Eversheds Sutherland has strengthened its tax capabilities with the reappointment of former IRS official Philip Kiessig to its esteemed team. Kiessig, who brings a wealth of expertise from his prior tenure with the firm and extensive experience with the IRS, returns as a partner in Eversheds’ San Francisco office, focusing on transfer pricing and tax controversies. More details can be found in Bloomberg Law.
Kiessig’s return is timely, as multinational corporations navigate an increasingly complex global tax landscape. His experience at the IRS, where he was involved in major transfer pricing audits and litigation, equips him with unique insights that are in high demand. Industry observers note that Kiessig’s expertise will significantly bolster Eversheds’ advisory capabilities, particularly in addressing challenges related to international tax compliance and business restructuring.
Globally, law firms are intensifying their focus on tax practices in response to changing regulations and more rigorous enforcement by tax authorities. A report from International Tax Review highlights how recent regulatory changes are prompting multinational entities to rethink their transfer pricing strategies, further intensifying the demand for experts like Kiessig.
Eversheds’ strategic move not only reinforces its existing tax advisory capabilities but also reflects a broader trend among global law firms to fortify their expertise amidst evolving regulatory landscapes. As multinationals grapple with the challenges of jurisdictional compliance and the implementation of BEPS (Base Erosion and Profit Shifting) reforms, the specialized knowledge of seasoned professionals becomes indispensable.
Philip Kiessig’s reintegration into Eversheds also exemplifies a notable career trajectory embraced by many legal professionals who transition between public service and private practice, leveraging skills honed within government agencies to benefit corporate clients. This pattern is becoming more prevalent as firms increasingly seek individuals who can interpret complex regulatory frameworks and deliver pragmatic solutions in a post-pandemic world that demands adaptability and foresight.