By Melissa Muro LaMere
On Could 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 considerable limitations on the use of restrictive covenants in employment. Right here are six crucial items every single small business with Minnesota workers desires to know about the new law:
Employers with Minnesota workers or independent contractors need to contemplate operating with employment counsel to guarantee their agreements and processes are compliant with the new law, and that the small business is nicely-positioned to guard its crucial relationships and confidential information and facts in light of this considerable alter to Minnesota law.
Melissa is admitted to practice law in Minnesota and is not admitted in California or any other state.