The Federal Trade Commission (FTC) is set to implement a final rule banning non-compete clauses, effective September 4, 2024. This regulatory change is prompting businesses to prepare for compliance by considering alternative strategies to protect their competitive edge, such as conducting audits and reassessing their reliance on trade secrets. Companies are advised to have contingency plans in place should the ban not be enjoined, highlighting the importance of strategic planning in response to this significant shift in employment law.