Employee Benefits – Legal News Feed

Bloomberg Law

IRS Proposes Revisions to Health Savings Accounts to Enhance Medicare Advantage Integration

Pieter Gunst11 hours ago03 mins

The proposed Internal Revenue Service (IRS) reset concerning Health Savings Accounts (HSAs) is poised to enhance outcomes within the Medicare Advantage Health Accounts (MAHA) framework. Key adjustments aim to address both usability and accessibility, potentially increasing participation among beneficiaries who seek tax-advantaged methods to manage their medical costs. The reset could facilitate more efficient integration…

Bloomberg Law

Latham & Watkins Enhances Executive Compensation Expertise with Strategic Hire of Joshua Mayer

Pieter Gunst2 days ago03 mins

Latham & Watkins, one of the world’s largest law firms, continues to bolster its capabilities with the strategic hiring of Joshua Mayer, a prominent executive compensation partner from Ropes & Gray, in its New York office. This move reflects a growing trend among major law firms to enhance their offerings in the competitive legal market….

Bloomberg Law

Paul Weiss Strengthens Executive Compensation Practice with Key Hire from Simpson Thacher

Pieter Gunst1 week ago03 mins

Paul, Weiss, Rifkind, Wharton & Garrison LLP has announced a significant addition to its ranks by luring away an executive compensation partner from Simpson Thacher & Bartlett LLP. This strategic move highlights the firm’s focus on strengthening its capabilities in executive compensation, employee benefits, and related practices. The new partner, whose expertise spans a broad…

Bloomberg Law

Marijuana Rescheduling: Navigating Workplace Policy Challenges and Opportunities for Employers

Pieter Gunst2 weeks ago04 mins

As the rescheduling of marijuana progresses through its next crucial stages, employers across various industries are closely monitoring developments. The current classification of marijuana as a Schedule I substance under the Controlled Substances Act places it alongside heroin and LSD, denoting it as having a high potential for abuse and no accepted medical use. However,…

Bloomberg Law

Foley & Lardner Expands Chicago Practice with Strategic Lateral Hires from Sidley Austin

Pieter Gunst2 weeks ago03 mins

Foley & Lardner LLP has made a significant move to bolster its employee benefits and executive compensation practice by bringing in two experienced lawyers from Sidley Austin LLP. This development not only strengthens Foley & Lardner’s practice in Chicago but also reflects a broader trend of competitive lateral hiring in the legal industry. Bloomberg Law…

Bloomberg Law

Ogletree Deakins Enhances Employment Law Expertise with Strategic Hire of Joshua Nixon in Birmingham Office

Pieter Gunst4 weeks ago03 mins

Ogletree Deakins, a prominent labor and employment law firm, has announced the hiring of Joshua Nixon to join its Birmingham office. Nixon brings substantial expertise in employment law, adding to the firm’s already robust practice in this area. His arrival is expected to enhance the firm’s capabilities in delivering strategic legal counsel to an array…

Bloomberg Law

Holland & Knight Expands Executive Compensation Expertise with Key Partner Hire in New York Office

Pieter Gunst1 month ago03 mins

Holland & Knight has enhanced its capabilities in executive compensation with the addition of Kevin Burke as a partner in its New York office. Burke, known for his expertise in employee benefits and executive compensation matters, joins from Akin Gump Strauss Hauer & Feld. This strategic move highlights Holland & Knight’s commitment to strengthening its…

Bloomberg Law

Morgan Lewis Enhances Executive Compensation Practice with Key Hire of Sarah Engle

Pieter Gunst1 month ago03 mins

Morgan, Lewis & Bockius LLP has added Sarah Engle to its roster, strengthening its benefits and executive compensation practice. Engle, previously with Baker McKenzie, brings extensive experience to Morgan Lewis, particularly in navigating complex regulatory environments and advising on a wide range of compensation arrangements. Engle’s recruitment reflects Morgan Lewis’s strategic effort to enhance its…

Bloomberg Law

Baker Botts Enhances Executive Compensation Practice with Key Partner Addition in Dallas

Pieter Gunst1 month ago04 mins

Baker Botts, a prominent law firm with a strong global presence, has bolstered its executive compensation practice by recruiting a new partner in Dallas. This move aligns with the firm’s strategy to enhance its expertise in a domain critical to both corporate governance and regulatory compliance. The firm welcomes Adam Rothstein, a seasoned attorney with…

Law360

Freshfields Enhances M&A Expertise with Strategic Hire from Debevoise & Plimpton

Pieter Gunst1 month ago03 mins

Freshfields Bruckhaus Deringer LLP has recently augmented its employment and executive compensation practice by bringing on board a highly skilled attorney from Debevoise & Plimpton LLP. The lawyer specializes in the employment and executive compensation aspects of mergers and acquisitions and private equity transactions, offering specialized insights crucial for high-stakes deals. This strategic addition underscores…

Law360

U.S. Department of Labor Intensifies Scrutiny on Employee Benefit Plan Managers Amid ESG Pressures

Pieter Gunst2 months ago03 mins

This week, corporate legal professionals are focused on developments within the U.S. Department of Labor, specifically concerning employee benefit plan managers. Recent statements by the head of the department’s employee benefits section indicate that upcoming investigations will hone in on potential loyalty conflicts among plan managers. The agency is scrutinizing instances where managers might prioritize…

Law.com

ERISA Litigation Sees Sharp Rise as Plaintiffs Find Success in Class Action Lawsuits

Pieter Gunst2 months ago04 mins

Employee Retirement Income Security Act (ERISA) litigation is experiencing a surge, largely driven by the success of plaintiff lawyers in class action lawsuits. Gerald L. Maatman Jr., chair of Duane Morris’s class action defense team in Chicago, notes that the plaintiff’s bar is seeing the most success in this area compared to other types of…

Bloomberg Law

Foley & Lardner Expands Nashville Office with Strategic Recruitment of Benefits Expert Shannon Goff Kukulka

Pieter Gunst2 months ago03 mins

Foley & Lardner LLP has announced the recruitment of Shannon Goff Kukulka, a seasoned employee benefits attorney, to bolster its Nashville office. Her addition aims to expand Foley’s capabilities in providing comprehensive legal services in benefits and compensation, an area experiencing increasing demand due to evolving regulatory requirements. Goff Kukulka, previously with Bass, Berry &…

Bloomberg Law

Willkie Farr Enhances Dallas Office with Executive Compensation Expert Tracy Loden as Partner

Pieter Gunst2 months ago03 mins

Willkie Farr & Gallagher LLP has further bolstered its presence in Dallas by recruiting Tracy Loden, an expert in executive compensation law, as a partner. This move highlights the firm’s strategic initiative to enhance its capabilities in the area of employee benefits and compensation, an essential aspect for many corporate clients. Loden’s addition is poised…

Law360

ERISA Dispute Deepens: Former Husch Blackwell Partner Seeks Extended Discovery in Employee Benefits Case

Pieter Gunst2 months ago02 mins

In a recent development in the ongoing ERISA dispute, a former partner at Husch Blackwell LLP has requested that a Missouri federal court deny the firm’s motion for summary judgment. The attorney argues that the case, centered on employee retirement benefits, requires further discovery to proceed effectively. This pushback is part of a proposed class…

Law360

Holland & Knight Expands ERISA Expertise with Strategic Partner Addition from Katten Muchin Rosenman

Pieter Gunst2 months ago02 mins

Holland & Knight LLP has made a strategic addition to its team by hiring a former partner from Katten Muchin Rosenman LLP. This new hire specializes in the Employee Retirement Income Security Act (ERISA), employee benefits, and executive compensation, enhancing Holland & Knight’s capabilities in these areas. According to a report by Law360, the move…

Bloomberg Law

Holland & Knight Strengthens New York Office with Benefits Lawyer Katrina Selengut Amid Rising Demand for Expertise

Pieter Gunst2 months ago03 mins

Holland & Knight has announced the addition of benefits lawyer Katrina Selengut to its New York office, a strategic move to bolster its expertise in employee benefits and executive compensation. Selengut, a seasoned professional in her field, previously worked at Katten Muchin Rosenman LLP. Her transition to Holland & Knight marks a significant step in…

Bloomberg Law

Morgan Lewis Strengthens Employee Benefits Practice with Strategic Hiring of Marcus Wu

Pieter Gunst3 months ago03 mins

Morgan Lewis has taken a significant step to bolster its employee benefits practice by appointing Marcus Wu, a seasoned attorney with extensive experience in employee benefits, compensation, and tax concerns. His addition to the team reflects the firm’s commitment to expanding its expertise in this critical area of corporate law, which continues to grow in…

Law360

Morgan Lewis & Bockius Enhances Expertise with Strategic Hire from Pillsbury Winthrop Shaw Pittman

Pieter Gunst3 months ago02 mins

Morgan Lewis & Bockius LLP has taken a strategic step to enhance its employee benefits and executive compensation practice by recruiting a former partner from Pillsbury Winthrop Shaw Pittman LLP. This addition was announced on Wednesday, showcasing the firm’s commitment to expanding its expertise in a key area of corporate law. The decision to bring…

Bloomberg Law

Morgan Lewis Strengthens Labor and Litigation Practices with Strategic Partner Additions

Pieter Gunst3 months ago02 mins

Morgan Lewis has strategically bolstered its labor and litigation practices by bringing on board three new partners. This move highlights the firm’s commitment to enhancing its capabilities in these critical areas. The firm welcomed Craig Oliver, Theresa S. Connolly, and Scott McIntyre, all seasoned professionals known for their expertise and track records in handling complex…

Bloomberg Law

Lori N. Brown Joins Jackson Lewis to Enhance Employee Benefits Expertise in Phoenix Office

Pieter Gunst3 months ago02 mins

Jackson Lewis, a prominent law firm renowned for its focus on labor and employment law, has recently welcomed Lori N. Brown as a new principal in their Phoenix office. With an established reputation in employee benefits and executive compensation, Brown is expected to bolster the firm’s capabilities in these areas. Lori N. Brown joins Jackson…

Law360

Boston Law Firms Expand Strategic Expertise Amid Market Growth

Pieter Gunst4 months ago03 mins

In the face of a snowy February, the Boston legal market showed vigorous activity as prominent firms sought to strengthen their competitive edges. Seyfarth Shaw LLP made strategic moves by adding depth to its mergers and acquisitions practice, showing a commitment to expanding its transactional law capabilities to meet the growing demands of corporate clients….

Bloomberg Law

Legal Battle Over Private Equity Inclusion in 401(k) Plans Poses Major Implications for Retirement Savings

Pieter Gunst4 months ago03 mins

The landscape of investment options within 401(k) plans is under scrutiny as new legal battles emerge over the inclusion of private equity assets. A prominent lawyer is championing a fight that could reshape the future of retirement savings. This battle highlights the complex intersection of employee benefits law and fiduciary duties, raising questions about the…

Bloomberg Law

Anne Yonadi Joins BakerHostetler, Strengthening Tax and Benefits Expertise

Pieter Gunst4 months ago03 mins

BakerHostetler has recently announced the addition of Anne Yonadi as a partner within its Tax and Benefits teams. The firm, known for its comprehensive legal services, is poised to leverage Yonadi’s extensive experience in employee benefits, executive compensation, and related legal areas. Her expertise is anticipated to enhance the strategic capabilities and service offerings of…

Law.com

Employer Liability in Add-On Insurance Lawsuits Sparks Debate Over Fiduciary Duties

Pieter Gunst5 months ago04 mins

The legal landscape for employer-provided insurance benefits is experiencing significant scrutiny as a series of lawsuits questions the fiduciary responsibilities associated with add-on insurance offerings. Traditionally, it has been assumed that employers are not liable for ensuring the value of these add-on insurance products, given that they do not directly subsidize their costs. However, recent…