As energy prices increased over the past year, there has been far too much hyperbole concerning the commercial short-term promise of solar, wind, biomass and other alternative energy production systems. Yes, we MUST invest in these technologies for every reason imaginable. But, there is still much R&D work to be done and it is best done in a reasonably unfettered environment. The financial gurus have already created unrealistic expectations for the fuel cell industry in the past, for photovoltaics more recently and now we have large law firms building "dream teams". Isn't that the last thing we need? Aren't they putting the cart before the horse?
Here is a press release from Reed Smith LLP. You may read the press release in its entirety here. The last line I have presented here is the best. I gather the lawyers have developed the products that work and I can't wait for their patents to issue!
Read on:
Addition of Ellen Bastier & 13-Member Team Generates Bicoastal Power
(Nov. 12, 2008, San Francisco) – Reed Smith LLP, one of the 15 largest law
firms in the world, experienced a power surge today, with the addition of a
14-member group from Thelen, headed by renewable energy law pioneer Ellen L.
Bastier.
New partners Bastier, Edward G. Rogan, Paul C. Lacourciere, Donald G.
Ousterhout and David V. Biesemeyer; new counsel James Lee; and five new
associates join Reed Smith's San Francisco office. New partners Robert M.
Vilter and Eli R. Mattioli join the firm's New York office, and Elizabeth Quirk
joins as counsel in the firm's Princeton office.
"This expansion provides critical mass to Reed Smith's renewable energy
practice, which has had deep bench strength in Chicago, Princeton and Los
Angeles for more than a decade," said Eugene Tillman, Reed Smith's Global Head
of Legal Personnel. "Ellen and her colleagues are a top-notch team that bring us
a wealth of experience in this field, with an emphasis on achievable alternative
energy solutions."
Go Get 'Em, Dream Team!
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