Employee benefits are a vital component of most employers’ compensation packages.
In recent years, the costs of many employers’ plans have spiraled, and their administrative complexity has reached frustrating levels. The laws that govern benefit plans can confuse even the most diligent and careful employer. As a result, it is essential that employers receive quality legal advice to understand and take advantage of the applicable benefits laws while minimizing the legal risks.
Godfrey & Kahn’s Employee Benefits Practice Group counsels public and private employers, tax-exempt entities, financial institutions and benefit plan service providers in all aspects of retirement and welfare benefits laws, including the Internal Revenue Code, ERISA, COBRA and HIPAA. Our clients range from Fortune 500 companies to small professional employers. We have extensive experience in managing sophisticated benefit plan issues that arise out of day-to-day plan administration, and we devote a significant portion of our practice to issues that arise during the course of mergers and acquisitions.
Our focus is to provide value to our clients with efficient, creative and forward-thinking advice. Additionally, we view ourselves as problem-solvers and have worked with the IRS and U.S. Department of Labor on behalf of many benefit plans to reduce, and even eliminate, penalties that plan sponsors otherwise would have paid due to plan errors.
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