Why three Stoel Rives energy partners skedaddled
By Robert Goldfield
K&L Gates' Bill Holmes
The ranks of lawyers in Stoel Rives renewable energy practice is growing thin.
Three partners in the Portland office of Oregon’s largest law firm have recently left for even bigger, international firms.
Bill Holmes and Theresa Hill left this month to join the Portland office of K&L Gates, an international law firm with nearly 1,800 lawyers.
Steve Hall departed in April, joining the Portland office of Troutman Sanders, an Atlanta-based firm with nearly 600 attorneys.
Holmes said he and Hill made the move for two main reasons: K&L Gates offers a global presence and has an exceptionally strong mergers and acquisition practice, an increasingly important part of renewable energy.
He pointed to K&L’s Washington, D.C., office as critical for regulatory work, and offices in Texas and California help as well, he said.
Hall said similar reasons attracted him to Troutman, adding that investors and lenders working on large renewable energy projects often prefer to work with national law firms.
Officials at the 375-lawyer Stoel Rives, itself known for a strong energy practice, could not be reached Thursday for comment.
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