Large and midsized employers that maintain employee benefit and executive compensation plans are likely to require the assistance of one or more professional advisors to assure their plans accurately reflect and support their organizational goals. These plans need to be properly documented, administered in accordance with those documents, and operated in compliance with applicable law. Sophisticated employers look for employee benefits counsel who will become their partners in legal compliance and provide effective advice to support their organizational goals.

Verrill's Employee Benefits & Executive Compensation Group provides highly collaborative legal services oriented toward midsized and larger employers, whether they are for-profit or nonprofit, in a wide range of industries. We are personally engaged in every client relationship, seeking to understand each client's immediate needs, long-term goals, and risk tolerance so we can deliver practical advice within the framework of legal compliance.

We counsel employers in all relevant aspects of ERISA, the Internal Revenue Code, and other laws that govern the form and administration of retirement plans, health and welfare benefit plans, executive compensation arrangements, equity-based compensation programs, and fringe benefit plans. Our institutional client base includes community hospitals and regional health care systems; colleges and universities; employee-owned construction companies and publicly traded biotech companies; multinational banking and financial organizations; and churches and church-affiliated organizations. All our client relationships are characterized by collaboration and longevity. A service team typically includes at least two attorneys to promote highly responsive and reliable service. Whether interactions are weekly, monthly, or less frequent, we collaborate with our individual client contacts and seek to provide the one-on-one support that allows them to proceed with confidence.

The technical abilities of individual lawyers in the Employee Benefits & Executive Compensation Group, and of the group as a whole, have been recognized in The Best Lawyers in America, Chambers USA: America's Leading Lawyers for Business, New England Super Lawyers and by Martindale-Hubbell. What sets us apart is our strong commitment to providing highly accessible, value-added advice and building long-term relationships with our clients.

Firm Highlights

Blog

IRS Allows Tax-Advantaged Leave Donation to COVID-19 Relief Organizations

Under new guidance, the IRS will give favorable tax treatment to employees who donate leave to COVID-19 relief organizations. In IRS Notice 2020-46 , the agency announced that employees who donate paid leave for...

Publication/Podcast

Congress Passes Emergency Paid Leave Laws in Response to Coronavirus Pandemic

On March 18, Congress passed and the President signed into law the Families First Coronavirus Response Act , a temporary measure designed to increase the availability of paid leave during a time when many...

News

Verrill Elects Four New Partners

(January 22, 2020) – Verrill is pleased to announce that four of the firm’s attorneys have been elected to partner: Kristin Doeberl, Kelly Donahue, Christopher Lockman, and Mathew Todaro. Kristin Doeberl , a family...

Blog

IRS Issues New Guidance on CARES Act Retirement Plan Distributions and Loans

The IRS recently issued Notice 2020-50 , which expands relief provided for retirement plan distributions and loans under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). Distributions Under the CARES Act, a...

Publication/Podcast

2020 Annual Employment Law Update Materials

On Thursday, January 30, members from Verrill's Employment & Labor group, as well as some from the Employee Benefits & Executive Compensation group, conducted a full-day seminar full of employment law related topics that...

Publication/Podcast

December 2019 Client Advisory

Click here to view as a PDF. This Client Advisory highlights important developments in the law governing employee benefit plans and executive compensation over the past year. It offers insight into what these developments...

News

38 Verrill Attorneys, Across Four Offices, Recognized in 2020 Chambers & Partners Guide

(April 27, 2020) – Verrill has been rated as a Leading Firm in a total of ten categories and subcategories as evaluated by London-based Chambers & Partners , one of the world's most respected...

Blog

Supreme Court Holds Pension Plan Participants Lack Standing to Sue Fiduciaries for Breach of Duties

In Thole v. U.S. Bank , a 5-4 Supreme Court decision issued on June 1, the Court held that retired participants in a defined benefit pension plan lack constitutional standing to sue the plan...

Blog

DOL E-Disclosure Rule Recognizes Our New (Digital) Reality

The COVID-19 pandemic has forced us to find new ways to work through digital technology. Now, more than ever, an enormous percentage of our communications occur over the phone and online. The Department of...

Publication/Podcast

The SECURE Act

Click here to view as a PDF. The Setting Every Community Up for Retirement Enhancement Act of 2019 (the “SECURE Act”) is the most far reaching new law affecting retirement benefits in more than...