Employee Benefits and Executive Compensation
Attorneys in HSE’s nationally recognized Employee Benefits and Executive Compensation Practice Group work with employers on a wide and varied range of employee benefit and executive compensation plans. We assist with some of the largest and most sophisticated employee benefit programs in the country. In the complex and ever-evolving world of employee benefits, our group provides invaluable advice and services. On a daily basis, our attorneys interact with clients on complex benefits issues including plan design, legal compliance, document drafting, legislative and regulatory changes, litigation issues, fiduciary protection, and plan investments, including private equity investments.
We are very hands on with the counsel and training we provide, walking clients through exactly what they need to know. Clients tell us we have great skill in translating complex concepts for the appropriate audience – whether it be a corporate board, CEO, or HR staff.
With Tier 1 rankings in Employee Benefits (ERISA) law in the U.S. News – Best Lawyers® “Best Law Firms” survey, clients know they are working with lawyers who are leaders in their field, with experience handling the full range of employee benefits and executive compensation issues including:
- Corporate Transactions
- Benefits Integration
- Retirement Plans
- Health and Welfare Benefit Programs
- Employee Benefits Litigation
- Executive Benefits Planning
- Employment Agreements
- Equity-Based Compensation
- Performance-Based Compensation
- Nonqualified Deferred Compensation Arrangements
- Severance Arrangements
- Fringe Benefits
- Change-in-Control Protection
- Split-Dollar Life Insurance Arrangements
- Director Compensation Arrangements
- Compensation Committee Advice
- Payroll Reporting
What We See On the Horizon
Contact our Employee Benefits team for our latest insights about the following:
Fiduciary duties and oversight
In an increasingly litigious environment, plan sponsors need to focus on governance structures for their employee benefit plans. In addition, the plans themselves may be used in a defensive fashion in order to better position the sponsor and fiduciaries in the event of litigation or governmental investigation. We not only help design and implement governance structures, but we also provide regular training and support for plan fiduciaries.
White label funds
With an eye to current investment trends and a focus on reducing fees, many plan sponsors are moving to use so-called “white label” funds – i.e., generically named funds that have no reference to a fund company – as investment options. Since white label funds are not registered investments, they bring with them unique disclosure and communication issues. We have extensive experience working with employers to create white label funds for large 401K plans and to assist them with the related disclosure and communication strategies, and we expect the use of these funds to continue to increase.