In a move reflecting the evolving benefits landscape within the legal sector, A&O Shearman has announced an expansion of its benefits offerings for U.S.-based employees. Key highlights of this initiative include providing unlimited in vitro fertilization (IVF) treatments and up to $40,000 in financial support for adoption or surrogacy services. This enhancement aligns with a…
A U.S. federal judge has intervened to halt a controversial government employee buyout offer initiated by the Trump administration. The intervention came from Judge George O’Toole Jr., who issued an order suspending the deadline for federal employees to accept what has been termed the “Fork Directive.” This directive, announced by President Trump, offered federal employees…
Venable LLP has announced the appointment of Andrew Shapiro as a partner in its employee benefits and executive compensation practice, further cementing the firm’s commitment to expanding its capabilities in these critical areas. Shapiro joins the New York office, where he will provide strategic counsel to both public and private entities, as well as senior…
In a strategic move reinforcing its capabilities in employee benefits, Morgan Lewis & Bockius LLP has announced the return of Matthew Chapman as a partner, stationed in Pittsburgh. Chapman, who rejoined the firm on Monday, brings with him considerable expertise in advising on employee stock ownership plans (ESOPs), pension risk transfers, and corporate transactions. This…
Fredrikson has expanded its expertise in tax and business matters by welcoming Jonathan Landon as a shareholder. Landon, bringing a wealth of experience to the role, will operate within the business and tax planning, trusts and estates, as well as nonprofit and tax-exempt organizations groups. The announcement came on Friday, marking a significant addition to…
A former attorney of Barnes & Thornburg LLP has filed a lawsuit against the firm in the Southern District of New York, raising allegations that specific errors by the firm and its service providers led to significant financial losses. The attorney argues that due errors made regarding his retirement plan, particularly by Newport Group Inc….
Littler Mendelson has expanded its team with the recent recruitment of Angel Garrett as a shareholder based in San Francisco. This move was announced by the firm on Thursday. Garrett’s expertise lies in employee benefits and Employee Retirement Income Security Act (ERISA) matters. Her role involves handling both class action and single-plaintiff cases that address…
The US Supreme Court is poised to hear a case with significant implications for preventive health care coverage mandates under the Affordable Care Act (ACA). If the justices decide to overturn these mandates, the decision could reshape the landscape of health insurance, allowing employers to reintroduce cost-sharing for a range of services that currently benefit…
Morrison Foerster, a global law firm, has bolstered its presence in Boston by bringing on board Crescent Moran Chasteen and Rachel Faye Smith as partners and co-chairs of its executive compensation and benefits practice. The firm announced the strategic addition on Wednesday. This move is anticipated to further energize the firm’s services in the areas…
Arthur Cox, the prominent Irish law firm, has announced the promotion of Elaine Mooney to the position of tax partner. Mooney has been closely involved with advising on tax implications for various high-stakes transactions, including mergers and acquisitions, restructurings, IP structuring, leasing, securitizations, and structured finance. Her appointment is a reflection of the firm’s strategic…
The dawn of a new year often ushers in a flurry of executive appointments, particularly in legal departments. As companies close out one fiscal year and prepare for another, many seek to bolster their C-suites with new legal leadership. This can mean filling newly created roles or replacing leaders due to retirement or other departures….
As the possibility of another Trump administration looms, the future of the Affordable Care Act (ACA) appears increasingly uncertain. This development has significant implications for health-care access and employee benefits across the United States. Donald Trump’s previous tenure demonstrated his administration’s intent to dismantle elements of the ACA, often referred to as Obamacare. The renewed…
New York-based law firm Morrison Cohen announced the promotion of Michael Oppenheimer to the position of executive compensation and employee benefits partner. This elevation in rank reflects Oppenheimer’s significant contribution to the firm, particularly in the areas of corporate transactions, executive compensation, and employee benefits. Oppenheimer has focused his legal practice on corporate transactional work,…
Freshfields Bruckhaus Deringer LLP has announced the addition of Heather Brookfield as a partner in its US employee benefits and executive compensation practice, based in Silicon Valley. The firm revealed this development Thursday, aligning with its strategic focus on expanding services to technology firms in the region. Brookfield’s practice focuses on advising corporations on a…
Alera Group has integrated AI-powered planning capabilities from Tifin at Work into its retirement plan services practice. This move is designed to bridge workplace benefits and wealth management effectively. Marc McDonough, CEO of Tifin at Work, stated that this partnership is significant in addressing evolving retirement plan needs while promoting advisor growth. The collaboration marks…
The Department of Labor (DOL) finds itself embroiled in controversy as Republican lawmakers and industry groups raise concerns over alleged data-sharing practices. The core of the dispute involves DOL’s Employee Benefits Security Administration allegedly providing enforcement data to private-sector plaintiffs involved in litigation against workplace retirement plans, according to a detailed report by Bloomberg Law….
In a move highlighting differing approaches to employee retention and benefits within the legal sector, Travers Smith has announced a new holiday bonus for its funds associates. This incentive amounts to £4,000, specifically allocated for vacation spending, and is aimed at bolstering talent retention within the firm. Conversely, Ropes & Gray has adjusted its employee…
The recent revelations regarding an information-sharing agreement between the U.S. Labor Department (DOL) and the plaintiffs’ law firm Cohen Milstein Sellers & Toll PLLC have sparked significant scrutiny from Republican lawmakers. The agreement, described as a “common interest agreement,” has been criticized for enabling what some perceive as covert litigation activities. A federal magistrate judge…
McDermott Will & Emery has announced that Erin Turley has rejoined the firm as a partner in its employee benefits and executive compensation practice group in Chicago. This strategic move aims to enhance the firm’s capabilities in this specialized sector. Erin Turley is an experienced advisor specializing in employee stock ownership plans (ESOPs) and the…
Morris, Manning & Martin has announced the addition of Jeff Witt as a partner and leader of their employee benefits and executive compensation practice in Washington, D.C. His appointment was revealed by the firm on Wednesday. Jeff Witt brings a wealth of experience to his new role. His focus includes advising plan sponsor clients on…
The potential return of Donald Trump to the U.S. presidency heralds a significant shift in the landscape of employee benefits regulations that were established during Joe Biden’s administration. The U.S. Labor Department’s Employee Benefits Security Administration (EBSA), which focused on implementing Biden-era policies over the past four years, is expected to undergo profound changes. A…
Corporate policies must be crafted with foresight, anticipating potential misuse. The recent episode at Meta Platforms Inc., where employees were dismissed for misusing meal vouchers, underscores the need for such prudence. Meta’s attempt to provide a perk—free in-office meals via vouchers—led to unintended repercussions when some staff used these vouchers for personal items and deliveries…
“`html The transformation of law firms into remote-working entities is gradually gaining momentum, particularly in the aftermath of the Covid-19 pandemic. This shift continues to unfold as firms weigh the benefits and challenges associated with a remote-first model. Despite the hurdles—ranging from compliance to maintaining confidentiality—the advantages often outweigh the difficulties for many firms. For…
Simpson Thacher & Bartlett has welcomed a new partner, Gillian Emmett Moldowan, to its executive compensation and employee benefits practice in New York. This strategic addition, announced on Thursday, signals the firm’s focus on bolstering its expertise in handling complex transaction-related compensation and benefits matters. Moldowan brings a wealth of experience advising corporate clients, boards…
Willkie Farr & Gallagher LLP has strengthened its presence in Chicago with the addition of Kimberly Jones and Sarah Kessler as partners. This move is part of the firm’s strategic expansion, aiming to bolster its expertise in ERISA litigation and finance platforms. The firm made the announcement on Tuesday. Kimberly Jones is an experienced litigator…