Employee Benefits and Executive Compensation for the Banking and Financial Services Industry

For many years, our financial service industry clients have benefited from our strong expertise in the highly specialized area of employee benefits (EB). Our EB attorneys have expertise in tax law, accounting, and general employment law, preparing them to assist our financial service industry clients in addressing the complex and diverse EB matters.

We design and implement pension and other benefits plans for financial service industry employers of all sizes. Our EB lawyers are focused on benefit cost containment for clients (particularly with self-funded medical plans), and on the importance of competitively designed compensation/benefit programs to enhance employee recruiting and retention.

Members of our EB team provide a number of services to our financial services industry clients in many areas, including:

• Assisting clients with the development of employee benefit strategies to assist in attracting, motivating and retaining a high quality work force.
• Consolidating employee benefit plans for clients involved in merger and acquisition transactions to ensure continuity of benefits to employees.
• Counseling clients regarding the benefits and drawbacks of various benefit options, including all aspects of executive compensation, non-qualified retirement programs, stock options and other equity-based opportunities.
• Designing and implementing qualified and non-qualified retirement plans, executive compensation programs, cafeteria plans and other employee benefit plans.
• Planning for retirement plan distributions.