While forfeiture-for-competition agreements are not always familiar to business executives and HR leaders, they can be a highly effective tool for protecting organizations from unfair competition by former employees. In many cases, these agreements offer a simpler and more reliable alternative to traditional non-competition and non-solicitation covenants.

Recent court decisions in key jurisdictions have strengthened the enforceability of forfeiture-for-competition agreements, expanding their availability to employers with multi-state and even international workforces. As regulatory scrutiny of non-compete agreements continues to increase, many businesses are exploring whether this approach may better align with their risk tolerance and workforce strategy.

This webinar, presented by Akerman’s Labor & Employment Practice Group, will provide a practical, business-focused overview of how forfeiture-for-competition agreements work, how courts treat them, and when they may be an effective option for your organization.

Key Topics Will Include:

• What distinguishes forfeiture-for-competition agreements from traditional restrictive covenants
• Why these agreements can be enforced without traditional reasonableness analysis or injunction standards
• Recent case law developments that have widened and bolstered enforceability
• How new state non-compete statutes may, or may not, impact forfeiture-for-competition agreements
• Practical considerations for developing and implementing a forfeiture-for-competition program

Who Should Attend:

• In-house counsel evaluating alternatives to traditional non-competes
• HR professionals responsible for talent management and compliance
• Business leaders focused on protecting competitive interests
• Employment lawyers advising clients on restrictive covenant strategy