Stradley Ronon Stevens & Young, LLP has announced the addition of Richard Peterson as a partner in its tax practice located in Chicago. This strategic hire is part of the firm’s plan to enhance its capabilities in tax-related services and to expand its presence in the Midwest region. The firm released an official statement on Monday confirming the appointment.
Peterson, who brings substantial expertise in partnership tax planning, mergers, acquisitions, and divestitures, will be expected to contribute significantly to the firm’s tax practice. His focus includes advising on both taxable and tax-free transactions, involving asset and stock acquisitions. As part of his new role at Stradley Ronon, it is anticipated that Peterson will leverage his extensive experience from his previous tenure at Perkins Coie to strengthen the firm’s service offerings and client portfolio.
Stradley Ronon’s decision to bolster its tax practice aligns with a broader trend among major law firms seeking to enhance their competitive edge by attracting seasoned professionals with specialized knowledge in complex areas such as tax law. The legal community will be observing how this strategic move impacts the firm’s positioning within the Midwest’s competitive legal market.
For further details, you can access the article by Bloomberg Law here.