I have been a lawyer for 25 years and for the most part, it’s been a fun ride, especially having my own practice for the last 13 years, instead of working for insufferable attorneys (sorry, Lois). Law school was great for teaching me how to think like an attorney, but some of the coursework was useless in my role as an ERISA attorney. Aside from taxation, one of my favorite courses was contracts. Contracts, unlike many legal courses, deal with everyday life. Plus it deals with my role as an ERISA attorney, in helping financial advisors and 401(k) plan sponsors in managing the process of running a plan. This article is all about contractual issues in running a retirement plan.