Steven Schaffer’s practice at BCLP is centered around transactions involving employee stock ownership plans (ESOPs), where he represents a diverse range of clients, including companies, lenders, trustees, sellers, and valuation firms. His expertise extends to the design and administration of employee stock ownership plans, pension plans, profit-sharing plans, and other employee benefit plans.

Expertise in ESOP Transactions and Plan Design

Steven’s extensive experience encompasses not only the structuring and implementation of ESOPs but also the intricate legal aspects of plan administration. He is adept at handling plan audits and investigations by the Department of Labor, often resolving issues through various governmental voluntary compliance programs. His role involves negotiating complex employment arrangements and equity incentives for executives, whether on behalf of employers or executives, ensuring alignment with organizational goals and regulatory requirements.

Mergers, Acquisitions, and Tax Planning

In the context of mergers and acquisitions and leveraged buyouts, Steven provides critical guidance on employee benefit and executive compensation issues. He is involved in negotiating and structuring these elements to facilitate smooth transitions and integration. His practice also includes tax planning and corporate transactions, where he offers strategic advice to optimize tax outcomes and ensure compliance with applicable regulations.

Thought Leadership and Education

Steven is a recognized thought leader in his field, frequently speaking on topics related to ESOPs, employee benefits, and executive compensation. His contributions to professional education and discourse reflect his commitment to advancing knowledge and best practices in these areas.

Steven Schaffer’s broad expertise and comprehensive approach to employee benefits and executive compensation make him a valuable asset to his clients, providing them with effective solutions and strategic guidance across a range of complex issues.