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Drinker Biddle & Reath

A Yale Professor Takes on the 401(k) Industry

Dan Solin | Posted 10.20.2013 | Business
Dan Solin

The dispute between Yale Law School professor Ian Ayres and a trio of lawyers from the respected law firm Drinker Biddle & Reath LLP is fascinating. Professor Ayres recently sent letters to 6,000 plan sponsor clients in which he asserted the costs of their 401(k) plans were excessively high.