Virginia employers potentially face the most significant overhaul of workplace laws in decades. With unified Democratic control of the executive branch and General Assembly, lawmakers have reintroduced numerous previously vetoed proposals and advanced new legislation to reshape the litigation landscape for employers. The Democratic majority has signaled its intent to make Virginia more accommodating to employees. From proposed changes affecting wage and hour rules to leave entitlements, union rights, and even rules on the […]

Skadden’s Executive Compensation and Benefits Group is pleased to provide you with its 2026 Compensation Committee Handbook. This year’s handbook reflects important updates, including:

Changes in shareholder engagement and evolving proxy advisory firm methodologies.
Upcoming expansion to the Section 162(m) compensation deduction limitation.
Increased scrutiny of, and legislation regarding, noncompete provisions.
Considerations for option grant timing and related disclosure requirements.
Navigating a clawback under a Dodd-Frank clawback policy.
Updated guidance for pay-versus-performance disclosure.

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