Baker Botts LLP

Employee Benefits & Executive Compensation Department

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What the team is known for Leading firm with a strong reputation for its employee benefits and executive compensation practice. Noted for its expertise in transaction-related compensation and benefits matters as well as ERISA. Advises Fortune 500 companies on equity incentive arrangements as well as the compensation and benefits aspects of corporate transactions. Particularly active on behalf of clients in the energy and natural resources sector.

Strengths"The firm has an excellent employee benefits practice," according to one source, who adds: "The team has excellent legal judgment and knowledge."

Another source describes the team as "very responsive, knowledgeable in the field and very easy to work with," and further praises the "impressive level of service."

Work highlights Acted for AT&T on the sale of its data center colocation assets to Brookfield Infrastructures for $1.1 billion, which included advising on the transfer of defined benefit pension accruals to a successor plan.

Notable practitioners

Gail Stewart
, chair of the firm's nationwide employee benefits and executive compensation practice, is regarded as "exceptional" by clients. One source says: "She has a deep knowledge of the rules for executive compensation." She frequently assists clients with high-profile corporate transactions, advising on the full gamut of issues involving executive compensation and employee benefit plans.

Mark Bodron
advises clients on employee benefits and executive compensation issues arising from M&A. He receives praise for his "deep technical knowledge of the rules." One source says: "He is just fantastic; he knows the ins and outs, is very practical and very common-sense."