Todd Solomon > McDermott Will & Emery LLP > Chicago, United States > Lawyer Profile

McDermott Will & Emery LLP has an experienced team that advises clients on retirement plans, fringe benefits, ESOPs, fiduciary duties and plan investment, as well as the potential impact SECURE 2.0 may have on their businesses. The group demonstrates a particular specialism in healthcare matters, advising multinational and financial services corporations on a number of varying health and welfare plans. Furthermore, the practice is abreast of emerging challenges for businesses to navigate, such as increased DOL audits in the wake of strengthened cybersecurity attacks on employee retirement plans, travel expenses in a post-Covid work environment, and redesigning benefit plans in response to Dobbs vs Jackson. Boston team and wider practice head Andrew Liazos is a trusted advisor to both multinational companies and individual entrepreneurs and executives, providing expert advice pertaining ERISA, fiduciary duties, executive compensation matters, and pay, bonus and severance issues. The Chicago-based Todd Solomon handles pension, profit sharing, and employee stock ownership plans, while Allison Wilkerson focuses on the design and implementation of non-qualified plans and executive compensation arrangements from the firm’s Dallas office. Counsel Alden Bianchi strengthened the team in Boston, arriving from Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. in December 2022.

McDermott Will & Emery LLP has expertise in advising major domestic and international players on retirement plans, welfare benefits, and ESOPs. The firm’s client base includes healthcare companies, financial service entities and commercial aircraft manufacturers, with the group routinely assisting these corporations with high-value M&A and complex private equity deals. Global practice head Andrew Liazos is based in the Boston office,  bringing vast experience in representing Fortune 500 companies and executive committees in relation to compensation plan governance concerns and fiduciary issues under ERISA. Diane Morgenthaler and Todd Solomon are both based in Chicago, with the former specializing in handling employee benefit issues involved in corporate transactions such as acquisitions and reorganizations, while the latter focuses on counselling fiduciaries on their investment policies. In Dallas, Allison Wilkerson advises on equity compensation plans and profit sharing. In New York, Evan Belosa supports executive officers and employees from the financial services industry with compensation matters.