Shearman And Sterling

Richard “Jake” Gagnon is counsel in the Tax practice.

He represents U.S. and international clients in audits and investigations before the Internal Revenue Service and the Department of Justice and in federal trial and appellate courts.

He has decades of experience handling all aspects of complex cases involving a broad range of substantive tax issues, as well as procedural and administrative law issues. He advises clients in a variety of sectors, including finance, investments, media, energy and technology.

He has served as one of the lead attorneys on a number of significant reported cases. Among those cases are Rite Aid Corp. v. United States, 255 F.3d 1357 (Fed. Cir. 2001), in which the court held a consolidated return regulation to be invalid, and Federal Home Loan Mortgage Corporation v. Commissioner, T.C. Memo 2006-153, in which the court sustained entirely the taxpayer’s claimed $428 million valuation of an intangible asset. He also has extensive experience negotiating settlements in audits, administrative appeals, investigations and litigation.

Before entering private practice, Jake served as an attorney at the U.S. Department of Justice, Tax Division, where he received a Special Commendation Award and an Outstanding Attorney Award. He also served as a law clerk for Chief Judge John T. Nixon of the U.S. District Court in Nashville, Tennessee immediately after law school.

Regional Experience