Michael B. Richman

Of Counsel

Michael B. Richman is of counsel in Morgan Lewis's Employee Benefits and Executive Compensation Practice. In addition to employee benefits, Mr. Richman's practice includes the investment management and securities areas. His principal focus is on matters under the ERISA fiduciary responsibility rules. These have included fiduciary governance of ERISA plans, prohibited transaction issues in proposed transactions and transactions under government investigation, and preparing requests to the U.S. Department of Labor for prohibited transaction exemptions and advisory opinions. Mr. Richman has also worked on ERISA compliance for investment funds and investment managers and plan administrative matters.

In the securities area, Mr. Richman has dealt with compliance issues under the Investment Advisers and Investment Company Acts and on ownership reporting under the Securities Exchange Act of 1934, principally as relevant to benefit plans and benefit plan investment.

Prior to joining Morgan Lewis, Mr. Richman was counsel in the benefits and executive compensation and investment management groups at one of the 15 largest global law firms.

Mr. Richman earned his J.D. from Columbia University School of Law in 1988, where he was managing editor for the Columbia Journal of Transnational Law. He earned his A.B., magna cum laude, in history from Princeton University in 1985.

Mr. Richman has authored or co-authored a number of articles on ERISA, benefits, and securities issues. He is the co-author of the book ERISA Class Exemptions and of chapters on the ERISA class exemptions and trustee responsibility in the book ERISA Fiduciary Law, as well as of an overview of the ERISA-prohibited transaction rules for the online BNA ERISA Compliance & Enforcement Library.

Mr. Richman is admitted to practice in the District of Columbia and Maryland and before the U.S. District Court for the District of Maryland.