David Ackerman is a counsel in Morgan Lewis's Business and Finance practice and served as co-chair of the firm's ESOP Team.

Mr. Ackerman is a nationally recognized ESOP lawyer, having advised hundreds of corporations and their shareholders and directors regarding the use of ESOPs in a wide variety of transactions, including leveraged buyouts, corporate stock repurchases, ownership succession transactions, and corporate reorganizations. He also regularly serves as legal counsel to ESOP trustees and lenders. Mr. Ackerman has provided legal counseling in connection with several of the largest and most complex ESOP transactions.

Mr. Ackerman is a former chair of The ESOP Association's Advisory Committee Chairs' Council and is a former chair of The ESOP Association's National Legislative and Regulatory Advisory Committee. He also has served on the board of directors of The ESOP Association.

Mr. Ackerman has lectured and written extensively on the subject of ESOPs. He speaks regularly at the annual national conferences of The ESOP Association and of the National Center for Employee Ownership and at their local and regional conferences. He has also made presentations regarding ESOPs at numerous other seminars, including programs sponsored by the American Institute of Certified Public Accountants and the American Society of Pension Actuaries; continuing legal education programs of several states, including Illinois, Minnesota, and Kentucky; and programs sponsored by the Illinois, Ohio, Michigan, and Heart of America chapters of The ESOP Association, the Ohio Employee Ownership Center, the Chicago Bar Association, the Illinois CPA Society, and many banks and other financial institutions.

Mr. Ackerman received his J.D. from Harvard Law School in 1974 and his A.B. from Princeton University in 1971. He is admitted to practice in Illinois.