Seth Safra > Proskauer Rose LLP > Washington DC, United States > Lawyer Profile

Proskauer Rose LLP
1001 PENNSYLVANIA AVE, N.W.
SUITE 600 SOUTH
WASHINGTON, DC 20004-2533
United States
Seth Safra photo

Work Department

LABOR & EMPLOYMENT

Position

Seth J. Safra is a partner in Proskauer’s Employee Benefits & Executive Compensation Group. Described by clients as “extremely knowledgeable, practical, and strategic,” Seth advises clients on compensation and benefit programs.

Seth’s experience covers a broad range of retirement plan designs, from traditional defined benefit to cash balance and floor-offset arrangements, ESOPs and 401(k) plans—often coordinating qualified and non-qualified arrangements. He also advises tax-exempt and governmental employers on 403(b) and 457 arrangements, as well as innovative new plan designs; and he advises on ERISA compliance for investments.

On the health and welfare side, Seth helps employers provide benefits that are cost-effective and competitive. He advises on plan design, including consumer-driven health plans with HSAs, retiree medical, fringe benefits, and severance programs, ERISA preemption, and tax and other compliance issues, such as nondiscrimination and cafeteria plan rules.

Seth also advises for-profit and non-profit employers on executive employment, deferred compensation, change in control, and equity and other incentive arrangements. In addition, he advises on compensation and benefits in corporate transactions.

Seth represents clients before the Department of Labor, IRS and other government agencies.

Lawyer Rankings

United States > Labor and employment > Employee benefits, executive compensation and retirement plans: design

(Leading lawyers)

Seth SafraProskauer Rose LLP

Praised for its ‘keen ability to quickly clarify and explain complexities in a very effective and efficient manner’, Proskauer Rose LLP has demonstrable experience in handling a broad range of employee benefits and executive compensation matters. Practice co-leader Paul Hamburger has considerable expertise in advising on all aspects of employee benefit programs, from tax-qualified retirement and executive compensation plans to welfare benefit plans. The ‘meticulousRobert Projansky co-leads the practice alongside Hamburger from the firm’s office in New York, and notably acts for companies in the entertainment sector on the full range of employee benefits issues. Seth Safra is a key contact in the group and advises on qualified and non-qualified retirement plans, as well as 403(b) and 457 arrangements. New York-based Anthony Cacace acts as ERISA trust fund counsel to the boards of trustees for multi-employer pension and welfare benefit plans, while Justin Alex was promoted to partner in October 2021. Unless stated otherwise, all named attorneys are based in Washington DC.

United States > Tax > Not-for-profit (nonprofit and tax exempt organizations)

Proskauer Rose LLP’s not-for-profit practice is led by Amanda Nussbaum from New York and handles domestic and international tax planning and transactional work for higher education institutions, professional sports leagues and hospitals. The group frequently represents clients in federal level litigation and has a strong employment offering; Seth Safra is the main contact here. Tax specialist David Miller has a busy pro-bono practice and advises on the operational matters for public charities. Jason Madden assists healthcare clients on regulatory issues including compliance and data privacy. The group has demonstrable strength in the sports sector and counts the Pac12 as a key clients. Healthcare lawyer Richard Zall departed in early 2021.