Labor and employment issues often present significant risks in corporate transactions, with potential impacts ranging from litigation and regulatory penalties to workforce disruption. Akerman’s Labor & Employment team helps buyers and sellers anticipate and manage these risks to achieve smooth workforce transitions.
We conduct due diligence on both the buy-side and sell-side of deals, covering union and non-union workforces. Our review includes compliance with federal and state employment laws, employee and independent contractor classifications, wage and hour exemptions, and the use of temporary or leased workers to identify potential liabilities. We draft and negotiate key labor and employment provisions in purchase agreements, restrictive covenants, and transition services agreements, as well as employment, retention, and incentive agreements to secure critical talent.
For asset transactions, we guide clients through employee onboarding, new-hire compliance, and the transfer of benefits, leave, and related obligations. Using Akerman’s proprietary post-closing checklist, we help ensure compliance and workforce continuity at every stage of the transaction.
