History & Vision
Smith & Downey was founded in 1992 by three attorneys from a large, multi-national law firm with a strong belief that the prevailing format for a “Wall Street-type” ERISA practice was not the best format for the typical client.
Their vision was to create a unique environment in which outstanding, business judgment-oriented attorneys could have unlimited access to gratifying client relationships and diverse and stimulating work, all within a very flexible work environment.
Through aggressive overhead management, careful selection of professionals and a highly focused practice, Smith & Downey has developed a model for providing “Wall Street” level services at “Main Street” rates.
Smith & Downey demonstrates market dominance in a number of key areas (such as tax-qualified retirement plans, non-qualified deferred compensation, equity compensation, governmental representation, health care industry employee benefits, executive compensation, church employer representation, etc.) and other well-balanced areas of focus (such as advising employers about the numerous implications of the Affordable Care Act and all other aspects of health and welfare benefit plans).