Colorado Employment Law Update: New Non-compete Law Takes Effect

NOTE: THIS IS PART OF A SERIES  OUTLINING RECENT CHANGES TO COLORADO’S EMPLOYMENT LAWS, MOST OF WHICH TAKE EFFECT AUG. 10.

Among a batch of significant changes to Colorado’s employment laws passed this year, a major overhaul to the state’s noncompete and restrictive covenant laws take effect Aug. 10. The revisions significantly impact how employers protect information like trade secrets, expand coverage to restrictive covenants much more broadly and significant alter exemptions and penalties. In this episode, Brownstein’s Employment Group break down the background of the bill and the changes it brings.

Click here to read a related client alert about Colorado's new non-compete law. 

THIS DOCUMENT IS INTENDED TO PROVIDE YOU WITH GENERAL INFORMATION REGARDING NEW COLORADO LAWS AROUND NON-COMPETE RESTRICTIONS. THE CONTENTS OF THIS DOCUMENT ARE NOT INTENDED TO PROVIDE SPECIFIC LEGAL ADVICE. IF YOU HAVE ANY QUESTIONS ABOUT THE CONTENTS OF THIS DOCUMENT OR IF YOU NEED LEGAL ADVICE AS TO AN ISSUE, PLEASE CONTACT THE ATTORNEYS LISTED OR YOUR REGULAR BROWNSTEIN HYATT FARBER SCHRECK, LLP ATTORNEY. THIS COMMUNICATION MAY BE CONSIDERED ADVERTISING IN SOME JURISDICTIONS.