A popular law firm has announced several a new benefit for employees – among them a 529 College Savings Plan.

While it’s not uncommon for big law firms to award large bonus allocations and benefits for its experienced associates, Akin Gump is one of the few big law firms to add this particular benefit to their package. Additionally, the firm has recently expanded its parental and family leave time for staff at the same time it has rolled out adoption, surrogacy, and fertility benefits. These new plans have arisen from the firm’s desire to expand family-centered benefits for its employees.

Akin Gump is now among the very few large law firms offering a 529 College Savings Plan benefit to its partners and employees. Through this new benefit, plans may be opened by partners and employees and may be used for an array of education expenses that extend beyond tuition. Employees with existing 529 plans may set up deductions to begin investing into the plan, while those without existing plans may use SoFi’s Savings and Selections Tool to identify the plan that best fits their needs.

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