New Transfer Pricing Partner joins Baker & McKenzie

 In baker mckenzie

Baker & McKenzie has strengthened its Tax Practice Group with the addition of Russell Young as a partner in the Firm’s Chicago office.

Mr. Young focuses his practice on transfer pricing planning and controversies and related international tax planning. At his former law firm, he handled numerous IRS Appeals cases and tax litigation matters in the U.S. Tax Court and Courts of Appeals. Mr. Young regularly represents taxpayers facing contentious IRS audits, with extensive experience representing taxpayers in the life sciences industry. In recent years, his practice has focused on helping multinational companies reduce the risk of future transfer pricing controversies, and maximize international planning opportunities, through sophisticated transfer pricing legal and economic analysis and planning.

“We are excited about Russ’s arrival to the Firm,” said Len Terr, head of Baker & McKenzie’s North America Tax Practice Group. “Transfer pricing is increasingly a #1 priority for governments and multinational companies, and Russ will have an immediate positive impact for our clients.”

“Russ will fit well into the Firm’s global transfer pricing practice, which uniquely combines leading economists, tax litigators, former competent authorities, APA specialists and other transfer pricing professionals spread across North America and the world,” said Gregg Lemein, Chicago tax practice chair and co-chair of the Firm’s global transfer pricing group.”

Mr. Young is a 1996 graduate of Harvard Law School, where he received a J.D. degree, cum laude. He is a 1993 graduate of Washington University, where he received an A.B. degree with honors.

“The addition of Russ will materially strengthen our transfer pricing practice both in Chicago and in the region,” said Phil Suse, Managing Partner of Baker & McKenzie’s Chicago office. “He will help carry the practice into the long-term future, expanding the tax services we already provide that are appreciated by our clients.”

With a worldwide team of more than 650 tax practitioners, economists and financial analysts in 39 countries, Baker & McKenzie’s Global Tax Practice provides a strong network of tax professionals offering innovative tax planning advice to multinational corporations, helping businesses design, implement and defend tax strategies for international operations and transactions. International Tax Review’s World Tax 2010 directory ranked the Firm’s tax practice in 27 countries and named 67 Baker & McKenzie tax lawyers as leading individuals in their field.

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