Practice Areas

Representative Matters: Employee Benefits

These are some of the customized employee benefits plans created by our attorneys:

  • A 457(f) plan for a nonprofit corporation that allowed key executives to defer up to $50,000 per year in a Rabbi Trust to augment their qualified retirement plans.
  • A stock option plan containing incentive stock options, non-qualified stock options and a stock bonus component that allowed employees to exercise their stock options without paying any cash.
  • A 457(b) plan designed for a nonprofit association that enabled key employees to defer taxes by contributing a portion of their salary to the 457(b) plan in addition to the amount they contributed to the association’s 401(k) plan.
  • A cafeteria plan designed for a successful privately held business that worked in concert with the company’s health insurance program and allowed employees to select the benefits they most needed from a group of options.
  • A “group-based” profit sharing plan for a law firm with more than 80 lawyers designed to provide larger retirement benefits to certain key attorneys and long-term staff employees.

News

July 14, 2021

What Does President Biden’s Order on Noncompetes Mean for Employers?

Employers should be aware of President Biden's new executive order and how it can impact noncompete agreements and other restrictive covenants.

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Blog

D.C. to Phase Out Tenant Protections

The D.C. Council, on Tuesday night, unanimously voted to phase out tenant protections, including eviction bans, utility shut offs, and rent freezes.

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Awards

Glenn Cooper was ranked the No. 1 attorney in Maryland Super Lawyers for the third year in a row. Nine other attorneys were named to the 2021 Maryland Super Lawyers list and three were selected 2021 "Maryland Rising Stars."

For the ninth year in a row, Paley Rothman earned national and local honors in US News-Best Lawyers 2021 “Best Law Firms” rankings.

Paley Rothman is pleased to announce that 20 lawyers have been named to the 2021 Edition of Best Lawyers in America, and one attorney was named to the Best Lawyers: Ones To Watch list.

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