Illinois Legislature Passes Non-Compete Reform—New Requirements for New Restrictive Covenants

Illinois employers should be aware of legislation that unanimously passed the Illinois General Assembly over Memorial Day weekend and is expected to be signed into law by Governor Pritzker on or before August 30, 2021. This legislation will affect non-competition and non-solicitation agreements entered into on or after January 1, 2022. The legislation will not impact the validity of covenants entered into prior to 2022....
By: Neal, Gerber & Eisenberg LLP

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