5 Steps For Ill. Employers Post-Fifield

Law360, New York (August 30, 2013, 12:24 PM EDT) -- The Illinois Appellate Court recently issued a decision in Fifield v. Premier Dealer Servs. Inc.[1] holding that the promise of “at-will” employment alone is insufficient consideration to support a valid noncompete covenant under Illinois law. The court went on to find that two or more years of continued at-will employment is required to constitute adequate consideration to support such a covenant.

In light of this decision, Illinois employers should consider whether to restructure at-will offers of employment when a noncompete from a new hire is desired....
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.