For 90 years, McGinnis Lochridge has served to protect the interests of our clients in continuously changing landscapes including cutting-edge technology, oil and gas litigation, regulatory matters and more. The quality of our work is reflected in our clients’ long-lasting loyalty and in our top-tier external rankings.
Recognizing that employees are a company’s most valuable assets, our Employee Benefits Practice Group helps clients develop and implement employee benefit programs tailored to attract and retain a top-notch workforce. Our lawyers have experience and expertise in advising publicly-traded and privately-held companies, governmental entities, tax-exempt organizations and churches regarding design, documentation and administration of their employee benefit programs.
The attorneys in this practice group frequently give presentations on employee benefits issues for clients, industry groups and human resources professionals. We also regularly publish articles on a host of employment and employee benefit topics.
Our lawyers regularly advise clients regarding qualified and non-qualified employee pension and welfare plans to ensure compliance with Employee Retirement Income Security Act (ERISA) and Internal Revenue Code requirements. Additionally, our lawyers assist clients in developing incentive compensation and bonus programs, including incentive stock option (ISO) plans, non-statutory stock option plans, restrictive stock programs, phantom stock plans, and non-qualified deferred compensation arrangements.
Additional experience in this area includes:
Our lawyers have broad experience with health and other welfare benefit plans, including fully-insured and self-funded group health plans, cafeteria plans, medical care reimbursement plans, dependent care reimbursement plans, high-deductible health plans and health savings accounts, multiple employer welfare arrangements (MEWAs), voluntary employees’ beneficiary associations (VEBAs), and life insurance and disability plans.
McGinnis Lochridge attorneys advise clients and compensation committees about all aspects of executive compensation arrangements including equity compensation and deferred compensation plans. Our experience includes:
Dealing with employee benefits is often a challenge in mergers and acquisitions. In such instances, we assist buyers and sellers by providing review and negotiation of representations and warranties related to employee benefit plans, due diligence review of employee benefit plans, and identification and resolution of related problems. We also advise clients regarding transition issues, including post-closing issues related to tax-qualified plans, severance policies, compliance with COBRA and coordination of group health plan coverage.
Regarding tax-qualified plans, our lawyers represent clients in correction of plan failures or errors under IRS and DOL correction programs. We also assist clients in terminations and mergers of plans, including preparation of documents and filings related to plan terminations and mergers.
McGinnis Lochridge represents a wide range of governmental entities on matters related to employee benefit plans. Our experience includes:
Our Employee Benefits Practice Group works with nonprofit, tax-exempt organizations that provide a variety of charitable, healthcare and educational services. Our experience includes: