Non-Compete Law

By Christine Lamb In Colorado, the status of restrictive employment agreements—commonly known as non-compete agreements—will soon change dramatically due to a new bill, recently passed by lawmakers and expected to be signed by Governor Polis. Taking effect in August 2022, if signed, the law will dramatically impact the use of non-competes in the state. Violations could result in significant financial penalties of up to $5,000 per worker impacted, compensatory damages,