Quantcast

Bank employees entitled to overtime (access required)

By: Pat Murphy
Published: November 23, 2009

Tags: ,

A bank was required to pay overtime to its underwriters because they could not be classified as “administrative” employees under federal wage law, the 2nd Circuit has ruled in reversing a summary judgment. The plaintiff worked as an underwriter for J.P. Morgan Chase. As an underwriter,  the plaintiff evaluated whether to issue loans to individual loan ...
© Copyright 2012 Lawyers USA. All Rights Reserved.


POST A COMMENT

Sign-up for alerts

SUBSCRIBERS: Did you receive the new Lawyers USA Weekly Update in your inbox on Monday?

If not, click here to register and learn more now.


FEATURED PODCAST

Baby Boomer lawyers and retirement

Nelson Schwartz from The New York Times recently wrote an article titled, "Easing Out the Gray-Haired. Or Not.," spotlighting the fate of the Baby Boomer generation within law firms. Attorney and co-host Bob Ambrogi welcomes Attorney Valerie C. Samuels, a partner in the firm Posternak Blankstein & Lund LLP and co-chair of the Employment Law Group, and Attorney Roy Ginsburg, to take a look at this generation of baby boomers within law firms, retirement, their fate within the firm, options upon retirement and what this means for law firms: big, small and solo.

Click here to listen to the podcast.

Click here to download the podcast.

Click here for the Podcast archive.