New Non-Compete Laws Don’t Affect CPA Firms

Statue of scales of justiceNon-solicitation is a different matter.

By Marc Rosenberg
The Rosenberg Practice Management Library

In July, President Biden signed an executive order that made it more difficult for non-compete agreements, in general, to be enforceable. In Illinois, a more restrictive version of this change is ahead of the curve, making it more challenging for Illinois employers to enter into non-compete and non-solicitation agreements with employees. I have heard that New York and perhaps other states have done the same.

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For CPA firms, it’s much ado about nothing. I’ll explain why in a moment.