Divorces involving Employee’s in the High-Tech Industries
When Mr. Miller started practicing law in Chandler 1981, the population was a little over 25,000 people. Nearly all of Chandler was covered with alfalfa fields, cotton fields and dairies. The lifestyle was simpler and Divorces were much simpler as well.
Chandler is much different city now with a population of over 250,000 people. Residents enjoy a much higher standard of living than the rest of the East Valley because of high-tech companies that have taken over the city. But employees of large companies, such as Intel, Freescale Semi Conductor, eBay/PayPal, Orbital Science, and Microchip Technologies as well as their spouses face some unique challenges when it comes to divorce issues. First, because of the difficult responsibilities and long work hours, it is sometimes very difficult to put together parenting time schedules that maximize the amount of time each parent spends with the children. Devising a schedule that works for the parties and more importantly for the children takes creativity and an experienced attorney who has dealt with those issues many times in the past. There are also difficult compensation issues, both current and deferred as well as property issues, which are unique to the high-tech industry. First, the regular compensation plans for many of these companies include incentive bonuses, stock options, stock awards and other types of benefits paid to the employee. If you don’t have someone on your side who has dealt with those issues in the past, you often get an inaccurate value of such compensation, which affect not only the amount of child support awarded, but spousal maintenance claims as well. An even more complicated issue is the division of deferred compensation plans which are unique to each employer. Sometimes establishing the existence and value of such plans involve requesting court assistance in obtaining the records from the actual employer. It also involves an understanding of the nature and value of such plans as well as the best and most cost-effective way to divide them. If a lawyer misses the existence of such a plan, or misanalyzes the nature of the plan, it can cost the nonemployee spouse thousands if not tens of thousands of dollars. For the earning spouse, the existence of a plan that has not been divided during the divorce may cost thousands of dollars to resolve perhaps years afterwards, obviously not a good result for anyone.
The old adage of “if you’ve done it 100 times, then the 101st is no mystery”makes special sense in these types of cases. Mr. Miller has literally represented over 100 high-tech employees or their spouses over the last 33 years. He knows the ins and outs of each company’s general work schedules and he has an intricate knowledge of the compensation plans, both current and deferred for each of the high-tech companies above. If you choose to hire an eperienced attorney, you can make sure that every issue unique to the high-tech employee and their spouse is thoroughly analyzed and resolved appropriately. A thorough analysis guarantees a fair and equitable result.
“Mr. Miller has been fantastic to work with. He was recommended by a friend and I am very grateful! Mr. Miller has been very attentive on the case since day one. I would recommend him to anyone searching for a family attorney.”
– Jose R.
“Mr. Miller took over my custody case after I had a horrible experience with a truly incompetent attorney. In addition to correcting many errors made by the 1st attorney, Mr. Miller was able to accomplish exactly want I wanted from day 1.”
– Sarah S.
Law Office of Michael D. Miller jr.1331 North Alma School Rd Suite 140
Chandler, Arizona 85224
Tel: (480) 899-2500
Fax: (480) 732-0280
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