To say that running a law firm is a challenge is something of an understatement. Not only does your long-term success thrive on your ability to attract and retain the best employees, but you are also dealing with countless cases for clients that you have a duty to. The administrative burden of this alone is huge - which is why it also becomes a problem when you're tasked with handling the operation of your own business from the point of view of things like benefits.
AEIS has the capability to
streamline this process dramatically, making sure all essentials are taken care of so you can devote the maximum amount of your attention where it belongs: on your clients.
At AEIS, we have the industry-specific experience needed to not only make sure you're offering the most competitive benefits package that you can when compared to other firms of your size, but to also
strategize on the effects of things like HIPAA, the Affordable Care Act, COBRA, ERISA, and more - all so that you can focus less on how state and local laws regarding employee benefits impact your firm so that your firm can help as many people as possible. Law firms are heavily focused on customer service, and we believe that the same care and attention should be directed towards your employees and your employee benefits. At AEIS, we have the tools to help you benchmark your employee benefits package against other Law Firms, so you know you are offering the best employee benefits package to help attract and retain top lawyers, paralegals, and support staff.
To put together the best employee benefits package for your Law firm, it helps to know where you stand. Here at AEIS, we have access to a proprietary 2023 UBA Employee Benefits Benchmarking Trends Report, which was put on every U.S. Senator's Desk and represents over 10,000+ employers.
Here are a few trends that pull from the participating Professional Service employers, including Law Firms, in California:
At AEIS, we have years of experience working not only with law firms, but with just about every type of legal professional you can think of. We understand that the needs of a major firm will vary wildly from those of a smaller private practice. That's why, rather than trying to force all clients into some "one size fits all" box, we work with them as individuals to come up with the right approach to employee benefits for the right situation.
Examples of various types of Law Firms we partner with include:
Not only is AEIS prepared to work with you to make sure your law firm is up on the current trends, we also help you remain “audit- ready” year round.
Just a few of the insurance coverage options that AEIS specializes in for law firms include but are certainly not limited to ones like:
Regulations are constantly evolving, and your employee benefits plans must keep up with them. By working together to effectively anticipate and manage emerging regulatory issues, we make sure you stay “audit-ready” year-round and reduce the risk of financial and reputational damage.
Our experts will continually assess the effects that ACA, HIPAA, COBRA, ERISA, and State & Local (especially San Francisco regulations) laws have on your benefits plan – providing you with a tailored compliance review. This review protects your employees and helps you avoid expensive compliance-related mistakes in the future.
The development of your company relies heavily on your HR department, which is why we provide complimentary HR consulting through strategic partners. Providing a variety of Human Resources services for companies, our partners are your cost-effective alternative to hiring a full-time HR professional. Their SHRM and NCHRA SPHR-CA certified staff can advise you on many aspects of HR policy and best practices.
The administration of your benefits should be as simple and manageable as possible. Whether you want to make the switch to online enrollment or let our agents handle it for you, AEIS administration services offer many resources for legal and human resources concerns.
Partner with an organization that provides consolidated expertise and service. PEOs provide further aid in payroll and business administration, as well as employer compliance support, so you can focus on what matters – growing your business.
Ideal for multistate firms and companies that require further administration relief, AEIS has established relationships with multiple PEOs so there are no additional costs to work with our PEO partners.
At AEIS, we understand how complicated topics like employee benefits and health insurance can be. That's why we pride ourselves on our ability to make things simple for you. In addition to making sure that your employees have access to the best that your benefits have to offer, we also help make sure they're properly covered and appropriately cared for, confirm that you're compliant with state employment and benefits laws, and more.
This allows you to spend less time worrying about things like employee benefits and more time focusing on running a successful law firm, precisely the way it should be.
If you'd like to find out more information about why you should partner with employee benefits brokers for law firms, or if you'd just like to discuss your own firm's needs in a bit more detail, please don't hesitate to contact the team at AEIS today.
Listen to our podcast with Kruze Consulting where our President Ron Bland, and our Benefits Consultant Dillon Castro, discuss different strategies, trends and ideas we commonly employ with our clients.
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