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FTC Ban on Noncompetes: What Comes Next?

FTC Ban on Noncompetes: What Comes Next?

The Federal Trade Commission’s (FTC) rule banning noncompete clauses in employment contracts, set to take effect on September 4, 2024, has sparked significant concern in the business community. With three lawsuits already challenging the rule, and more expected,...

New Era In The News

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New Era ADR Expedited Virtual Arbitration Rules and Procedures

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Sign-Up and Complaint

Claimant signs up on the platform using New Era’s simple and secure sign-up process and submits Complaint.

Claimant Fees

Claimant pays half the fee unless there is a business vs. an individual in which case the fee is split 90/10. Fee is $5000, half of total of $10,000. In 90/10 split, fee is $9000 to $1000. Fees will be reduced if there is a subscription agreement in place.

Sign-Up and Answer

Respondent (a) receives email service of Complaint, (b) signs up on the platform; and (c) responds to the claims and asserts any counterclaims. Respondent has 21 days to respond or a default judgment may issue.

Respondent Feeds

Respondent pays half the fee unless there is a business vs. an individual in which case the fee is split 90/10. Fee is $5000, half of total of $10,000. In 90/10 split, fee is $9000 to $1000. Fees will be reduced if there is a subscription agreement in place.

Sign-Up and Complaint

Claimant signs up on the platform using New Era’s simple and secure sign-up process and submits Complaint.

Sign-Up and Complaint

Claimant signs up on the platform using New Era’s simple and secure sign-up process and submits Complaint.

Sign-Up and Complaint

Claimant signs up on the platform using New Era’s simple and secure sign-up process and submits Complaint.

Sign-Up and Complaint

Claimant signs up on the platform using New Era’s simple and secure sign-up process and submits Complaint.

Sign-Up and Complaint

Claimant signs up on the platform using New Era’s simple and secure sign-up process and submits Complaint.

Sign-Up and Complaint

Claimant signs up on the platform using New Era’s simple and secure sign-up process and submits Complaint.