Richard C. Mapp III
Biography
Rick is a member of the ESOPs, Benefits & Compensation; Mergers, Acquisitions & Strategic Alliances; and the Business Taxation practice groups. Rick is also the President of ESOP Strategies, 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.
Industries
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
- Facilitated and closed numerous ESOP buy-outs (bank and/or seller-financed)
- Provide Employee Benefits counsel for North American operations of a large multinational corporation
Recognition & Honors
- Best Lawyers in America, 2002-2025
- America’s Leading Business Lawyers; Chambers USA, 2022-2023
- Virginia Super Lawyers; Law & Politics, 2012-2013
- AV® Rated; Martindale-Hubbell
Associations
- 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
Education
- University of Virginia; B.A., with distinction, 1978
- University of Virginia School of Law; J.D., 1982
Press & Publications
- 55 Kaufman & Canoles Attorneys Named Best Lawyers in America 2025, 7 Named “Lawyer of the Year,” and 13 Named “Ones to Watch”
- Kaufman & Canoles Named to 2024 Chambers USA: America’s Leading Lawyers for Business
- ESOP Client Alert – ESOP Community Waits for DOL Regulation on Valuation with Hope and Dread
- 54 Kaufman & Canoles Attorneys Named Best Lawyers in America© 2024, 6 Named “Lawyer of the Year,” and 10 Named “Ones to Watch”
- Kaufman & Canoles Named to 2023 Chambers USA: America’s Leading Lawyers for Business
- 48 Kaufman & Canoles Attorneys Named Best Lawyers In America© 2023, 5 Named “Lawyer of the Year” and 8 Named “Ones to Watch”
- Kaufman & Canoles Named to 2022 Chambers USA: America’s Leading Lawyers for Business
- ESOP Client Alert – Game Changer: 100% ESOP-Owned Government Contractors Eligible for Sole Source Awards on Follow-On Contracts
- 48 Kaufman & Canoles Attorneys Named Best Lawyers in America© 2022, 4 Named “Lawyer of the Year” and 8 Named “Ones to Watch”
- Kaufman & Canoles Named to 2021 Chambers USA: America’s Leading Lawyers for Business
- 46 Attorneys Named “Best Lawyers in America 2021”, 5 Named “Lawyer of the Year” and 7 Named “Ones to Watch”
- 45 Kaufman & Canoles Attorneys Named Best Lawyers in America 2020 and 3 Named “Lawyer of the Year”
- 43 Kaufman & Canoles Attorneys Named “Best Lawyers in America 2019” and 8 Named “Lawyers of the Year”
- Main Street Employee Ownership Act Signed into Law
- 46 Kaufman & Canoles Attorneys Named Best Lawyers in America 2018
- 40 Kaufman & Canoles Attorneys Named Best Lawyers in America 2017
- 42 Kaufman & Canoles Attorneys Named to Best Lawyers in America 2016
- 42 Kaufman & Canoles Attorneys Named to Best Lawyers in America 2015
- 42 Kaufman & Canoles Attorneys Named to Best Lawyers in America 2014
- 29 Kaufman & Canoles Attorneys Named as Super Lawyers 2013 and 14 Named as Rising Stars 2013
- 41 Kaufman & Canoles Attorneys Named to Best Lawyers in America 2013
- 40 Kaufman & Canoles Attorneys Named as Super Lawyers 2012 and 14 Named as Rising Stars 2012
- 40 Kaufman & Canoles Attorneys Named to Best Lawyers in America 2012
- 36 Kaufman & Canoles Attorneys Named to Best Lawyers in America 2011
- District Court Upholds ESOP Stock Cash-Out Feature for Terminated Employees
- 35 Kaufman & Canoles Attorneys Named to Best Lawyers in America 2010
- Franchising Legal Update – Spring 2009