rock – 501-954-9000
JOHNSON
5519 Hackett Street, Suite 300
Springdale, AR 72762
BENTONVILLE
809 SW A Street, Suite 105
Bentonville, AR 72712
JONESBORO
710 Windover Road, Suite B
Jonesboro, AR 72401
LITTLE ROCK
11601 Pleasant Ridge, #301,
Little Rock, AR 72212