Non-Compete Law

6-Steps-Employers-Should-Take-Now-in-Response-to-Colorado’s-New-Non-Compete-Law

6 Steps Employers Should Take Now in Response to Colorado’s New 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,

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