Illinois legislature makes substantial limiting changes to state law on non-compete and non-solicitation agreements
By EsqSocial Corporation 15/06/21
On May 31, 2021, the Illinois legislature unanimously passed Senate Bill 672, which, if signed by Governor Pritzker, would significantly reform the Illinois landscape governing non-competition and non-solicitation agreements. The bill, which takes effect January 1, 2022, is expected to be signed by the Governor. Here are some key takeaways: Employers cannot enter into enforceable non-compete agreements with Illinois employees who have expected earnings less than $75,000....
By: Thompson Coburn LLP