Wall Street Wins Bid to Keep Non-Compete Clauses in New York (Bloomberg Law)
Bloomberg Law, December 22, 2023
Wall Street Wins Bid to Keep Non-Compete Clauses in New York
Hochul was the target of a lobbying effort in recent months aimed at allowing non-competes to continue in contracts for employees earning more than $250,000 per year. JPMorgan Chase, Goldman Sachs, Healthcare Association of New York, and the New York City Bar Association reported pressuring her office, lobbying records show.