FacultyFaculty/Author Profile
Steven J. Friedman

Steven J. Friedman

Littler Mendelson PC

New York, NY, USA


Steven J. Friedman advises employers on a variety of aspects of employee benefits law, including:
  • The structuring and implementation of qualified and non-qualified retirement plans
  • Welfare and fringe benefits programs
  • Early retirement programs
  • Severance plans
He also has extensive experience counseling employers on Employee Retirement Income Security Act and tax compliance issues related to employee benefits plans, dealing with the governmental agencies that regulate such plans and construing employee benefits laws, such as the Consolidated Omnibus Budget Reconciliation Act and the Family and Medical Leave Act. Additionally, Steven advises clients on the manner in which employee benefits plans may be terminated, modified or restructured and has proficiency in plan conversion issues.

Steven has broad experience dealing with the legal, financial and administrative issues arising under executive compensation arrangements, including:
  • Deferred compensation
  • Supplemental executive retirement arrangements
  • Stock-related compensation
  • Stock appreciation rights
  • Phantom stock plans
  • Stock option plans
He also analyzes issues related to section 409A of the Internal Revenue Code. His expertise extends to employee benefits issues in connection with corporate transactions. A regular commentator to governmental agencies on pending legislation, Steven has also appeared on television and has been quoted in many national legal and business publications on employee benefits topics.

Prior to joining Littler Mendelson, Steven spent nearly 10 years as benefits counsel for a major multinational electronics and entertainment company. He also worked as an adjunct professor at Baruch College where he taught a tax course on employee benefits in 2008.

Professional and Community Affiliations
  • Member, New York State Bar Association
  • Member, Tax Section, Employee Benefits Committee - American Bar Association
Recognition
  • Named, The Best Lawyers in America, 2010-2014
  • Named, Super Lawyer - New York
Education

LL.M., New York University School of Law, 1988
J.D., Boston University, 1985
B.B.A., Emory University, 1982

Bar Admissions

New York
New Jersey

Publications & Press

May 29, 2014
Littler Launches Healthcare Reform Web Portal
Littler Press Release

May 16, 2014
Guests Amy Otto, Steve Friedman and Tom Grant
HealthCare Consumerism Radio

May 8, 2014
Advice for Small Businesses Considering Dropping Health Coverage
BloombergBusinessweek

November 25, 2013
The Cost of Noncompliance
Bloomberg BNA Workforce Strategies

October 16, 2013
My Supply-Side Senses Are Starting to Tingle
Macro and Other Market Musings Blog

October 11, 2013
Shutdown crippling guidance and regulation for employee benefits
Employee Benefit News

October 1, 2013
Should Employers Pay or Play? Podcast by Littler Mendelson Attorneys Steven Friedman and Ilyse Schuman
Bloomberg BNA

September 24, 2013
Steve Friedman, Littler, Discusses Impact of ACA on Small Businesses
The Institute for Healthcare Consumerism

September 19, 2013
What Do Employers Need to Know About the ACA Marketplace Notices?
Littler ASAP

August 29, 2013
Obamacare Still Lets Employers Discriminate—for Now
Bloomberg Businessweek

August 15, 2013
Littler Attorneys Named in Best Lawyers in America® 2014 Edition
Littler Press Release

August 14, 2013
Employer Mandate Delay: Beware of Ignoring the ACA
Littler Insight

June 19, 2013
Confused IRS Tax Rules Threaten Obamacare Rollout
The Fiscal Times

June 19, 2013
Will Obamacare Hurt Jobs? It's Already Happening, Poll Finds
CNBC

June 11, 2013
ACA Employer Play or Pay Requirements: What Does it Mean for Employers?
Littler ASAP

June 4, 2013
2013 Pensions & Retirement Plans - Global Overview
Getting the Deal Through Law Business Research Ltd.

June 4, 2013
2013 Pensions & Retirement Plans - USA
Getting the Deal Through Law Business Research Ltd.

May 29, 2013
ACA Bad for Small Business
Employee Benefit Advisor

May 14, 2013
ACA Bad for business, say small employers
Employee Benefit News

May 9, 2013
Workplace Policy Institute: The Labor, Employment and Benefits Law Implications of the Affordable Care Act - Are You
Prepared?
Littler Report

May 9, 2013
Littler’s Healthcare Reform Consulting Group Addresses Affordable Care Act Compliance
Littler Press Release

March 1, 2013
Court denies contraception coverage injunction
InsideCounsel

February 21, 2013
The 2012 Global Employer: Highlights of Littler's Fifth Annual Global Employer Institute
Littler Report

February 14, 2013
The IRS's Retirement Plan Correction Program Has Been Updated and Expanded
Littler ASAP

November 21, 2012
A Guide to Employee Benefits Administration and Leaves of Absence
Littler Insight

November 1, 2012
Lessons for 401(k) Plan Fiduciaries
HR Magazine

November 1, 2012
Employers must choose to pay or play under the Affordable Care Act
InsideCounsel

October 29, 2012
Employers with Insured Health Plans Must Take Care in Providing Healthcare Subsidies to Departing Executives
Littler ASAP

October 15, 2012
Time is Running Out! December 31 Deadline Nears for Documentary Correction of Payments Contingent on the Execution of a Release Under Section 409A
Littler ASAP

September 7, 2012
Best Lawyers in America® Names 164 Littler Attorneys to 2013 Edition
Littler Press Release

August 1, 2012
HHS shaming power has little effect on health plans
Employee Benefit News

July 27, 2012
Health Care Reform: Critical Next Steps for Employers
TLNT

July 17, 2012
Pension Funding Relief With Strings Attached
Compliance Week

July 13, 2012
Post-PPACA: Time For Employers To Take Action
Law360.com

July 11, 2012
Get ahead of the curve on 401(k) disclosures
benefitspro

June 29, 2012
High Court Health Care Ruling Leaves Open Questions on Benefits Structure, Lawyers Say
Bloomberg BNA Pension & Benefits Daily

June 29, 2012
HR Leaders Scrambling After Supreme Court's Health Care Reform Ruling
Workforce Management

June 29, 2012
Health care ruling spurs employment action, tort debate
LawyersUSA

June 28, 2012
Health Care Reform Stands & Employers Must Now Take Action
Littler ASAP

February 16, 2012
Agencies Issue Final Rule Regarding Summary of Benefits and Coverage
Littler ASAP

February 15, 2012
The 2011 Global Employer: Highlights of Littler's Fourth Annual Global Employer Institute
Littler Report

February 14, 2012
Another Unexpected Surprise for International Assignees: Section 457A (No, Not 409A!) of the U.S. Tax Code
Littler ASAP

September 12, 2011
Best Lawyers in America® Names 108 Littler Lawyers to 2012 Edition
Littler Press Release

September 6, 2011
Agencies Issue Proposed Rule Outlining PPACA Requirements for Summary of Benefits and Coverage
Littler ASAP

July 12, 2011
The Marriage Equality Act: How Will New York's Same-Sex Marriage Law Impact Employee Benefits?
Littler ASAP

July 8, 2011
IRS Proposed Regulations Clarify Certain Equity Compensation Rules Under IRC Section 162(m)
Littler ASAP

April 5, 2011
IRS Issues Guidance on Form W-2 Reporting for Costs of Employer-Provided Coverage
Littler ASAP

March 31, 2011
Health Care Reform One Year Later: The Status of the Patient Protection and Affordable Care Act Implementation
Littler Insight

March 3, 2011
Mandatory Shareholder Approval of Executive Compensation: SEC Releases Final Rules on "Say on Pay"
Littler ASAP

August 9, 2010
Seventy-Two Littler Attorneys Named to The Best Lawyers in America® 2011
Littler Press Release

May 6, 2010
Health Care Reform: Are You Prepared? A Timeline for Employers to Follow
Littler Insight

March 24, 2010
Must-Know Facts About Health Reform - March 2010
Corporate Counsel

March 23, 2010
Health Care Reform – What are Key Considerations for Employers?
Littler Insight

March 17, 2010
Employer CHIP Notice Will Assist Employers' Compliance with CHIPRA
Littler ASAP

March 8, 2010
COBRA Subsidy Extended and Expanded
Littler ASAP

January 15, 2010
The Top 10 Questions Employers Should Ask About Health Care Legislation
Littler Insight

August 14, 2009
61 Littler Attorneys Named to The Best Lawyers in America® 2010
Littler Press Release

June 12, 2009
Brian Dixon, Steven Friedman and Gerald Hathaway Explain Key Aspects of Furlough Implementation
Society for Human Resource Management (SHRM)

May 11, 2009
The Emerging New Workforce: Employment and Labor Law Solutions for Contract Workers, Temporaries, and Flex-
Workers
Littler Report

February 19, 2009
Stimulus Package: An In-Depth Look at the New COBRA Subsidy in the ARRA
Littler ASAP

February 5, 2009
Steven Friedman Explains Effects of Obama's Cap on Executive Salaries
The National Law Journal

November 18, 2008
Michelle's Law Extends Group Health Benefit Plan Eligibility for Dependent Students on a Medically Necessary Leave of Absence
Littler ASAP

November 18, 2008
A Section 409A Year-End Reminder: Action May Be Required Now
Littler ASAP

October 17, 2008
Emergency Act Leaves Many Unanswered Questions
Law360.com

October 13, 2008
And You Thought the Bailout Was Bad: Employment Law Risks in the Current Financial Crisis
Littler Insight

October 8, 2008
The Emergency Economic Stabilization Act of 2008 Extensively Regulates Executive Compensation, but Leaves Many Unanswered Questions
Littler ASAP

May 28, 2008
IRS Releases 2009 Health Savings Account Limits
Littler ASAP

April 30, 2008
IRS Changes the Rules for Performance-Based Compensation
Littler ASAP

April 2008
2008 Compliance Strategies for Employers in Light of Final 409A Regulations
Compensation & Benefits Review, Vol. 40, Issue 2

March 27, 2008
US Supreme Court Allows EEOC Medicare Coordination Ruling to Stand
Littler ASAP

March 25, 2008
DOL Checklist Offers Key to the Mysteries of Wellness Program Identification
Littler ASAP

March 2008
US Supreme Court Allows EEOC Medicare Coordination Ruling to Stand
Littler ASAP

January 3, 2008
Steve Friedman Discusses Outcome of New EEOC Rule on Medicare
Law360.com

2008
Key Challenges in Compensating Executive Under Section 409A Human Resources 2008 – Answers to Your Top 25 Questions
Thompson Publishing

December 28, 2007
New Rules Permit 2% Shareholder-Employee To Deduct Employer-Paid Accident and Health Premiums and Reimbursements
Littler ASAP

November 7, 2007
IRS Extends 409A Compliance Deadline and Provides Guidance on 409A Reporting
Littler ASAP

September 19, 2007
IRS Extends Section 409A Documentation Deadline – Action Still Required By December 31, 2007
Littler ASAP

September 2007
DOL Extends Section 409A Documentation Deadline – Action Still Required By December 31, 2007
Littler ASAP

August 9, 2007
Section 409A Broadly Impacts Employment Agreements, Severance Arrangements and Settlement Agreements
Littler Insight

July 11, 2007
Steve Friedman Comments on Lack of Backlash from Stock Options Backdating
CFA Magazine

April 20, 2007
Friedman Urges Employers to Ensure Compliance With Section 409A, Internal Revenue Code
SHRMOnline

April 19, 2007
Final Section 409A Regulations Affect a Wide Range of Compensation Devices and Require Employer Action by Year-End
Littler ASAP

April 2007
Civil Unions Protected and Discrimination Barred in New Jersey
Privacy & Data Security Law Journal

February 1, 2007
IRS Releases First Pension Protection Act Guidance
Littler ASAP

January 10, 2007
Lisa Chagala and Steve Friedman Offer Alternatives to Smoking Employees
HR Daily Advisor

January 5, 2007
New Jersey Extends Statutory Rights and Protections to Civil Union Partners and Prohibits Discrimination on the Basis of Gender Identity or Expression
Littler ASAP

2007
Benefits Issues in Mergers and Acquisitions, IICLE Practice Handbook
Labor and Employment Issues in Transactions, Business Restructuring and Workforce

December 22, 2006
Just In Time For the Holidays - Changes In Health Savings Account Rules Under the New Health Opportunity Patient Empowerment Act of 2006
Littler ASAP

December 1, 2006
Steve Friedman Notes Blocking Exit Packages May Snowball
The Wall Street Journal

December 2006
Just In Time For the Holidays – Changes In Health Savings Account Rules Under the New Health Opportunity Patient Empowerment Act of 2006
Littler ASAP

October 31, 2006
Steve Friedman Comments on 401K Oversight Lawsuits
Compliance Weekly

October 24, 2006
Steve Friedman Comments on Comverse Backdating Scandal
Forbes.com

October 13, 2006
The IRS Extends Transitional Rules for Deferred Compensation – And Reminds Employers of Their Current Obligations
Littler ASAP

August 17, 2006
Cash Balance Comeback - New Opportunities for Employers in Wake of Court Decision and New Legislation
Littler ASAP

July 5, 2006
Penalizing Applicants and Employees For Smoking: A Potential Smoking Gun?
Littler ASAP

May 19, 2006
Supreme Court Breathes New Life Into the Ability of Benefits Plans to Sue Under ERISA to Seek Recoupment
Littler ASAP

March 29, 2006
Steve Friedman Urges Employers to Comply with HIPAA Privacy Rule
SHRM Online

January 31, 2006
New Jersey Mandates Insurance Coverage for Dependents Under Age 30
Littler ASAP

December 2005
Year-End Employee Benefits and Executive Compensation Checklist
Littler ASAP

October 2005
Steps Every 401(k) Sponsor Should Take to Minimize Fiduciary Risks
Employee Benefits Plan Review

July/August 2005
Flexibility From IRS For Flexible Spending Accounts
World Trade Executive

June 6, 2005
IRS Allows Employers to Provide Grace Period for Flexible Spending Accounts (FSAs)
Littler ASAP

April 1, 2005
Recent District Court Decision May Hamper Employers Ability to Reduce Retiree Health Care Programs for Medicare-Eligible Retirees
Littler ASAP

March 14, 2005
Changing Rules on Deferred Compensation Plans
GC New York

January 2005
New Legislation May Require Extensive Changes for New and Existing Executive Compensation Arrangements
Case n’ Point (online newsletter of the California Bar Association)

December 29, 2004
New Rules Defining Dependents Will Impact Employee Benefits
Littler ASAP

October 11, 2004
New Legislation May Require Extensive Changes for New and Existing Executive Compensation Arrangements
Littler ASAP

August 1, 2004
SEC Turns Up the Heat on 401(k) Fiduciaries
Littler ASAP

March 30, 2004
Cloud of Doubt Regarding "Reverse Age Discrimination" Blown Away: Supreme Court Rules That ADEA Does Not Prohibit Practices Favoring "Older" Employees
Littler ASAP

June 30, 2003
Public Companies Should Consider Restricting 401(k) Plan Loans for Executive Officers and Directors
Littler ASAP

March 31, 2003
Recent Legislative and Regulatory Provisions Require That Employers Pay Close Attention to Their Employee Benefits Plans
Littler ASAP

Speaking Engagements

June 20, 2014

The Affordable Care Act: Preparation for 2015 & Beyond
Littler Mendelson, Melville, NY

June 19, 2014
2014 Employee Benefits Summit
Littler Mendelson, Atlanta, GA

April 24, 2014
Overview of ERISA Fiduciary Responsibilities
2014 New Jersey Fiduciary Summit - Xponential Growth Solutions (XGS), Bridgewater, NJ

November 1, 2013
Workplace Uncertainties Under the ACA: Preparing the Employer and Employee for the Road Ahead
Hofstra Labor & Employment Law Journal, Hempstead, NY

September 19, 2013
The Shifting Landscape of Employee Benefits – Imperatives for 2013 and Beyond
Littler Mendelson, Burlington, MA

June 11, 2013
Affordable Care Act Update
Littler Mendelson and DeWitt Stern, New York, NY

May 22, 2013
The Affordable Care Act — Critical Next Steps for Employers
Littler Mendelson, Philadelphia, PA

April 2, 2013
The Affordable Care Act — Critical Next Steps for Employers
Littler Mendelson, Long Island, NY

January 24, 2013
The Impact of the 2012 Elections on Labor, Employment and Benefits Law
Littler Mendelson, Fairport, NY

January 15, 2013
Preparing For 2014 – Dealing With the ACA's Safe Harbor Rules For Determining Who is a Full-Time Employee
Littler Mendelson, New York, NY

December 11, 2012
Health In a Hand Basket - What Employers Need to Know Now
Littler Mendelson and American Apparel & Footwear Association (AAFA) - Webinar

December 5, 2012
The ACA's Impact on Employment and Severance-Related Documents and the Increase in DOL Plan Audit Activity
Littler Mendelson Webinar

December 4, 2012
The Bottom Line: Achieving Financial Excellence in the Apparel and Footwear Industry
Littler Mendelson and American Apparel & Footwear Association (AAFA), New York, NY

November 7, 2012
Running with Scissors: What U.S. Employers Should Know Before Cutting Global Staff
Global Employer Institute, Littler Mendelson, Washington D.C.

October 18, 2012
Financial Services HR Roundtable: Failure to Communicate and Other Problems
Littler Mendelson, New York, NY

October 11, 2012
The Shifting Landscape of Employee Benefits – Imperatives for 2012 and Beyond
Littler Mendelson, Marina del Rey, CA

September 28, 2012
Atlanta Employer Conference
Littler Mendelson, Atlanta, GA

September 28, 2012
Patient Protection and Affordable Care Act – What it Means After the Supreme Court’s Decision and What Employers Should Do About It
Atlanta Employer Conference, Littler Mendelson, Atlanta, GA

July 11, 2012
U.S. Supreme Court Upholds Health Care Reform – What Does This Mean for Your Company?
Littler Mendelson Webinar

June 29, 2012
U.S. Supreme Court Upholds Health Care Reform – What Does This Mean for Your Company?
Littler Mendelson Webinar

May 10, 2012
Health in a Handbasket - Where Healthcare is Headed and What Employers Should Do about It
The 2012 Executive Employer® Conference, Littler Mendelson, Scottsdale, AZ

March 9, 2012
Financial Services Roundtable: Update on Compensation Trends in the Financial Services Industry
Littler Mendelson, New York, NY

October 27, 2011
Cross-Border Employment and Labor Law Topics: The Nuts and Bolts of a Global Mobility Program
Littler Mendelson Webinar

October 11, 2011
Financial Services HR Roundtable: Employment Agreements for Financial Institutions
Littler Mendelson, New York, NY

June 8, 2011
The 2011 Littler Health Care Summit
Littler Mendelson, New York, NY

May 11, 2011
Communications, Fiduciary Liability, and Plan Administration Challenges Facing Retirement Plan Sponsors
Littler Mendelson, New York, NY

February 10, 2011

New York Benefits Summit
Littler Mendelson, New York, NY

November 30, 2010
Health Care Reform: What Employers Need to Know Now
Littler Mendelson, New York, NY

November 10, 2010
Health Care Reform: What Employers Need to Know Now
Littler Mendelson Webinar

September 29, 2010
Health Care Reform: What Employers Need to Know Now
Littler Mendelson, Boston, MA

April 2, 2010
Health Care Reform: What Does It Mean for Employers?
Littler Mendelson Webinar

April 1, 2009
Reductions in Force: The Puzzle, The Process And Alternatives
Littler Mendelson, Las Vegas, NV

March 19, 2009
The New COBRA Subsidy: What Your Organization Needs to Do – And When
Littler Mendelson Webinar

March 6, 2009
Reductions in Force: The Puzzle, The Process
Littler Mendelson, New York, NY

July 2008

Employee Severance and Release Agreements: The Courts’ Latest Rulings
Strafford Legal Teleconference

May 2008
Navigating the New Complexities of Deferred Compensation
Strafford Legal Teleconference

January 16, 2008
What You Don't Know About Deferred Compensation Can Harm You: Do You Have an Action Plan?
Littler Mendelson, Charlotte, NC

January 2008
Employee Severance: Crafting and Negotiating Enforceable Contracts
Strafford Legal Teleconference

October 4, 2007
A Benefits Double-Feature
Littler Mendelson, Denver, CO

October 2007
Final 409A Regulations, Countdown to 12/31/07 Compliance
Strafford Legal Teleconference

June 26, 2007
A Benefits Double - Feature
Littler Mendelson, Boston, MA

June 21, 2007
What You Don't Know About Deferred Compensation Can Hurt you - Do You Have a 2007 Action Plan?
Littler Mendelson, Minneapolis, MN

June 2007
Hot Topics in Health Benefit Plans
Lorman Education Services Seminar

May 2007
What You Don't Know About Deferred Compensation Can Hurt You – Do You Have an Action Plan?
Littler Mendelson Webinar

May 2007
Executive Compensation: How to Comply with New IRS Rules on Section 409A
Audio Conference - IOMA

December 2006
The New World of Deferred Compensation under Section 409A
New York State Bar Association

November 2006
Legal and Practical Considerations of Operating a Business
National Business Institute

May 2006

Employment Related Records
Lorman Education Services Seminar

November 2005
The New Deferred Compensation Rules – Critical Concepts You Need to Know
Littler Mendelson

September 2005
Executive Compensation Governance
Open Compliance and Ethics Group

September 2005
Health Plan Issues
Association of Law Administrators

May 2005
A Primer on New Deferred Compensation Rules
American Corporate Counsel

April 2005
Benefits Update
American Corporate Counsel

October 2004
Fiduciary Concerns of 401(k) Plan Sponsors
Defined Contribution/401(k) Plan West Coast Conference

September 2004
Employee Benefits and Executive Compensation Update
East Coast Employer Conference - Littler Mendelson

June 2004
Employment Related Records in New York
Lorman Education Services Seminar

June 2004
COBRA Update
Mid-Atlantic Employers' Association

May 2004
HIPAA Compliance
Association of Law Firm Administrators

April 2004
Benefits Considerations in Mergers and Acquisitions
Society of Certified Employee Benefits Specialists - South Florida Chapter

January 2004
COBRA Update
Mid-Atlantic Employers' Association

Books & Book Chapters
  • Executive Compensation, Open Compliance and Ethics Group Manual, co-editor, 2005
Blog Posts

October 28, 2011
DOL Finalizes Investment Advice Regulations
Workplace Policy Update

May 19, 2010
New Instructions for the Small Employer Tax Credit Under PPACA
Employee Benefits Counsel

May 6, 2010
IRS Publishes 2010 Average Premiums by State to Help Small Employers Gain Access to the New Tax Credit for Health Care Contributions
Employee Benefits Counsel

April 27, 2010
New Updates to the CHIP Model Notice
Healthcare Employment Counsel

February 10, 2010
Employer CHIP Model Notice Released
Healthcare Employment Counsel
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