Richard J. Rabin, Partner, Labor and Employment | Akin

Richard J. Rabin

Partner

Areas of Focus

Richard J. Rabin, Partner, Labor and Employment | Akin

Richard J. Rabin

Partner

rrabin@akingump.com

Areas of Focus

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Biography
  • Advises hedge funds, private equity firms, investment banks and other financial services firms in a full range of labor and employment matters.
  • Co-leader of Akin’s ESG group.

Described as “extremely knowledgeable, commercial and practical” by Chambers USA, Rich is the head of the New York labor and employment practice. Rich’s practice focuses predominantly on the alternative asset management industry, where he counsels clients on a wide range of high-stakes matters. Rich litigates employment-related disputes in federal and state courts, and has first-chaired several high-profile arbitrations, including matters before the American Arbitration Association (AAA), JAMS, the Financial Industry Regulatory Authority (FINRA), and the Major League Baseball Arbitration Panel.

Rich advises clients on their most sensitive employment issues, including disputes with executives and senior employees and claims of discrimination, harassment and retaliation. He advises clients regarding employment-related best practices and helps them implement appropriately protective policies.

Rich negotiates employment, severance and other agreements, and he litigates issues that arise in connection with the recruitment, hiring and separation of firm personnel, including matters involving restrictive covenants. He also represents executives, directors, portfolio managers and other senior personnel in connection with employment and partnership-related disputes.

As editor of the “Hedge Up” series, Rich regularly publishes on labor and employment issues confronting clients in the hedge fund and private equity industry. He is frequently called upon to speak and write on litigation and employment issues and to provide legal analyses in television and radio interviews and print media.

Representative Work
  • Successfully defended a hedge fund client in connection with breach of contract allegations brought by a former general counsel.
  • Successfully defended the former CEO of a large insurance company in an ERISA “stock drop” class action.
  • In an arbitration brought by former traders asserting claims for more than $20 million, successfully defended a hedge fund client.
  • Successfully defended a hedge fund client in litigation brought by its former chief financial officer, alleging breach of contract and violations of New York wage laws.
  • Successfully represented a broker-dealer in a raiding action, including obtaining a temporary restraining order and reaching a favorable settlement.
  • In a class action involving termination of an employee stock ownership plan, successfully represented a company, achieving a settlement with no monetary payment by the client.

"Richard is a very thoughtful attorney who gives sound legal advice and is able to contextualize complicated concepts in a way that results in a very helpful outcome for the client."
Chambers USA, 2022

Education
  • J.D., Georgetown University Law Center, magna cum laude, 1993

  • B.A., University of Michigan, magna cum laude, 1990

Bar Admissions
  • New York

Recognitions
  • Chambers USA, Labor & Employment, 2016-2019; Labor & Employment: Highly Regarded, 2021-2024.
  • The Legal 500 US, Labor & Employment, 2017-2020, 2022.
  • Law360, Employment Practice Group of the Year, 2009, 2013, 2015 and 2016.
  • Chambers USA, Labor & Employment Law Firm of the Year Finalist, 2022.
Speeches and Publications
  • Moderator, “Diversity in the Private Equity Industry: Do’s, Don’ts, and Investor Considerations,” Practicing Law Institute’s 24th Annual Private Equity Forum, April 27, 2023.
  • “Diversity & Inclusion in the Investment Management Industry,” Akin Webinar, August 4, 2020.
  • Panelist, “Navigating the New Normal,” Morgan Stanley Prime Brokerage Business Consulting’s Topics and Teach-In: 3 Topics in 30 Minutes, April 28, 2020.
  • Panelist, “Culture and Human Capital: Practical Insights from Employment Law and Public Relations Perspectives,” Morgan Stanley’s 23rd Annual Chief Operating & Chief Financial Officer Conference, New York, October 12, 2018.
  • Panelist, “Human Capital Management: #What’s Next?,” Akin Annual New York Private Investment Funds Conference, New York, September 27, 2018.
  • Panelist, “Arbitration Clauses: Common Pitfalls and How to Avoid Them,” Akin Annual New York Private Investment Funds Conference, New York, September 27, 2018.
  • “How Fund Managers Should Respond to Recent Trends & Developments in Employment Law,” The Hedge Fund Law Report, Webinar, June 27, 2018.
  • Co-Presenter, “Employment-Related Issues Impacting Hiring: New Developments and Best Practices,” Goldman Sachs’ Second Annual Prime Services GC/CCO Conference, October 17, 2017.
  • Co-Presenter, “Strategic Alignment – A Coordinated Approach to Mitigating Employment-Related Risk,” Goldman Sachs’ Second Annual Prime Services GC/CCO Conference, March 1, 2016.
  • Panelist, “Cover Your Assets: Drafting and Enforcing Restrictive Covenants,” Akin, New York, October 29, 2015.
  • Panelist, “Employment Risk Mitigation,” Goldman Sachs’ Ninth Annual Hedge Fund Human Capital Management Seminar, New York, October 7, 2014.
  • Panelist, “Identifying and Mitigating Employment Related Risk,” Goldman Sachs’ Prime Services Hedge Fund Learning Series, New York, September 17, 2014.
  • Panelist, “Social Media and its Impacts on Employers,” Akin CLE Series, New York, September 26, 2013; Dallas, May 6, 2014; Houston, May 7, 2014.

Insights and Achievements

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              Distinguished by our areas of focus, as a cohesive and integrated firm, we are defined by the caliber of our work, the responsiveness of our service and a culture that is rooted in collaboration and forward-thinking.

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