"In my time at the firm, I've been able to work on
a variety of matters for college and university clients. In
addition to analyzing complex tax issues relating to endowments
and tax-exempt status, I have also been asked assist in providing
answers to some very interesting and unique questions arising
from the wide variety of activities that take place on a college
or university campus. During my first year at the firm,
for example, I researched the reporting of payments made by
a university to individuals who had been human research subjects.
Working with college and university clients to help them
accomplish their educational missions is extremely rewarding.
Ropes & Gray
provides junior associates with a tremendous amount of responsibility,
and I have enjoyed being able to work with clients directly and
learn first-hand about their activities and concerns."
When do we meet?
We have a lunch meeting monthly where members give informal presentations
to update the group on current work.
Our Service Areas
Endowment Matters
We advise extensively on investment vehicles and direct investment programs.
Our broadly diversified investment management practice provides clients seeking
advice on fund investments with in-depth knowledge of the industry and virtually
all major funds, and intimate knowledge of “market” terms, resulting
in cost savings and influence in the negotiation process.
Bond Financing
Drawing on our specialized knowledge of tax-exempt bond markets,
we serve
as borrower, underwriter, and bond counsel to several of the
nation’s leading universities on simple fixed-rate borrowings
for new projects, complex refundings with derivative products,
and post-closing compliance efforts.
Charitable Giving
We advise on all aspects of charitable giving and development,
including gifts of property, planned giving, income and estate
tax consequences, and the administration of charitable trusts
and support organizations.
Tax
A wide variety of tax issues affect colleges and universities,
including the unrelated business income tax, joint ventures
with taxable and tax-exempt organizations, IRS audits, and
state and federal information and tax returns. We advise on
these issues as well as scholarship and fellowship payments,
lobbying and political activities, and faculty and staff housing
programs.
Benefits
Our attorneys advise clients on employee benefits, plan administration,
compliance, U.S. Department of Labor and IRS audits and investigations,
litigation, and changes or proposed changes in the law.
Compensation
We assist many colleges and universities in negotiating employment
agreements for their presidents and other key employees, structuring
deferred compensation arrangements, developing procedures to
comply with the IRS “intermediate sanctions” rules,
and drafting compensation disclosure on the IRS Form 990.
University Governance
Combining our traditional strengths in corporate and tax law
with our extensive work for charitable boards and management,
we provide insightful solutions to university governance questions.
Labor & Employment Matters
We provide full-spectrum guidance on all labor and employment
matters, including faculty and staff collective bargaining,
union organizing, employee discipline, discrimination, immigration,
record retention and privacy, and affirmative action compliance.
Student Affairs
Many colleges and universities seek our advice regarding student
disciplinary matters, disability access and accommodations,
student health services, and admissions policies and practices.
Healthcare Matters and Academic
Medical Centers
Our interdisciplinary health care practice focuses on all aspects
of internal and external relationships affecting universities
that operate programs of medical education and biomedical research
in conjunction with both related and unrelated teaching hospitals.
Compliance
We help private and public universities, academic medical centers
and research institutions ensure compliance with general and
industry-specific regulatory requirements, ranging from fiduciary
and governance concerns to financial reporting and the use of
human subjects for scientific and medical research.
We also represent numerous teaching hospitals, post-secondary
schools, a range of scientific, technical, biotechnology and
medical research organizations, and world-renowned museums. We
rely on our General and Specialized Litigation, Intellectual
Property, and Real Estate Groups for settling disputes,
protecting knowledge, and guiding development efforts.
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