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2nd Circuit's ERISA Ruling Revives Benefits Claim by Firm 'Partner'
A lawyer who rose from secretary to "partner" at a New York firm will get a second chance to show she is due benefits under the firm's profit-sharing and cash-balance pension plans. Attorney Karen Strom said she was denied the benefits when she left the firm because she was not considered a "profit-sharing partner" or "shareholder." The 2nd Circuit has revived her claim by reversing a partial summary judgment in favor of the firm. Strom's attorney said he will pursue damages that could exceed $1 million.