Energy & Natural Resources - Nationwide
THE FIRM Steptoe & Johnson is a powerhouse in the world of energy regulatory matters, with sources particularly quick to commend its strength in oil pipeline matters, especially when it comes to representation before FERC. The team is currently acting for ConocoPhillips on numerous Trans-Alaska Pipeline System-linked concerns. Market commentators are impressed by the attorneys' unrivaled experience and the high-quality advice that they provide, and do not hesitate to say that it is the preeminent firm when it comes to rates cases. The group has also seen considerable success in the electricity arena over the past year, particularly in its continued efforts in the electric transmissions legal market, in which it regularly acts for major clients such as Duke Energy, Enbridge and AEP.
Client Service "The attorneys are great. They are consistently very responsive. We always feel we have the best in the whole industry."
KEY INDIVIDUALS Douglas Green "is a standout in the area of regulatory law and representation," say market sources. According to them, "this is an area where in-depth knowledge of the regulator, as well as the law, is required for valuable counseling and representation, and he possesses this special skill." He is also praised for his excellent litigation skills and his involvement in some of the largest cases in this space.
His colleague David Raskin is also singled out for being a "great regulatory lawyer and very able litigator" and is lauded by clients for his breadth of experience. He continues to lead the firm's transmissions work and is notably representing Northeast Utilities in a return on equity complaint that is imminently due to be heard before FERC. The result of this case will be very significant, not only for the client, but also for the wider community of developers in terms of their return on equity.
Clients and peers alike have high regard for Richard Roberts, who is "very smart, creative and thoughtful, and handles relationships with co-counsel and opposing counsel and regulators very well." This "superb trial lawyer" has been involved in many high-profile matters such as the ongoing Southern California Edison refund matter, in which he recently managed to secure the highest-value refund claim to have been granted in the USA to date.
Steven Brose has an excellent reputation among peers, who describe him as "top of the heap in pipeline work." Clients laud his experience and knowledge of FERC matters and the respect that he is awarded by the regulators, judges and opposing counsel.
"The very highly regarded" Steven Reed enjoys a significant practice in the oil pipelines area and is singled out for his "absolute wealth of knowledge in relation to the industry," "excellent judgment" and "very good negotiation skills." He has recently been acting for Enbridge on a variety of matters including the defense of the spot tariff rates imposed for US shippers.
The "outstanding" Daniel Poynor is another well-respected oil pipeline lawyer at the firm and is lauded for his "great depth of knowledge" and excellent writing skills. He is adept in the gamut of pipeline rates and regulatory matters and is currently representing TEPPCO in a cost of service matter valued at $350 million.
"Very strong performer" Steven Ross has been involved in work on behalf of a number of key clients including American Electric Power, Enbridge, Duke Energy and Westar Energy.