Shearman Logo

balance scale

Feb 06, 2015

Laverriere, Lilienfeld Publish Article on Pay Practices

Subscribe

Jump to...

 

Partners Kenneth Laverriere (New York-Compensation, Governance & ERISA) and Doreen Lilienfeld (New York-Compensation, Governance & ERISA) co-authored an article titled "Standing On Higher Ground: How And When To Adopt Pay Practices That Don't Comply With Proxy Adviser Guidelines,” published by Bloomberg BNA’s Corporate Law & Accountability Report.

In their article, Laverriere and Lilienfeld discuss the emerging consensus on when to depart from proxy adviser guidelines regarding pay practices. According to the authors, “investor pay guidelines are an important factor for compensation committees to consider in setting its pay philosophy, pay components and pay levels, but they are not the most important factor and are not a substitute for the committee’s sound judgment.”

The article can be accessed here.

Authors and Contributors

Kenneth J. Laverriere

Partner

Compensation, Governance & ERISA

+1 212 848 8172

+1 212 848 8172

New York

Doreen Lilienfeld

Partner

Compensation, Governance & ERISA

+1 212 848 7171

+1 212 848 7171

New York