Kaufman and Canoles

Richard C. Mapp III

Member • Chair of ESOPs & Employee Benefits

Offices: Norfolk, Tysons Corner

T (757) 624.3285
F (888) 360.9092


Rick is Chairman of the ESOPs & Employee Benefits Practice Group at Kaufman & Canoles and is also a member of the Mergers, Acquisitions & Strategic Alliances and Business Tax Groups. Rick is also the President of Equity Strategies, LLC, a consulting subsidiary of Kaufman & Canoles, established to provide ESOP Feasibility Studies and other services related to ESOP succession planning.

Rick’s employee benefits practice includes plan design, leveraged employee and/or management buy-outs, business succession planning, executive compensation, banking and finance, and tax planning.

Practice Areas


Representative Matters

  • Represented company and selling shareholders in $50 million bank financed ESOP buyout of manufacturing facility outside Baltimore, MD
  • Represent numerous 100% ESOP owned S corporations doing business as government contractors in Maryland, Virginia and elsewhere
  • On approved list of law firms providing Employee Benefits counsel to Commonwealth of Virginia, and agencies thereof, including public universities and colleges
  • Facilitated and closed numerous ESOP buy-outs (bank and/or seller-financed)
  • Provide Employee Benefits counsel for North American operations of large multinational corporation

Recognition and honors

  • Best Lawyers in America, 2002-2017
  • Virginia Super Lawyers; Law & Politics, 2012-2013
  • AV® Rated; Martindale-Hubbell


  • American Bar Association; Taxation Section
  • Mid-Atlantic Chapter of The ESOP Association; Vice President, Eastern Region
  • The ESOP Association; Legislative and Regulatory Committee
  • Norfolk-Portsmouth Bar Association
  • Hope House Foundation; President
  • St. Pius X Catholic Church; Chairman, Development Committee
  • Professional Services Council; Member


  • University of Virginia; B.A., with distinction, 1978
  • University of Virginia School of Law; J.D., 1982


press and publication