Employee Benefits & Executive Compensation
USA Guide 2024 : Florida
Band 2
About
Provided by Akerman LLP
Akerman's employee benefits and executive compensation team works with clients to design, implement, and administer qualified and non-qualified retirement, health and welfare plans, and advise on benefit and compensation issues that arise in both domestic and cross-border situations.
Our lawyers work closely with boards of directors, board committees, plan administrators and plan fiduciaries on the implementation and maintenance of employee benefit programs. We counsel plan sponsors and service providers regarding compliance with ERISA, the Internal Revenue Code, the Affordable Care Act, COBRA, and the Mental Health Parity and Addiction Equity Act. We assist our clients with benefits plan audits by the Internal Revenue Service and the Department of Labor, and represent clients before both agencies on compliance and disclosure requirements.
We counsel public and privately-held companies and tax-exempt organizations on executive compensation issues, with respect to employment agreements, severance arrangements, golden parachutes, and the reporting and disclosure of these compensatory arrangements.
What We Do:
- Broad-based retirement plans – defined benefit/contribution
- Executive compensation programs – private and public entities
- Qualified and non-qualified retirement plans
- Broad-based health and welfare plans – medical, dental, vision, life, disability, and fringe benefits
- Benefits plan compliance audits
- Plan governance and fiduciary obligations
Chambers Review
Akerman LLP is a highly regarded practice with experience across the full gamut of employee benefits and executive compensation issues. The firm assists clients with the operational and compliance matters pertaining to a wide array of retirement, health and welfare and compensation plans. The department also frequently advises clients on benefits and compensation issues relating to corporate transactions, as well as assisting with IRS and DOL audits.
Work Highlights
- Akerman LLP advised Newbury Street Acquisition Corporation on executive compensation issues in relation to a special-purpose acquisition transaction with Infinite Reality.
Strengths
Provided by Chambers
"They are incredibly prompt, responsive, thoughtful and they provide a stellar work product."
"They provide excellent guidance and attention to detail."
"They are incredibly prompt, responsive, thoughtful and they provide a stellar work product."
"They provide excellent guidance and attention to detail."
Notable Practitioners
Beth Alcalde assists clients with ERISA and other compliance issues relating to employee benefit plans.
"Beth Alcade is a fantastic lawyer."
Peter Salomon is a go-to attorney for benefits and compensation issues, stemming from big-ticket corporate transactions, as well as advising on regulatory compliance and broader tax mandates.
"He is commercial, has a personable demeanor and provides a thoughtful approach."
Ranked Lawyers at
Akerman LLP
Florida