BusinessDen quotes Sherman & Howard labor and employment attorney Elizabeth Chilcoat

BusinessDen.com this week quoted Sherman & Howard Attorney Elizabeth Chilcoat in a story on a new law that will make it harder to restrict employee non-compete agreements.

The article is entitled “New law makes it harder to restrict employees from going to competitor.”

The story features Chilcoat, an attorney from Jester Gibson & Moore, and the CEO of Turning the Corner, a human resources firm.

The article states: “Before last week, non-compete agreements were legal and enforceable if signed by executives, managers or anyone with some access to trade secrets. Since last week, they’re only legal and enforceable if they are signed by workers making more than $101,000 and if they are no broader than necessary to protect trade secrets.”

Chilcoat told a large gathering at a Breakfast Briefing at Sherman & Howard recently: “The question was, is there anything good in this law for employers?” The answer is no.”

“I think this is almost certainly going to increase the amount of litigation that goes on between businesses and their former workers about misappropriation of trade secrets and protection of trade secrets,” Chilcoat said in the article.

Read the full article on BusinessDen.com. (subscription required)