Employee Benefits & Executive Compensation
USA Guide 2024 : New York
Band 1
About
Provided by Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates
The Executive Compensation and Benefits Group at Skadden advises public and private companies, management, boards of directors and executives on a full range of matters relating to employee compensation plans and arrangements, including issues arising in the areas of the transactional, tax, securities, bankruptcy, corporate governance and ERISA claims. Heightened scrutiny of executive compensation issues has resulted in an increasingly complex maze of government regulation and market pressures. The executive compensation and benefits practice helps clients manage the impact of these regulatory and market developments. Our practice members have been repeatedly recognized as “leading lawyers” in the executive compensation and employee benefits fields by, among others, Chambers USA, Chambers Global, The Best Lawyers in America, The Legal 500: U.S., Law360 and The National Law Journal. We also were named one of Law360’s Benefits Groups of the Year for 2020 and 2019. Our practice members regularly publish articles and client memoranda on important developments in the area and are called on to provide insights to the press and at numerous high-profile conferences and meetings. In addition, our practice includes the authors and editors of The Section 409A Handbook — the leading treatise on Section 409A of the Internal Revenue Code, which governs the treatment of deferred compensation — as well as the chairperson of the PLI Hot Issues in Executive Compensation Conference.
Chambers Review
Skadden's preeminent group within the employee benefits and executive compensation Bar in New York provides advice on a broad range of issues including consultation of senior executives in connection with their employment agreements and ERISA-related fiduciary responsibilities, as well as matters arising under Sections 409A, 280G and 162(m). The firm maintains its reputation as a go-to M&A shop and is routinely sought out by a variety of clients such as private and public companies, financial services institutions, boards of directors and executives. The group also provides advice to clients in regard to international employment matters in international transactions and global equity settings.
Work Highlights
- Skadden served as lead benefits counsel to S&P Global in the auction and sale of its engineering solutions business to KKR,
Strengths
Provided by Chambers
"They are very knowledgeable about the market, our peers and related topics such as accounting. Their work on the legal aspects is outstanding."
"They are very knowledgeable about the market, our peers and related topics such as accounting. Their work on the legal aspects is outstanding."
Notable Practitioners
Erica Schohn is regularly called upon to advise clients on the full range of employee benefits and executive compensation matters. She acts for large multinational corporations across a variety of industries, including the financial services and healthcare sectors.
"Erica is very solution-oriented, proactive and responsive."
Joseph Penko is well versed in the employee benefits and executive compensation issues involved in corporate transactions.
"Joseph is super responsive and always practical. His guidance is super straightforward and gives us what we need in this space."
"He is extremely practical and comes up with solutions that are actionable."
Ranked Lawyers at
Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates
New York
Members
Provided by Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates