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McDermott Will & Emery LLP

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Steven Eckhaus

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McDermott Will & Emery LLP

Work Department

Benefits, Compensation & Employment




Partner Steven (Steve) G. Eckhaus, head of McDermott’s New York Employee Benefits, Compensation, Labor and Employment Group, concentrates his practice in executive compensation, employment law and related litigation. Steve has earned a national reputation for representing decision makers in financial services, health care, technology, media, real estate, education and sports, for whom he has negotiated more than $6 billion in pay. Equally adept in the courtroom as around the negotiating table, Steve has successfully litigated matters involving trade secrets, confidentiality and inventions agreements, restrictive covenants, fiduciary duties, contracts, Title VII, ERISA, securities, RICO, trusts and estates and criminal allegations.

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United States: Labor and employment

Employee benefits, executive compensation and retirement plans: design

Within: Employee benefits, executive compensation and retirement plans: design

Leveraging a 30-lawyer team of ‘industry-leading’ experts, McDermott Will & Emery LLP provides ‘world-class advise’ on all aspects of employee benefits mandates. New York’s Steven Eckhaus is particularly noted for his expertise in negotiating executive compensation arrangements, and the ‘excellent’ Todd Solomon, who leads the practice from Chicago, is the key name for designing and amending pension plans, profit-sharing arrangements and ESOPs. In a recent practice highlight, Solomon and Boston-based Andrew Liazos assisted Darden Restaurants with a major pension de-risking exercise. In addition, Liazos and Boston-based Joseph Urwitz advised Chipotle on the restructuring of its executive compensation agreements in light of the 2017 tax reforms. Also recommended are Dallas-based Allison Wilkerson and Erin Turley, who 'exceed all expectations‘ for their clients, and together provide ongoing employee benefits advice to clients including Dr. Pepper, Cactus Feeders, Freeman Decorating and the American Council of Engineering Companies. Also of note, the Washington DC office was recently strengthened by the addition of David Fuller from Morgan, Lewis & Bockius LLP. Other key clients include HSBC, Lenovo, MasterCard and Snapchat.

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Employee benefits, executive compensation and retirement plans: transactional

Within: Employee benefits, executive compensation and retirement plans: transactional

Based primarily in Chicago, McDermott Will & Emery LLP’s global benefits, compensation & employment head Todd Solomon leads a 30-lawyer team, which was recently saw the addition of Chicago-based Theodore Becker and Richard Pearl, who joined the team from Drinker Biddle & Reath LLP, and David Fuller in New York, who joined from Morgan, Lewis & Bockius LLP. A notable transaction saw Chicago’s Diane Morgenthaler and Lisa Loesel advise on specialty chemicals company Evonik Industries’ $630m acquisition of JM Huber. Also in Chicago, Judith Wethall handled CVS’s market-leading acquisition of healthcare company Aetna in a $63bn transaction. Dallas-based Erin Turley and Allison Wilkerson are assisting Trinity Industries with a spin-off transaction of its infrastructure-related businesses, and Andrew Liazos in Boston advised on the employee benefits and executive compensation aspects of WABCO Holdings’ $250m buy-out of vehicle manufacturer Meritor. Also recommended is Steven Eckhaus in New York.

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