Practice Expertise
Areas of Practice
WSG Practice Industries
Profile
David Olson is chair of the firm's Employee Benefits Group and handles all aspects of compensation and benefits law and helps guide businesses, governmental entities, and tax-exempt organizations through the complicated issues arising in connection with the design, development, implementation, maintenance, defense, and termination of employee compensation and benefit plans and arrangements.
His recent experience includes:
- During the coronavirus pandemic, Dave has provided insights and guidance for retirement plan sponsors and plan service providers. He is helping these entities interpret and act upon new guidance and laws in this rapidly evolving environment with practical advice while ensuring legal compliance.
- Providing ongoing counseling for the entire spectrum of plan types, including defined benefit, profit-sharing, 401(k), employee stock ownership, and 457 and 403(b) plans in regards to plan design and operation, including compliance with the statutory requirements of the Employee Retirement Income Security Act of 1974 ("ERISA") and the Internal Revenue Code.
- Designing and implementing stock option and other equity-based plans, and non-qualified deferred compensation and supplemental plans, including the design of vehicles to secure plan benefits such as rabbi trusts, incentive and bonus plans, severance benefit plans, "golden parachute" arrangements, and executive employment and resignation agreements.
- Guiding employers through ERISA's fiduciary provisions, including areas such as participant-directed 404(c) plans, participant education, investment of plan assets, and reporting and disclosure.
- Providing clients with comprehensive counseling on the design and operation of medical and dental plans, cafeteria, dependent care, medical reimbursement, group-term life, retiree health, and flexible benefit plans, including COBRA and HIPAA compliance.
- Advising on the employee benefits aspects of corporate transactions, performing due diligence and analysis of legal obligations of the myriad types of employee benefit plans and arrangements that are implicated during deal-making, and negotiating and drafting the components of purchase and sale agreements that pertain to employee benefits matters.
Bar Admissions
- Wisconsin
Education
- Northern Illinois University (J.D., 1985)
- Northern Illinois University College of Law Alumni Association (Council Member, Former President)
- Phi Kappa Phi
- Northern Illinois Law Review (Note Editor)
- Northern Illinois University (B.S., 1979)
Areas of Practice
Meet our Firms and Professionals
WSG’s member firms include legal, investment banking and accounting experts across industries and on a global scale. We invite you to meet our member firms and professionals.