Biography

Eric maintains a diverse employee benefit and executive compensation practice with a focus on retirement plans, executive compensation, deferred compensation, and fiduciary governance.

Eric has extensive experience in issues that affect the benefit plans of employers in the health care industry and higher education, as well as other tax-exempt employers. He works extensively with boards of directors and compensation committees in the establishment of executive compensation programs and the development of sound fiduciary governance and compliance policies and practices.

Eric is the Chair of the firm's Employee Benefits & Executive Compensation Group, a regular contributor to the Group's blog, Benefits Law Update, and a frequent speaker on employee benefits topics.

Eric has served in leadership positions on a number of nonprofit boards in Portland. He is particularly proud of his work on the restoration of the Portland Observatory (1807), which achieved National Historic Landmark status. Eric recently served as President of the Portland Public Library. Eric enjoys time aboard his boat in Casco Bay and visiting New York City to reconnect with his urban roots.

Services/Industries

Education

  • University of Chicago  (J.D.)
  • Columbia University  (B.A., M.I.A.)

Public Service

  • Trustee (2005-2016), President (2012-2015), Portland Public Library
  • Trustee (2004-2011), President (2007-2009), Portland Ballet
  • Trustee (1992-1998), Advisory Trustee (1999-present), Greater Portland Landmarks
  • President, Portland Observatory Restoration Trust (1997-2001)

Bar Admissions

  • Maine

Memberships

  • Tax and Health Law Sections, Maine State Bar Association
  • American Health Lawyers Association
  • Maine Employee Benefits Council

Honors

  • AV® rated by Martindale-Hubbell
  • Recognized in Chambers USA: America's Leading Lawyers for Business under Employee Benefits & Executive Compensation
  • Named the Best Lawyers® 2019 Business Organizations (including LLCs and partnerships) "Lawyer of the Year" in Portland, Maine
  • Named the Best Lawyers® 2017 Employee Benefits (ERISA) Law "Lawyer of the Year" in Portland, Maine
  • Named the Best Lawyers® 2015 and 2020 Health Care Law "Lawyer of the Year" in Portland, Maine
  • Listed in The Best Lawyers in America© for Employee Benefits (ERISA) Law, Health Care Law, and Business Organizations (including LLCs and partnerships) in Portland, Maine
  • Named to the 2019 New England Super Lawyers© list under Employee Benefits and Health Care

To learn more about third-party ratings and rankings, and the selection processes used for inclusion, click here.

Firm Highlights

Blog

Order of Benefit Deductions from Employee Pay

From time to time we field questions about the order in which deductions for various employee benefits ( e.g. , 401(k) plan elective deferrals and insurance premiums for welfare benefit plan benefits) should be...

Blog

Reporting Deferred Compensation on Form 990

Tax-exempt organizations often provide deferred compensation to their officers, key employees, and most highly compensated employees. Like current compensation payable to such employees, deferred compensation must be reported annually on Form 990, Schedule J...

Blog

Webinar: The Effect of COVID-19 on Employee Benefit Plans – Making Sense of the Abundance of New Legislation and Guidance

Join us on Thursday, March 18 for the next segment in the virtual series that comprises Verrill’s 2021 Employment Law Annual Update! For this segment, employee benefits attorneys Karen Hartford, Bill Jewett, and Chris...

Blog

ESG Ping-Pong®

The recent regulatory back-and-forth over the investment of ERISA-governed retirement plan assets based on environmental, social, and corporate governance (“ESG”) factors has demonstrated that ESG investing will remain under an intense spotlight for some...

Blog

Identifying Plan Assets in ERISA Health & Welfare Plans

Last month, we advised readers of this blog to consider efforts to formalize the fiduciary governance of their health and welfare benefit plans. In that post , we described some of the reasons that...

Blog

DOL Guidance on Missing Pension Plan Participants - Part II

On January 18, we published a blog post regarding new Department of Labor (“DOL”) guidance on missing plan participants. That post is available here , and describes the DOL’s guidance on Missing Participants...

Publication/Podcast

Employee Benefits & Executive Compensation 2020 Year-End Client Advisory

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

Blog

Establish an Administrative Committee for Your ERISA Health and Welfare Benefit Plans

The fiduciary standards of ERISA apply to all employee benefit plans that are subject to Title I of ERISA. The duty of loyalty, the duty of prudence, and the duty to administer a plan...

Blog

IRS Notice 2021-15 Provides Clarity Regarding FSA Relief Available Under Consolidated Appropriations Act

Section 214 of the Consolidated Appropriations Act, 2021 (CAA) provides a substantial amount of flexibility for the operation of health and dependent care Flexible Spending Accounts (FSAs). The CAA did, however, leave many open...

Blog

Partial Plan Terminations – An Update

In our April 2020 post , we detailed how employee layoffs can cause a qualified retirement plan to undergo a “partial termination,” resulting in required 100% vesting of the affected employees’ benefits. As 2020...

Contact Verrill at (855) 307 0700