Steven D. Spencer advises clients on collectively bargained employee benefits, and on the application of labor and employment laws to employee benefits. Steven leads the firm’s employee benefits and executive compensation practice, and its executive compensation and employee benefits interdisciplinary practice. Employers buying, selling, contributing to, and withdrawing from multiemployer plans seek his advice on withdrawal liability, ERISA as amended by the Multiemployer Pension Protection Act, the Pension Protection Act of 2006, the Multiemployer Pension Reform Act, and the Patient Protection and Affordable Care Act.
Steven represents companies in numerous industries including construction, supermarkets, warehousing, maritime, baking, paper, printing, news, laundry, dry cleaning, rental uniforms, food services, transportation, as well as the public sector. He counsels clients on US federal and state statutes as they apply to employee benefits plans, structured employee benefit plans to avoid or withstand litigation, and to reduce costs. He represents employers in all aspects of collectively bargained benefits and regularly advises on withdrawal liability issues, whether they arise in connection with a proposed transaction or in defense of a withdrawal liability claim, as well as questions arising from the implications of the Affordable Care Act in collectively bargained plans.
Steven serves as an adjunct professor at both the University of Pennsylvania and Villanova University law schools, teaching a course on employee benefits law.
Columbia Law School, 1978, J.D.
Cornell University, 1975, B.S.
Awards and Affiliations
Former Co-Chair, American Bar Association, Subcommittee on Employee Benefits of the Labor and Employment Law Section
Charter Fellow, American College of Employee Benefits Counsel
Former Contributing Editor, ERISA Preemption Chapter of Employee Benefits Law
Ranked, Chambers USA: America's Leading Lawyers for Business (2005, 2008–2017)
Ranked, The Best Lawyers in America (2007–2018)
Named, Best Lawyers "Lawyer of the Year," Employee Benefits (2011, 2016, 2018)
Leading Lawyer, Employee Benefits and Executive Compensation, The Legal 500 US (2013–2017)