ESOP Compliance Attorney (Employee Benefits)

Direct Counsel
Chicago, IL

Job Description

Job Description

Direct Counsel has partnered with an AmLaw 200 firm seeking an experienced employee benefits attorney. Candidates must have at least 8 years of practice experience.

The ideal candidate will possess the following experience and skills:

  • Expertise in employee stock ownership plans (ESOPs)
  • Experience counseling employee benefit plan sponsors with respect to ERISA and IRS requirements for KSOPs plans and ESOPs
  • Experience in negotiating and drafting executive employment agreements and incentive plans on behalf of employers and executives
  • Knowledge of employee benefits issues with an emphasis on ESOPs in the context of corporate mergers and acquisitions
  • Experience reviewing merger and acquisition agreements for purposes of ESOP related review
  • Ability to advise clients regarding compliance with Internal Revenue Code Sections 280G and 409A
  • Exceptional work ethic, attention to detail, initiative, and motivation
  • Ability to thrive in a team environment
  • Strong academic credentials
Qualifications
  • Minimum 8 years of employee benefits experience

  • Licensed to practice law in Illinois

  • Strong academic credentials

  • Excellent interpersonal, verbal, and written communication skills

  • Detail-oriented with a strong work ethic

  • Client-facing experience and responsiveness to client needs

Compensation & Benefits
  • Salary range: $350,000 – $475,000 annually (based on full-time schedule, experience, and qualifications)

  • Bonus: Eligible for annual discretionary bonus

  • Benefits: Comprehensive package including health insurance (with optional HSA/FSA), dental, vision, life insurance, short- and long-term disability, 401(k), vacation, sick time, parking/public transportation allowance, and employee assistance program

Posted 2026-05-14

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