Biography

Bill maintains a highly sophisticated ERISA, employee benefits and executive compensation practice advising clients in the financial services industry and large employers on a wide variety of benefit and compensation plan design and legal compliance issues.

Bill has regularly assisted clients in mergers and acquisitions, including acquisitions and dispositions of investment managers, and in the structuring and execution of ESOP deals.

Bill has special experience working with investment and asset management clients, including large global banks, private equity firms, real estate managers, hedge funds, and investment managers. A thought leader on ERISA compliance matters, he has focused his ERISA practice on fiduciary and prohibited transaction issues relating to pension plan investments, as well as advising clients on derivatives, securities lending, prime brokerage arrangements, and financial products such as stable value funds.

Prior to joining Verrill, Bill was a partner at a global law firm, where he worked with a wide range of clients on ERISA, employee benefits and executive compensation issues.

Before embarking on his legal career, Bill was an associate professor in the English Department at Yale University. Outside the office, Bill is an avid cyclist and enjoys traveling to explore new places to ride.

Services/Industries

Education

  • Yale Law School  (J.D.)
  • Yale University  (Ph.D., M.Phil.)
  • Yale College  (B.A.)

Bar Admissions

  • Massachusetts

Memberships

  • American Bar Association

Honors

  • Legal 500 (2016, 2018)
  • Best Lawyers in America (2015-2021)

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

Firm Highlights

Publication/Podcast

Employee Benefits & Executive Compensation 2021 Summer Client Advisory

Click here to view as a PDF. This Client Advisory summarizes developments in the law governing employee benefit plans prompted by the COVID-19 pandemic. We explain what these developments mean for plan sponsors and...

Blog

IRS Announces New Pilot Program for Retirement Plan Audits

On June 3, 2022, the Internal Revenue Service (“IRS”) announced a new pre-examination compliance pilot program beginning in June 2022. Under the pilot program, the IRS will notify a plan sponsor by letter that...

Blog

How many participants is too many for a top hat plan?

A client recently reviewed a census of participants in its deferred compensation plan and found that the covered group amounted to nearly 15% of its total workforce. Mindful of the need to limit the...

Matter

Comprehensive Benefit Plans Representation of Seller in Strategic Acquisition

We represented the largest physician network in Massachusetts in the employee benefits and executive compensation aspects of its acquisition by one of the largest health care companies in the United States. After several rounds...

Blog

Department of Labor Guidance and Federal Initiatives Counsel a Wait-and-See Approach for 401(k) Plan Fiduciaries Interested in Cryptocurrency Options

On March 10, 2022, the Department of Labor published Compliance Assistance Release 2022-01, 401(k) Plan Investments in “Cryptocurrencies” . The Release strongly discourages the addition of cryptocurrency (and other digital asset) options to the...

Blog

DOL Signals Heightened Enforcement of Non-Quantitative Treatment Limitation Requirements

Introduction . When the U.S. Department of Labor issued its biennial 2022 Mental Health Parity and Addiction Equity Act (“MHPAEA”) Report to Congress earlier this year, it outlined significant noncompliance by health plans. (Full...

Blog

Proposed IRS Regulations Clarify SECURE Act Changes to RMD Rules for Beneficiaries

When the Setting Every Community Up for Retirement Security Act of 2019 (SECURE Act) took effect on January 1, 2020, it changed the rules for retirement plan required minimum distributions (RMDs) to participants and...

Blog

Health Plans: PCORI Fee Is Due August 1, 2022

What is the PCORI Fee? The Affordable Care Act created a non-profit corporation, the Patient-Centered Outcomes Research Institute (“PCORI”), to conduct research to help individuals, providers, and policymakers make better healthcare choices by advancing...

Publication/Podcast

2021 Year End Employee Benefit Plan Amendments

Health and Welfare Plans Employers that made available COVID-19 relief and benefit enhancements in 2020 – such as the increased carry over limit and extended grace period for health flexible spending accounts – need...

Blog

Deciphering First Circuit’s Thirty-page Primer on NQTL Analysis and ERISA Information Requests

The widely publicized 2022 Report to Congress regarding the Mental Health Parity and Addiction Equity Act (“Parity Act”) forewarned greater enforcement efforts by the Department of Labor and highlighted suspected deficiencies in health plans&rsquo...

Contact Verrill at (855) 307 0700