Executive Compensation Attorneys

Retaining top-tier employees can be complicated. We are here to help.

Experienced team

Kirk and Jim have 65+ years of
benefits experience

Since 1989, we have assisted clients in designing, documenting and administering their executive compensation arrangements.

We are right for you
Our 1,200+ clients are primarily tax-exempt organizations ranging from $12 million community credit unions and stand-alone hospitals to complex multi-billion dollar credit unions and multi-facility, integrated healthcare systems.
Compensation strategies
We know how to design and document compliant nonqualified deferred compensation (like SERPs and retention plans), split dollar life insurance, other welfare benefit plans (like long-term disability plans), severance arrangements, and employment agreements.
We assist boards in understanding plan design options and risk-profiles, matching options to board priorities, and otherwise meeting their fiduciary oversight responsibilities.
Regulatory compliance
For credit union clients, we work well with NCUA and state regulators who need to approve arrangements before they are installed or who question them on exam.

You have questions?
We have answers.

We offer a free 30-minute discussion to help you understand the basics of deferred compensation, split dollar, bonus plans, excise taxes, severance, and related topics. And to answer your questions.

Sign up for our newsletter:

We care about the protection of your data. Read our

© 2024 Sherman & Patterson, Ltd. All rights reserved.

PO Box 447, Maple Plain, MN 55359