Reid Broda is the Head Employment Law Liaison for Consumer and Business Banking, Mortgage Banking and Commercial Bank lines of business for JPMorgan Chase responsible for interfacing with senior management, managing a portfolio or litigation and providing strategic advice and counsel on all types of human capital opportunities, risks, challenges and threats faced by the firm. He currently manages a team of 4 lawyers and 1 paralegal.
Mr. Broda and his team manage a portfolio of over 200 matters with an outside counsel budget of close to eight figures spanning individual actions to group, collective and class actions involving 100,000+ putative class members. He individually manages matters, oversees internal resources and manages outside counsel with an emphasis on designing effective alternative fee arrangements. Likewise, he is responsible reporting on litigation and pre-litigation matters to senior management on a regular basis, analyzing trends and focusing on risk mitigation and avoidance. He has appeared regularly as a litigator and counselor before the Equal Employment Opportunity Commission, the Illinois Department of Human Rights, other state and federal administrative bodies, the Financial Industries Regulatory Authority, and state and federal trial courts. Mr. Broda has jury trial, bench trial, administrative fora and arbitration experience.
Mr. Broda is a trusted advisor on all aspects of employment law counseling and litigation for diverse lines of business within a leading international financial services company with a strong emphasis on broker-dealer, consumer financial services and investment management businesses. He has developed a specialty in advising on the range of issues associated with the employment of registered investment representatives and regulated broker-dealers and emerging issues in the mortgage industry. Mr. Broda partners with the business in order to deliver people strategies that allow the firm to meet its desired results while working within appropriate risk parameters, identifying emerging issues and trends and suggesting concrete measures for risk mitigation and avoidance. The range of issues faced on a day to day basis include: pre-employment screening; the design, implementation and execution of compensation plans, focusing on deferred, equity, incentive, bonus, emerging regulations and claw backs; drafting, advising on and litigating covenants not to compete and restrictive covenants; providing counsel on employee discipline, termination, severance, workplace investigations, issues under the NLRA, policy development, employment agreements, FLSA, wage and hour issues, workplace accommodations, applications, training, and the protection of intellectual property, trade secrets and confidential information. Mr. Broda also routinely advises on corporate deals and restructurings.
Mr. Broda has appeared in several published cases covering a broad range of topics, including, but not limited to: Phillips v. JPMorgan Chase Bank, N.A., No. 06 C 3747, 2007 WL 1266303 (N.D. Ill. April 30, 2007); Stark v. PPM America, Inc., 354 F.3d 666 (7th Cir. 2004); Guy Carpenter & Co., Inc. v. Provenzale, 334 F.3d 459 (5th Cir. 2003); Anheuser Busch v. Teamsters Local 744, 280 F.3d 1133 (7th Cir. 2002); Peele v. County Mutual Ins. Co., 288 F.3d 319 (7th Cir. 2002); Hogan v. Metromail, 107 F.Supp.2d 459 (S.D.N.Y. 2000); 167 F.Supp.2d 593 (S.D.N.Y. 2001); 2002 WL 373245, 28 Employee Benefits Cas. 1480 (S.D.N.Y. 2002); Lumenite Control Technology, Inc. v. Jarvis, 252 F.Supp.2d 700 (N.D.Ill. 2003); Hupp v. Metromail Corp. Special Severance Plan, 133 F.Supp.2d 681 (N.D.Ill. 2001); and Illinois State Police v. Fraternal Order of Police Troopers, Lodge No. 41, 323 Ill.App.3d 322 (4th Dist. 2001).
Mr. Broda is a member of the bar of the State of Illinois, the United States District Court for the Northern District of Illinois, the United States Court of Appeals for the Fifth Circuit, Eighth Circuit and the Eleventh Circuit. Mr. Broda received a B.A. in American Studies from Knox College, magna cum laude, Phi Beta Kappa, with College Honors. He has an M.A. from the University of Iowa, and a J.D. from Loyola University Chicago School of Law, magna cum laude.
Mr. Broda's pro bono activities have included performing legal work for Lakefront Supportive Housing and the Chicago Coalition for the Homeless, two organizations dedicated to improving the lives of the homeless and recently homeless, and representing an individual plaintiff with respect to her claims of race, religious and disability discrimination in the Northern District of Illinois. He is also an active alumnus of Knox College, serving as Alumni Class Agent and Reunion Chair.