David Ackerman

Partner

David Ackerman is a partner in Morgan Lewis's Employee Benefits and Executive Compensation Practice, and he co-chairs the Morgan Lewis ESOP team.

Mr. Ackerman is one of the most knowledgeable ESOP lawyers in the nation, having advised numerous corporations and their shareholders and directors regarding the use of ESOPs in a wide variety of transactions, including leveraged buyouts, corporate stock repurchases, ownership succession transactions and corporate reorganizations. He also regularly serves as legal counsel to ESOP trustees and lenders. Mr. Ackerman has provided legal counseling in connection with several large and complex ESOP transactions, including the recent $8.6 billion Tribune Company going-private transaction.

Mr. Ackerman is the immediate past chair of The ESOP Association's Advisory Committee Chairs' Council and is a past chair of The ESOP Association's National Legislative and Regulatory Advisory Committee. He has also served on the board of directors of The ESOP Association.

Mr. Ackerman has lectured and written extensively on the subject of ESOPs. He speaks regularly at the annual national conferences of The ESOP Association and the National Center for Employee Ownership and at their local and regional conferences. He has also made presentations regarding ESOPs at numerous other seminars, including programs sponsored by the American Institute of Certified Public Accountants and the American Society of Pension Actuaries; continuing legal education programs of several states, including Illinois, Minnesota and Kentucky; and programs sponsored by the Illinois, Ohio, Michigan, and Heart of America chapters of The ESOP Association, the Ohio Employee Ownership Center, the Chicago Bar Association, the Illinois CPA Society, and many banks and other financial institutions.

Mr. Ackerman received his J.D. from Harvard Law School in 1974 and his A.B. from Princeton University in 1971. He is admitted to practice in Illinois.