Sorling Northrup Attorneys at Law
  • SPRINGFIELD
  • CHICAGO

Emily A. Reid-Peterson

Sorling Northrup Law Offices
Springfield

1 North Old State Capitol Plaza
Suite 200
P.O. Box 5131
Springfield, IL 62705

Phone 217.544.1144
Fax 217.522.3173

Chicago

22 West Washington Street
Suite 1500
Chicago, IL 60602

Phone 312.854.7963
Fax 312.854.8001

Emily A. Reid-Peterson
Education

Eastern Illinois University
- Bachelor of Arts in Political Science, 2000
Chicago-Kent College of Law
- Juris Doctor, 2004

Bar
Admissions

Illinois

Practice
Areas

Administrative Law
Business Advising
Contract Preparation
Employee Benefits
Government Affairs
Securities
Transactions

Biography

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Email

erpeterson@sorlinglaw.com

Emily A. Reid-Peterson joined Sorling Northrup in May, 2014, and concentrates her practice in the areas of employee benefits, government affairs and corporate law.

Ms. Reid-Peterson has significant experience counseling employers, governmental entities and investment managers and other service providers regarding matters related to employee benefit plans (e.g., qualified retirement plans and health and welfare plans (“plans”)). She advises clients regarding, among other things:

  • Compliance with ERISA, the Internal Revenue Code (the “Code”) and state laws governing plans, plan administration and the management and investment of plan assets;
  • Best practices for managing fiduciary and regulatory risk and protecting against fiduciary liability;
  • Plan design, documentation, and administration and related disclosure requirements;
  • Review, drafting and negotiation of plan trust, service and investment-related agreements of all kinds;
  • Development of investment offering documentation that complies with ERISA, the Code, and state laws governing plans and plan assets; and
  • Management of plan and service provider conflicts of interest and fee disclosure requirements.

As a former general counsel and chief compliance officer to a state agency, Ms. Reid-Peterson has extensive experience participating in state administrative proceedings and drafting and negotiating intergovernmental and third-party governmental agreements. She provides advice regarding proposed state legislation and existing statutory authority, procurement of government contracts, governmental ethics requirements and conflicts of interest, fee disclosure and other reporting requirements and compliance with state open meeting and freedom of information laws.

She also has experience assisting clients with corporate transactional and governance matters.

Prior to joining Sorling Northrup, Ms. Reid-Peterson was an attorney in the employee benefits and executive compensation practice group of a large, international law firm.

Ms. Reid Peterson was recognized by Chicago Magazine in its 2014 Edition of Top Attorneys, Illinois’ Outstanding Young Women Lawyers. In 2014, 2013, and 2012, SuperLawyers designated Ms. Reid-Peterson as an “Illinois Rising Star.” In 2010, Institutional Investor News designated her as a “Rising Star of Public Funds."

Ms. Reid-Peterson has authored or been the primary contributor to many published articles and blogs, and has also chaired and presented at many industry conferences and seminars.

Published Works:

  • Author, Contract Pointers for Plan Fiduciaries Retaining Service Providers, published in both The Pension Plan Fix-It Handbook and The 401(k) Handbook, Thompson Information Services (April, 2014).
  • Author to the following blogs posted on Benefits Blast, sponsored by Winston & Strawn LLP:
    • IRS Informal Guidance Sheds Light on the Health FSA Carryover/HSA Eligibility Dilemma, April 3, 2014;
    • HHS Prepares for HIPAA Audits, March 19, 2014;
    • Tiblier v. Dlabal: Investment Adviser Not an ERISA Fiduciary Because it Received Compensation From a Third Party, Rather Than the Plan, March 5, 2014;
    • Be Mindful of Section 404(b) of ERISA When Investing ERISA Plan Assets in International Markets, January 21, 2014;
    • Fee Benchmarking Should Be a Priority in the Wake of 401(k) Plan Fee Litigation, January 2, 2014;
    • Best Practices for ERISA Plan Revenue-Sharing Account Arrangements, December 11, 2013; and
    • Plan Fiduciaries Should Be Aware of ERISA Section 408(b)(2)-related Contractual Considerations for Service Provider Contracts, December 5, 2013
  • Primary contributor, Final HITECH Rules Modify Definition of ‘Breach’ under the Breach Notification Rule (Employee Benefit Plan Review, April, 2013).
  • Primary contributor, The DOL’s Disclosure Regime – What’s Next? (Employee Benefit Plan Review, October, 2012).
  • Contributor, How to Tell a Designated Investment Alternative from a Brokerage Window and other Highlights from DOL Field Assistance Bulletin No. 2012-02R (Employee Benefit Plan Review, September, 2012).
  • Primary contributor, Covered Service Provider Disclosure Requirements under Section 408(b)(2) of ERISA (Employee Benefit Plan Review, July, 2012).

Conferences and Seminars:

  • Co-Chair, Advisory Board Member and Speaker, Illinois PERS Summit (June 2-3, 2010)
  • Speaker, Best Practices for Investment Management, Pension De-risking Summit (May 20, 2010)
  • Speaker, Transition Management, ABA Business Law Annual Meeting (April 23, 2010)
  • Co-Chair, Advisory Board Member and Speaker, Illinois PERS Summit (June 22-23, 2009)
  • Advisory Board Member, Hedge Fund Activism & Shareholder Value Summit (October, 2008)
  • Moderator, Challenges in Fund Management, Illinois Public Finance Conference (June, 2008)
  • Moderator, Strategies in Securities Litigation, Hedge Fund Activism & Shareholder Value Summit (October, 2007)
  • Summit (October, 2007)
  • Speaker, Public Fund Roundtable, National Association of Securities Professionals Conference (August, 2007)

Boards and Organizations

Ms. Reid-Peterson is currently a board member for the Frank Lloyd Wright Dana Thomas House Foundation and is also an active member of Women Investment Professionals and the National Association of Public Pension Attorneys.

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