BakerHostetler is on the front edge of identifying the best methods to fairly motivate and compensate a company's executives and employees. For example, we are unsurpassed at designing Qualified Separate Lines of Business (QSLOB) plans that give clients the flexibility to promote profit sharing, motivate key employees and prioritize resources. We developed a proprietary database that centralizes plan testing and administration for all business lines.
We have extensive experience in counseling venture capital funds, REITs (both public and private) and other private equity transactions in connection with investment by ERISA plans and other benefit plan investors.
In benefits coverage or fiduciary litigation, whether the issues involve broad ERISA issues or application to specific individuals, our courtroom skill and knowledge of best practices frequently prevails even against emotional plaintiff appeals.
When executives or plan fiduciaries face litigation over their policies or stewardship, we defend their asset management strategies. And if businesses face complex individual or class lawsuits over treatment of benefits in terminations, reorganizations, reductions in force and similar business decisions, our lawyers have the combination of trial skill and benefits knowledge to provide effective counsel even in highly emotional cases.
We advise employers on all aspects of equity and deferred compensation planning for executives, including the federal and state tax, securities and employee benefits law aspects of supplemental executive retirement plans (SERPs), contributory nonqualified deferred compensation plans and programs, stock purchase and stock option plans and agreements, and bonus and incentive plans and programs. Our lawyers understand the tax, accounting, disclosure and securities law considerations such plans require, and demonstrate the issues to consider before adopting complex compensation arrangements and contracts.
If litigation arises over the dismissal of senior executives, our practical knowledge of compensation and employment policies at the highest corporate levels enables us to put on an effective defense.
We assist clients who offer health and welfare benefit programs to their employees with plan design, administration and compliance with the myriad of laws governing such programs. These laws include ERISA, HIPAA, COBRA, Medicare, the ADA, FMLA and the ADEA. We also counsel clients with special issues involving multiemployer and single employer Taft-Hartley plans.
In addition, we have significant experience in representing clients in court and administrative proceedings. We have defended client interests before the U.S. Department of Labor, the Internal Revenue Service, the National Labor Relations Board, the Equal Employment Opportunity Commission, and many other regulatory bodies.
A team of nearly 20 benefits professionals across the U.S., working closely with our employment law and tax law practices
Several team members have worked for Big Four accounting firms and benefit management firms as consultants, and also have had senior benefit plan responsibility at major insurers and corporations
Recognized national leadership at designing Qualified Separate Lines of Business (QSLOB) plans for customized plan management in large corporations.
Chambers USA lists three team members as leading practitioners in this area of law.
Three team members listed in the latest edition of The Best Lawyers in America.