HOUSTON, November 30, 2020 – Baker Botts has been named a winner of Law360's Energy Practice Group of the Year for 2020, making it the second year in a row that the firm has earned this recognition and the fifth time in the last seven years.
“Despite the impact of the pandemic and the related economic slowdown on the energy sector, we continue to act as the go-to firm for some of the world’s most prominent energy companies up and down the value chain from oil and gas/LNG to power and renewables and other energy transition industries. Law360 has again recognized us for several high-profile matters that reinforce the firm’s reputation as a go-to firm for the most important deals and projects for clients across the energy spectrum,” said Jason Bennett, Partner and Firmwide Chair of Baker Botts Global Projects Department.
“These matters also illustrate our multi-disciplinary strengths across the firm and our ability to bring together lawyers from across the firm’s practices to provide best-in-class solutions for our clients where they are facing their most complex challenges,” Bennett added.
Baker Botts’ Energy Group was recognized for successfully acting on a number of high-profile matters, including advising:
- AES in its 10-Year Strategic Alliance with Google to Accelerate the Future of Energy
- BP in its $5.6 Billion Sale of all Its Alaska Operation and Interests
- NRG Energy in its Acquisition of Direct Energy for $3.625 Billion
- Carrizo Oil & Gas in its $2.7 Billion Merger with Callon Petroleum
- Tallgrass Energy in the Sale of its Publicly-Held Class A Shares to Blackstone Infrastructure Partners for $3.5 Billion
“To be named Law360 Practice Group of the Year for Energy a second year in a row is a great accomplishment. The firm continues to innovate and keep pace with the changing global economy, where we are leveraging our expertise in both energy and technology, particularly across our energy transition practices,” commented Elaine Walsh, Global Projects Partner and Firmwide Chair of Baker Botts Power and Renewables Practice.
“The firm has an “all-in” approach to energy, encompassing not only traditional oil and gas but also renewables, power, energy transitions and energy technology, providing even more durability to our overall practice,” Walsh added.
Baker Botts recently launched its Hydrogen and Carbon Capture, Utilization and Storage (CCUS) Practices as it continues to guide clients through the rapidly evolving energy landscape. The firm’s global Hydrogen and CCUS practices include lawyers from project development and finance, environmental, corporate, capital markets, private equity, tax, IP, technology and disputes practices.
Today's Law360 achievement comes on the heels of several other successes this year, where the firm earned a total of seven national rankings in a range of energy categories in The Legal 500 U.S., including two Tier-1 rankings in Oil & Gas and Tier 1 in Energy Litigation, along with rankings in Conventional Power and Renewables/Alternative Power. Baker Botts was additionally ranked No. 1 for the first half of 2020 by Mergermarket for number of energy M&A deals and named the No. 1 legal advisor for oil & gas M&A deals for the first half of 2020 by GlobalData.
All of these rankings follow similarly impressive showing in Chambers USA 2020, in which the firm earned Band-1 rankings nationally in Oil & Gas Litigation, LNG Projects, and Oil & Gas Projects, and is the only firm with two Band-1 lawyers ranked nationally in Energy: Electricity (Transactional) and three Band-1 lawyers in Energy: LNG. The firm also earned four new national individual rankings in Oil and Gas Litigation, including three Band-1 lawyers.
In addition, Baker Botts’ Energy Litigation Practice has won numerous cases for its clients during the year, which include successful outcomes for:
- Washington’s four national gas utilities with a decision by the State of Washington’s Supreme Court related to the Clean Air Rule.
- Oxbow Calcining in an arbitration brought by PASE—defeating approximately $100 million in PASE’s claims, winning $2.1 million in counterclaims and costs, and obtaining a termination of the parties’ contract.
- ENGIE North America in a first-of-its-kind case involving a claim against a windfarm for radio-signal interference.
- Exxon Mobil in federal district court in which the United States government was held responsible for significant percentages of clean-up costs for historical, wartime contamination at two of the company’s oil refinery complexes.
ABOUT BAKER BOTTS L.L.P.
Baker Botts is an international law firm of approximately 725 lawyers practicing throughout a network of 13 offices around the globe. Based on our experience and knowledge of our clients' industries, we are recognized as a leading firm in the energy and technology sectors. Since 1840, we have provided creative and effective legal solutions for our clients while demonstrating an unrelenting commitment to excellence. For more information, please visit bakerbotts.com.