Rich Rabin Quoted on the Importance of Employee Handbooks by Private Equity Law Report

Private Equity Law Report has quoted Akin Gump labor and employment partner Rich Rabin in its article “Why Every Fund Manager Should Adopt an Employee Handbook (Part One of Three).”

The article discusses the importance of fund managers, and employers generally, implementing an employee handbook. To that point, Rabin noted, “Even beyond an anti-harassment policy, however, employee handbooks are one of the primary methods that advisers can use to communicate important information to their employees.”

Further, the publication stresses that fund managers should adopt an employee handbook “sooner rather than later.” Rabin added that the benefits of an employee handbook extend beyond the firm, saying, “There are certain policies that an investment adviser will want to have in place on day one, including anti-discrimination and anti-harassment policies, along with the corresponding reporting process for an employee to follow in the event that the employee feels that he or she has been discriminated against or harassed.”

Lastly, the publication offers guidance from two of Rabin’s articles, “What Fund Managers Need to Know About the Legislative Response to #MeToo” and “How Investment Managers Can Prevent and Manage Claims of Harassment in the Age of #MeToo,” regarding how advisory firms can administer its handbook policies based on their size and internal structures.