Terry is of counsel in Ober|Kaler's Baltimore office. He is engaged in a broad employee benefits practice, including documentation and compliance matters for qualified plans, employee stock ownership plans, tax sheltered annuities and government retirement plans. A large part of Terry's practice involves deferred compensation plans and the impact of the new federal tax law on those plans and comparable provisions in employment agreements. As part of his benefits practice, Terry advises clients on cafeteria plans and self-insured health and accident plans. His practice has also included the defense of attorneys and accountants in malpractice cases with respect to retirement and income tax matters.

Terry has been in private practice since 1975, except for an eleven year period in which he was Director and Senior Counsel in the law department of a large broker-dealer. In that capacity, he advised business units on legal and regulatory issues arising from brokerage, advisory and retirement plan services of the broker-dealer. He also prepared plan documents and obtained approval from the Internal Revenue Service of Traditional and Roth IRA prototype plans and advised the IRA Department on prohibited transaction questions and distribution issues.

Court of Appeals of Maryland

Catholic University, J.D., 1974

Comments Editor, Law Review

Wharton School, University of Pennsylvania, M.B.A., 1968

University of Pennsylvania, B.A., 1966

Law Clerk for Judge Alexander Harvey, U.S. District Court for the District of Maryland, 1974-1975