By Melissa Muro LaMere
On May possibly 24, 2023, Minnesota Governor Tim Walz signed SF 3035, banning all noncompete agreements entered into on or soon after July 1, 2023. Minnesota now joins the developing list of states putting important limitations on the use of restrictive covenants in employment. Right here are six important points each company with Minnesota workers demands to know about the new law:
Employers with Minnesota personnel or independent contractors must take into account functioning with employment counsel to make certain their agreements and processes are compliant with the new law, and that the company is effectively-positioned to guard its important relationships and confidential facts in light of this important modify to Minnesota law.
Melissa is admitted to practice law in Minnesota and is not admitted in California or any other state.