Employee Benefits

Supreme Court to Deliberate on Benchmarks in Retirement Fund Litigation: Implications for Employers and Employees

Pieter Gunst04 mins

A legal conundrum awaiting the U.S. Supreme Court could alter the landscape of retirement planning for more than 100 million Americans. The case, Anderson v. Intel Corporation Investment Policy Committee, which revolves around employer-sponsored retirement plans governed by the Employee Retirement Income Security Act (ERISA), is set to decide whether litigation burden could dissuade employers…

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Inspector General Criticizes Department of Labor’s Handling of Confidential Data, Urges Security Overhaul

Pieter Gunst02 mins

The Inspector General of the U.S. Department of Labor (DOL), Anthony P. D’Esposito, testified before a House subcommittee, raising concerns over the department’s handling of confidential information. During the period of the Biden administration, it was revealed that sensitive data was shared with plaintiffs’ attorneys without the necessary notifications to both the Wage and Hour…

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Greenberg Traurig Bolsters Employee Benefits Expertise with Strategic Hire from Katten Muchin Rosenman

Pieter Gunst03 mins

Greenberg Traurig, a prominent global law firm, has recently expanded its capabilities in employee benefits and compensation by hiring Meredith Kirshenbaum from Katten Muchin Rosenman LLP. This strategic addition aims to bolster Greenberg Traurig’s offerings in a field that is crucial for corporate compliance and employee relations (Bloomberg Law). Kirshenbaum, known for her extensive experience…

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Jerry Schlichter’s 401(k) Litigation Efforts Set New Standards for Fiduciary Responsibility

Pieter Gunst03 mins

Jerry Schlichter, a prominent figure in plaintiff-side litigation and founding partner of Schlichter Bogard LLP, is renowned for his legal pursuits in the realm of 401(k) litigation. His firm recently marked significant achievements, notably a substantial settlement to conclude investment litigation against ADP, illustrating a major victory for participants of 401(k) plans. This case underscores…

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Paul Hastings LLP Strengthens M&A Expertise with Strategic Partner Addition in New York Office

Pieter Gunst03 mins

Paul Hastings LLP, a prominent global law firm, has recently enhanced its mergers and acquisitions practice with the addition of an experienced benefits partner in its New York office. This strategic move signals the firm’s commitment to bolstering its expertise in complex M&A transactions, particularly in areas that involve intricate employee benefits and executive compensation…

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

Pieter Gunst03 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…

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

Pieter Gunst03 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…

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Marijuana Rescheduling: Navigating Workplace Policy Challenges and Opportunities for Employers

Pieter Gunst04 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,…

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

Pieter Gunst03 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…

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

Pieter Gunst03 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…

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

Pieter Gunst03 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…

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

Pieter Gunst03 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…

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

Pieter Gunst04 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…

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

Pieter Gunst03 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…

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

Pieter Gunst03 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…

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

Pieter Gunst03 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 &…

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

Pieter Gunst03 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…

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

Pieter Gunst02 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…

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

Pieter Gunst02 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…

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

Pieter Gunst03 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…

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

Pieter Gunst03 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…

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

Pieter Gunst02 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…

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Morgan Lewis Strengthens Labor and Litigation Practices with Strategic Partner Additions

Pieter Gunst02 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…

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