Big Law Firms Expand Energy Practices as Federal Legislation Spurs Demand

Big law firms are continuously bolstering their energy, regulatory and renewables practices through the addition of new partners to their teams, a development driven by recent federal legislation and regulatory alterations. Pillsbury Winthrop Shaw Pittman and Vinson & Elkins, for instance, have recently brought on board energy partners in Washington, D.C. Pillsbury has recruited tax attorney Don Lonczak, a specialist in renewable energy tax credits, who will join its global energy transition team. Prior to his current role, Lonczak collaborated with clients at Bracewell to ensure they met the qualification requirements for fresh tax credits made accessible under the Inflation Reduction Act of 2022. Where the aforementioned moves reflect Big Law’s sustained efforts to meet increased demand in the industry, they also underscore the pronounced need for law practitioners in this specialized field. As Pillsbury’s Nora Burke aptly put it, the introduction of new credits under the IRA has necessitated a higher demand for attorneys practising within this space. To read further details, refer to the original article.