Lawyers at some of the nation's largest law firms expect a sharp rise in legal work following the recent passage of the Pension Protection Act. Specifically, lawyers in tax, trusts and estates, and employee benefits anticipate employers will seek to overhaul employee retirement plans. And one of the most talked-about parts of the act among lawyers is a change allowing private equity and hedge funds to obtain more pension fund investment dollars without increased regulation -- likely spurring more deals.
October 06, 2006 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Lawyers at some of the nation’s largest law firms expect a sharp rise in legal work following the recent passage of a pension reform law that makes broad changes to employee retirement programs.
Specifically, lawyers in tax, trusts and estates, and employee benefits anticipate that the law, called the Pension Protection Act of 2006, could bring more legal work from employers looking to overhaul the retirement plans they offer to employees.
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