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Shipman & Goodwin LLP is pleased to announce that Timothy S. Klimpl has joined the firm as Counsel in the Tax and Employee Benefits Practice Group.

“We are very fortunate to have someone with Tim’s credentials, wealth of experience, and years of practice in ERISA, executive compensation, and employee benefit matters join our group,” said Richard Cohen, Chair of Shipman’s Employee Benefits Practice Group. “His talents add further depth to our strong team, and we are thrilled to have him on board on behalf of our clients.”

Tim brings 12 years of ERISA advice and related services to Shipman’s Employee Benefits Practice Group. He represents a variety of plan sponsors on employee benefit plans, including corporate, nonprofit, and governmental plans providing retirement, health, and other employee welfare benefits. Tim plays a key role in merger and acquisition transactions, often advising employers on equity and incentive compensation, including stock options, restricted stock, “phantom equity”, deferred compensation plans, and executive employment and severance agreements. He represents clients in a variety of industries, including financial, private equity, construction, clean energy, medical, fashion, talent acquisition, and legal industries.

“It is a tremendous honor to join Shipman and its distinguished Employee Benefits practice,” said Tim. “I look forward to supporting clients not only in M&A transactions across several practice groups, but also assisting clients with all their benefit and compensation needs.”

Tim is a member of the Fairfield County Bar Association where he chairs the Employment Law Committee and co-chairs the Business Law Committee. He is licensed to practice in Connecticut and New York.


About Shipman & Goodwin LLP

Shipman’s value lies in its commitment to its clients, to the profession, and to the community.  With more than 135 lawyers in offices throughout Connecticut and New York, the full-service law firm serves the needs of local, regional, national, and international clients that include public and private companies, educational institutions, governmental entities, non-profit organizations, and individuals. Shipman is committed to diversity, equity, and inclusion within the firm, the legal profession, and the community. Shipman has participated in Diversity Lab’s Mansfield Rule since 2019 and earned Mansfield Certification Plus status for the third consecutive year in 2022. Shipman was also recognized by Women Inc. Magazine as one of the “Top 100 Law Firms for Women.” The National Law Journal also ranked Shipman as the eighth most inclusive firm for women in their 2021 national survey. For more information, visit