Oliver Wendell Homes Jr., forefather of judicial restraint, famously interrupted a lawyer pleading for justice before the Supreme Court, reminding counsel that he was seeking relief before a court of law, not a court of justice.

Justice Holmes' tenure on the bench ended well before Congress enacted ERISA in 1974. Since then ERISA cases have routinely found their way before the Supreme Court, proving Congress' ability to write laws that are clear, except when they are not. Searching for trends in past rulings to predict how the high court may now interpret ERISA is an exercise in shoveling smoke, and a temptation Thomas Clark strongly recommends against.

In a former life Clark was an associate at Schlichter, Bogard and Denton, a St. Louis boutique labor law firm at the forefront of a raft of class action ERISA litigation that has either been settled or is now groping its way through the appellate process. After half a decade in the weeds of some of the most contentious ERISA litigation of this era, Clark left the courtroom for FRA PlanTools, a web-based provider of fiduciary risk management solutions, where he counsels plan sponsors and administrators hoping to avoid the crosshairs he once trained on noncompliant fiduciaries.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Nick Thornton

Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.