James C. Prince

Shareholder

Bio Menu
  • Overview
  • Experience
  • Honors & Involvement
Bio overview

Jim Prince’s practice is concentrated in the representation of employers, employee benefit plans and individuals primarily in the areas of ERISA, taxation and corporate law. He has extensive experience in representing clients, including employee benefit plans, in matters involving the Internal Revenue Service and the Department of Labor. Jim has also represented collectively bargained multiemployer plans subject to the Taft-Hartley Act.

Jim’s experience and expertise have earned him inclusion in The Best Lawyers in America (employee benefits/ERISA law; health care law) and Oklahoma Super Lawyers. He is also an inactive certified public accountant and frequent speaker at seminars and conferences on employee benefit related topics.

Jim previously served as leader of the firm’s Employee Benefits and Executive Compensation Group, overseeing one of the Southwest’s largest and most experienced teams of employee benefits lawyers.

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Experience, Honors, & Awards

Representative Experience

  • Representation of public and private employers in structuring qualified retirement benefit strategies, including profit sharing, employee stock ownership plans (ESOP), defined benefit pension plans and 401(k) plans.
  • Developing executive compensation programs such as deferred compensation and stock option and stock purchase plans.
  • Representation of employers in Department of Labor investigations and Internal Revenue Service audits.
  • Representation of collectively bargained plans in drafting plan documents and in negotiating with the Internal Revenue Service and Pension Benefit Guaranty Corporation in connection with funding issues.
  • Representation of business entities in mergers, acquisitions and dispositions.
  • Formation of new business entities.
  • Representation of tax-exempt organizations in obtaining exempt status and compliance with regulatory requirements.

Honors and Awards

  • Selected by peers for inclusion in The Best Lawyers in America (employee benefits/ERISA law; health care law)
  • Listed in Oklahoma Super Lawyers
  • Rated AV Preeminent by Martindale-Hubbell Peer Review Ratings

Professional Organizations and Memberships

  • Oklahoma County Bar Association
  • Oklahoma Bar Association
  • SouthWest Benefits Association
  • IRS Employee Plans / Exempt Organization Gulf States Council

Attorney Articles

Articles

Fiduciary Rule cancelled, subject to further appeal by DOL

McAfee & Taft EmployerLINC Alert |

New ruling limits out-of-pocket expenses at individual level in 2016

McAfee & Taft EmployerLINC Update |

What the legalization of same-sex marriage means for Oklahoma employers

EmployerLINC Employee Benefits Law Alert |

Rights and Obligations of Employees and Employers Under Health Care Reform

Oklahoma Bar Journal |

IRS outlines new reporting requirements for employers on health care coverage

McAfee & Taft EmployerLINC Alert |

Deadlines set for required ‘Exchange Notices’

McAfee & Taft EmployerLINC Update |

Deadlines loom for 2012 health care reform compliance

McAfee & Taft EmployerLINC Alert |

Effective date extended for fee disclosure requirements

McAfee & Taft EmployerLINC Update |

IRS announces plan limitations for 2012

McAfee & Taft EmployerLINC Update |

IRS delays enforcement of non-discrimination requirements for insured health plans

McAfee & Taft Employee Benefits Alert |

Amendment to regulations will allow some plans to change insurance carriers without losing grandfathered status

McAfee & Taft Employee Benefits Alert |

Health Care Reform Update: Additional ‘Interim Final Regulations’ issued

McAfee & Taft Health Care Reform Update |
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At The Podium

Health Plan Update

Oklahoma Labor/Management Conference 2018
Midwest City, OK | May 10, 2018

Affordable Care Act Update

2018 Oklahoma Labor & Management Conference
Midwest City, OK | May 10, 2018

Welcome Relief in Recent Tax Legislation and Regulations

EmployerLINC18: Workplace Issues in the News
Tulsa, OK | March 29, 2018

Employee Benefits All-Star Q&A Panel

EmployerLINC18: Workplace Issues in the News
Tulsa, OK | March 29, 2018

Welcome Relief in Recent Tax Legislation and Regulations

EmployerLINC18: Workplace Issues in the News
Oklahoma City, OK | March 27, 2018

Employee Benefits All-Star Q&A Panel

EmployerLINC18: Workplace Issues in the News
Oklahoma City, OK | March 27, 2018

Health Care Update and HIPAA Basics

2017 Oklahoma Labor/Management Conference
Midwest City, OK | April 20, 2017

HIP-HIPAA-RAY!! – A practical guide to HIPAA compliance

SouthWest Benefits Association 2017 Benefits Administration Workshop
Oklahoma City, Oklahoma | April 7, 2017

Employer Obligations and Liabilities for Health Plan Administration

EmployerLINC17: Back to Basics
Tulsa, Oklahoma | March 23, 2017

Employer Obligations and Liabilities for Health Plan Administration

EmployerLINC17: Back to Basics
Oklahoma City, Oklahoma | March 22, 2017

Marriage is What Brings Us Together Today

EmployerLINC16: Employers Under Pressure
Tulsa, Oklahoma | April 5, 2016

Marriage is What Brings Us Together Today

EmployerLINC16: Employers under pressure
Oklahoma City, OK | March 30, 2016

Affordable Care Act

Central Oklahoma Manufacturers’ Association
Oklahoma City Community College, Oklahoma City, Oklahoma | September 17, 2015

Affordable Care Act

Business & Industry Counsel
Shawnee, Oklahoma | June 16, 2015

Retirement Plans: Plan restatements, common mistakes

EmployerLINC 2015: Case studies in costly mistakes
Oklahoma City, Oklahoma | April 30, 2015

Retirement Plans: Plan restatements, common mistakes

EmployerLINC 2015: Case studies in costly mistakes
Tulsa, Oklahoma | April 28, 2015

Affordable Care Act: Frequently asked questions

EmployerLINC 2015: Case studies in costly mistakes
Tulsa, Oklahoma | April 28, 2015

Same-Sex Spouses: What the changing legal landscape means for employers

EmployerLINC Webinar
Online | October 22, 2014

Time to Play or Pay – Health Care Reform

Oklahoma Association of Electric Cooperatives - Human Resources Association Meeting
Oklahoma City, Oklahoma | September 11, 2014

Revise-Review-Restate — A ‘how-to’ guide for retirement plan sponsors

EmployerLINC Webinar
Online | May 21, 2014

Health care reform update

EmployerLINC 2014: In Compliance, Out of Court
Tulsa, Oklahoma | April 17, 2014

Health care reform update

EmployerLINC 2014: In Compliance, Out of Court
Oklahoma City, Oklahoma | April 16, 2014

The Affordable Healthcare Act (PPACA): Are you Ready?

Reed Conference Center - Midwest City, Oklahoma
Midwest City, Oklahoma | May 22, 2013

The Affordable Healthcare Act (PPACA): Are you Ready?

Tulsa, Oklahoma | May 16, 2013

Health Care Reform Update

EmployerLINC 2013: 'Government Gone Wild'
Oklahoma City, Oklahoma | April 23, 2013

Health Care Reform + Supreme Court Ruling = Now What?

McAfee & Taft Employee Benefits Seminar
Tulsa, Oklahoma | August 23, 2012

Proceed with Caution — How retirement plan fiduciaries can minimize their exposure to personal and corporate liability

EmployerLINC 2012: ‘Adventures in HR’
Tulsa, Oklahoma | April 3, 2012

Employee Benefits and 401(k) Plans

The Legal Forum Radio Series
December 10, 2011

How New Regulations Are Impacting Company Retirement Plans

Fall 2010 Labor, Employment and Employee Benefits Seminar
Tulsa, Oklahoma | October 26, 2010, 8:25 AM - 12:00 PM

Guiding your Health Plans through a Changing Landscape

Fall 2010 Labor, Employment and Employee Benefits Seminar
Tulsa, Oklahoma | October 26, 2010, 8:25 AM - 12:00 PM

Guiding your Health Plans through a Changing Landscape

Fall 2010 Labor, Employment and Employee Benefits Seminar
Oklahoma City, Oklahoma | October 20, 2010, 8:25 AM - 12:00 PM

How New Regulations Are Impacting Company Retirement Plans

Fall 2010 Labor, Employment and Employee Benefits Seminar
Oklahoma City, Oklahoma | October 20, 2010, 8:25 AM - 12:00 PM

Health Care Reform

Central Oklahoma Manufacturers Association
July 20, 2010

Health Plans and the New Laws

Spring 2010 Labor & Employment and Employee Benefits Seminar
Oklahoma City, Oklahoma | May 26, 2010, 8:30 AM - 12:00 PM

Qualified Retirement Plans

Healthcare Luncheon Seminar: Responding to Economic and Reimbursement Challenges
Oklahoma City, Oklahoma | October 9, 2009

Employee Benefits Update

LEEB University
Oklahoma City, Oklahoma | October 2, 2009
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Industry Groups

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Admissions

  • Oklahoma, 1981
  • U.S. District Court for the Western District of Oklahoma
  • U.S. Tax Court
  • U.S. Court of Appeals for the Tenth Circuit
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Education

  • J.D., University of Oklahoma, 1981
    • Order of the Coif; Research Editor, Oklahoma Law Review
  • B.S. (Accounting), Oklahoma State University, 1974
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In The News

Oklahoma Super Lawyers honors 113 McAfee & Taft attorneys in 2018 edition

October 11, 2018

The Best Lawyers in America names 107 McAfee & Taft attorneys to 2019 edition

August 15, 2018

‘Workplace Issues in the News’ seminar draws record numbers

March 30, 2018

The Best Lawyers in America names 102 McAfee & Taft attorneys to 2018 edition

August 15, 2017

McAfee & Taft seminar draws large crowds looking for answers about new administration

March 24, 2017

‘Employers Under Pressure’ draws record attendance

April 5, 2016

New rules further limits health plan’s out-of-pocket expenses

The Oklahoman | July 15, 2015

Annual seminar offers employers real-world examples of costly, common mistakes

May 1, 2015

Same-sex marriage decision may not affect health benefits

The Oklahoman | November 4, 2014

Retirement funds may be exempt in case of holder’s bankruptcy

The Oklahoman | September 4, 2014

McAfee & Taft publishes video series from EmployerLINC2014 seminar

June 16, 2014

Annual seminar continues to draw more employers with timely practical guidance

April 18, 2014

Call-bombarded users ask, is healthcare.gov secure?

The Oklahoman | November 23, 2013

Health care reform poses workforce challenges for restaurant industry

The Journal Record | August 23, 2013

‘Government Gone Wild’ seminar draws record numbers

April 29, 2013

Clock is running for businesses to make health care coverage decisions

The Oklahoman | April 28, 2013

How safe are your employees’ retirement funds?

The Journal Record | October 31, 2008

Oklahoman article spotlights ‘Super 401(k)’ developed by firm attorneys

The Oklahoman | January 23, 2008

Business Week spotlights cutting-edge benefits plan developed by McAfee & Taft attorneys

Business Week | December 10, 2007

Papahronis, Prince to Speak at SWBA Workshop in Tulsa

February 10, 2006

McAfee & Taft Names New Shareholders

January 10, 2006
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