Lori Shannon
Counsel
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Specialties & Experience
About Lori Shannon — Counsel in Chicago, Illinois
Lori Shannon is a dedicated Counsel based in Chicago, Illinois, focusing her practice on complex employment law matters. With an extensive background spanning over 28 years in the legal field, complemented by prior experience as a Certified Public Accountant, Lori provides comprehensive counsel to private and public companies, as well as tax-exempt entities. Her work centers on the design, implementation, compliance, and tax implications related to employee benefit plans, executive compensation, and compensatory equity plans and agreements. As an Employment Law attorney Chicago, Lori Shannon assists clients in navigating the intricacies of federal and state regulations, ensuring their compensation and benefits structures are both effective and compliant.
For businesses seeking an experienced Employment Law lawyer Chicago Illinois, Lori Shannon offers invaluable guidance. She advises on a wide range of transactions for public and private for-profit companies, alongside tax-exempt and governmental entities. This includes critical due diligence compliance, thorough risk assessments, and seamless post-transaction compensation and benefits integration. Her meticulous approach helps clients mitigate risks and achieve their strategic objectives in the dynamic landscape of employment law.
Location & Contact
Frequently Asked Questions
Where is Lori Shannon located?
Lori Shannon is located in Chicago, Illinois.
What areas of law does Lori Shannon practice?
Lori Shannon focuses her practice on Employment Law, specifically employee benefit and executive compensation matters. This includes tax-qualified retirement plans, 403(b) plans, health and welfare benefit plans, nonqualified deferred compensation plans, and equity-based incentive plans.
She also advises on executive and physician employment and consulting agreements, severance, retention, and change in control agreements, as well as corporate governance and ERISA reporting and disclosure requirements.
Is Lori Shannon part of a law firm?
Lori Shannon runs an independent practice as Counsel.
How can I contact Lori Shannon by phone?
You can contact Lori Shannon by phone at 312-214-5664.
How can I schedule a consultation with Lori Shannon?
To schedule a consultation with Lori Shannon, please refer to the contact options available on this page.
More about Lori Shannon
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Practice Areas
Employment Law
Employment law encompasses the comprehensive body of laws and regulations governing the relationship between employers and employees. In Chicago, Illinois, and across the state, this practice area addresses a wide array of issues, from employee benefits and executive compensation to workplace compliance. For companies operating in Illinois, understanding and adhering to these laws is crucial to avoid disputes and ensure fair practices. Common situations requiring an Employment Law attorney Chicago include designing and implementing compliant retirement plans, structuring executive compensation packages, and navigating the complexities of health and welfare benefit plans. Counsel in this area matters significantly because it helps businesses develop robust and legally sound employment policies, manage risk, and ensure that their compensation and benefits structures attract and retain talent while complying with federal acts like ERISA and state-specific regulations.
For businesses in Chicago, Illinois, addressing employment law challenges effectively requires a knowledgeable attorney in Chicago, Illinois. Lori Shannon focuses on key aspects such as tax-qualified retirement plans, 403(b) plans, and nonqualified deferred compensation plans, including 457 plans. She also handles equity and phantom equity-based incentive plans for various corporate structures, including C corporations, S corporations, partnerships, and limited liability companies. Furthermore, Lori assists clients with the design and drafting of critical agreements, such as executive and physician employment and consulting agreements, as well as severance, retention, and change in control agreements. Her guidance on corporate governance, fiduciary best practices, and ERISA reporting and disclosure requirements is essential for maintaining operational integrity and legal compliance for employee benefit plans.
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Serving Chicago and the Surrounding Areas
Lori Shannon is proud to serve clients throughout Chicago, Illinois, and the surrounding metropolitan areas. Her practice is deeply rooted in understanding the unique legal and business environment of this region. Whether you are a public company, a private firm, or a tax-exempt organization, Lori provides counsel tailored to the specific needs and challenges faced by entities operating within Illinois. Her commitment to clients extends to ensuring their employee benefits, executive compensation, and employment agreements align with both state and federal regulations, offering peace of mind to employers across various industries.
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Consultation
Navigating the complexities of employment law, employee benefits, and executive compensation requires experienced guidance. If your organization is seeking an Employment Law attorney Chicago, Lori Shannon is available to discuss your needs. She focuses on providing clear, actionable advice to help businesses develop compliant and effective compensation and benefits strategies. We invite you to get in touch to learn how Lori Shannon can assist you. Please use the contact options provided on this page to schedule a consultation.
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