Reviewing and negotiating executive severance packages is one of my favorite practice areas. These representations are generally short-lived, but during the representation I have the pleasure of meeting a new client, learning about their careers, family, and professional goals, providing them practical advice and experienced counsel, and helping them transition to the new stage of their careers. When evaluating an executive severance package, it is important to consider whether the employee has existing claims, contractual or otherwise, that would be released or restricted by the signing of the severance agreement. Likewise, it is important to consider the true value of the consideration being offered by the employer, in both economic and non-economic terms. Each client has different goals, expectations, exposures, risk tolerance, financial wherewithal, and family dynamics. It is also important to remember that each employer also has different goals, expectations, exposures, risk tolerance, etc. This makes each representation unique. Like solving a puzzle, there is tremendous satisfaction when I am to help a client obtain a favorable result.
Designing Creative Approaches. Delivering Efficient Resolutions.