Clifford Chance's incentives practice is a market leader in share plans and incentives advice. We have a team of experienced lawyers in London, New York and Paris dedicated to this work and more than 100 lawyers advising on incentives matters in our offices around the globe.
We advise on all types of share plans, incentives arrangements and remuneration issues. Our clients include FTSE quoted companies, US, European and Asian multinationals, private equity houses and their investee companies.
Our work includes:
- Designing and implementing executive and all employee incentives plans including LTIPs, option plans, tax-approved/tax-favoured plans in the UK and globally, deferred bonus plans and cash incentives;
- Project managing legal, regulatory and tax advice on international share plans;
Supporting the ongoing operation of plans;
- Advising on the design, set up and funding of hedging products for companies including employee trusts and derivatives (e.g. call options/swaps);
- Advising on the incentives plans impact of takeovers, mergers, IPOs and other corporate transactions;
- Leading companies through the maze of corporate governance, regulatory and shareholder issues affecting executive remuneration and employee benefits;
- Advising on employment tax issues.
We can design share plans and incentives arrangements and draft all documentation to suit your business. Our experience extends from the implementation of standard tax-approved plans to complex, bespoke arrangements designed to fit our clients' requirements. We are there to help not only with the initial launch of plans but also with their ongoing operation.
Our team has extensive experience of helping companies project manage share plan launches. Global share plans form an integral part of our business and we have advised on the operation of share plans in more than 90 countries in the last year alone. Working closely with our employment, regulatory and pensions colleagues, we are also able to provide a comprehensive service in relation to broader executive and employment-related matters.