People: Adam Greetis, Partner

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Adam Greetis

Partner

Chicago
Direct: (312) 460-5520
Fax: (312) 460-7520
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Mr. Greetis is a partner in the firm’s Employee Benefits & Executive Compensation Department.  He has a broad-based, comprehensive practice which involves all areas of employee benefits law.  Mr. Greetis advises both single employers and multiemployer plans.

Executive Compensation.  Mr. Greetis counsels both businesses and executives in all aspects of executive compensation.  He has substantial experience advising on executive employment and separation matters and has personally negotiated employment and pay arrangements for many organizations and executives.  Mr. Greetis also regularly advises organizations on the legal aspects of incentive pay, option plans, restricted stock arrangements, nonqualified deferred compensation plans and agreements, supplemental executive retirement plans, and other forms of equity and executive pay.

Qualified Retirement Plans.  Mr. Greetis has considerable experience advising organizations on the legal issues that arise in establishing, sponsoring, and maintaining qualified retirement plans.  Mr. Greetis has counseled employers on most aspects of ERISA and Internal Revenue Code compliance and through Department of Labor and Internal Revenue Service audits and plan correction programs.  Mr. Greetis has advised several employers involved in contracting with and transitioning between third party service providers.

Health and Welfare Plans.  Mr. Greetis regularly advises employers on legal issues that arise with health and welfare plans, including COBRA liability and HIPAA requirements, reductions in force, severance pay arrangements, and various group health plan cost containment mechanisms including disease management programs, health savings accounts, and health and wellness incentives.

Mergers and Acquisitions.  Mr. Greetis routinely works with business transaction lawyers from both inside and outside the firm in identifying and resolving employee benefits legal issues that arise in all forms of business transactions.  Mr. Greetis’ work involves both pre-transaction due diligence and transaction agreement review and drafting as well as post-transaction benefit integration.

Mr. Greetis is a partner in the firm’s Employee Benefits & Executive Compensation Department.  He has a broad-based, comprehensive practice which involves all areas of employee benefits law.  Mr. Greetis advises both single employers and multiemployer plans.

Executive Compensation.  Mr. Greetis counsels both businesses and executives in all aspects of executive compensation.  He has substantial experience advising on executive employment and separation matters and has personally negotiated employment and pay arrangements for many organizations and executives.  Mr. Greetis also regularly advises organizations on the legal aspects of incentive pay, option plans, restricted stock arrangements, nonqualified deferred compensation plans and agreements, supplemental executive retirement plans, and other forms of equity and executive pay.

Qualified Retirement Plans.  Mr. Greetis has considerable experience advising organizations on the legal issues that arise in establishing, sponsoring, and maintaining qualified retirement plans.  Mr. Greetis has counseled employers on most aspects of ERISA and Internal Revenue Code compliance and through Department of Labor and Internal Revenue Service audits and plan correction programs.  Mr. Greetis has advised several employers involved in contracting with and transitioning between third party service providers.

Health and Welfare Plans.  Mr. Greetis regularly advises employers on legal issues that arise with health and welfare plans, including COBRA liability and HIPAA requirements, reductions in force, severance pay arrangements, and various group health plan cost containment mechanisms including disease management programs, health savings accounts, and health and wellness incentives.

Mergers and Acquisitions.  Mr. Greetis routinely works with business transaction lawyers from both inside and outside the firm in identifying and resolving employee benefits legal issues that arise in all forms of business transactions.  Mr. Greetis’ work involves both pre-transaction due diligence and transaction agreement review and drafting as well as post-transaction benefit integration.

Education

  • J.D., Chicago-Kent College of Law, Illinois Institute of Technology
  • B.A., University of Illinois

Admissions

  • Illinois

Affiliations

  • Financial Executives International
  • Human Resources Management Association of Chicago (HRMAC) (Co-Chair, Young HR Leaders Interest Group; Planning Committee; Total Rewards Interest Group)
  • The Management Association of Illinois
  • Society of Human Resource Management

Presentations

  • “Top 10 Employee Benefits Cases of the Past Year,” Human Resources Management Association of Chicago, Webinar Series (May 24, 2011)
  • “Health Care Reform – Regulatory Guidance Update,” The Management Association of Illinois, (July 22, 2010)
  • “Health Care Reform Briefing,” The Management Association of Illinois, (April 13, 2010)
  • “An Insider's Guide to Department of Labor Audits," Management Association of Illinois (March 11, 2010)
  • “Managing the Vendor Relationship,” Human Resources Management Association of Chicago, Webinar Series (December 1, 2009)
  • “Up-to-the-minute Trends in Executive Pay,” Human Resources Management Association of Chicago, Total Rewards Interest Group Program (June 11, 2009)
  • “Review of Fiduciary Responsibilities for Plan Sponsors: How to Manage and Reduce ERISA Fiduciary Liability Risk,” Financial Executives International, Chicago Chapter Professional Development Program (March 19, 2009)

Publications

  • Author, “Benefits Issues in Terminating an Executive," WorldatWork (April 7, 2010)
  • Author, “Pending and Proposed Executive Compensation Legislation,” WorldatWork (April 7, 2010)
  • Author, “Increased Use of Alternative Workers Raises Critical Benefits Issues,” Society of Human Resources Management Online (February 23, 2010)
  • Author, "Terminating a Senior Executive Key Benefits Issues," Practical Law Company(January 2010)
  • Co-author, “Retirement Plan Distributions Under the United States Tax Treaties,” 10 Journal of Pension Benefits 2 (Winter 2003)
  • Co-author, “Self-Directed Brokerage Accounts and ERISA’s Fiduciary Requirements: A Workable Approach,” Journal of Pension Benefits (Winter 2002)
  • Co-author, “EB Adviser: New 401(k) Safe Harbor Rules- Q&A,” 72 ABA Trust & Investments 42 (1999)