Press Release October 15, 2008

Goodwin Procter's National Climate Change Practice Recognized as a Leader by Chambers USA

BOSTON, Oct. 15, 2008 –The well-respected legal directory Chambers USA: America’s Leading Lawyers for Business has ranked Goodwin Procter in its new category of National: Climate Change. Since its inception six years ago, Chambers USA has consistently named Goodwin Procter and its attorneys as among the finest in the legal industry.

Goodwin Procter partners Elise N. Zoli and William J. Schnoor Jr. have been instrumental in building the climate change practice at the firm. The firm’s expertise ranges from transactional work on behalf of climate change innovators to litigation in state and federal courts. Goodwin Procter’s recent significant work includes designing the first renewable energy credit certification program; pioneering mandatory carbon-credits transfer agreements, from letters of intent through purchase and sale terms and conditions, for leading participants in the climate change arena; pioneering the development of the first major voluntary public company carbon-reduction programs, on behalf of widely regarded “best in class” companies; and developing a regional market-based funding mechanism for renewable energy facilities, focusing on greenhouse gas reductions.

Zoli, who is chair of the firm’s Energy Practice, specializes in the areas of energy, environmental and development law. She has extensive experience in the transfer, permitting and development of energy projects, particularly electric-generating and natural-gas-pipeline facilities.

This year, Zoli and her team won a significant victory for Goodwin Procter’s client, Entergy Corp., under the Clean Water Act and Vermont law. The May 2008 decision allows Vermont Yankee Nuclear Power Station—Entergy’s northeastern nuclear fleet which generates almost one-third of Vermont’s power—to generate an additional 25-100 megawatts of electricity during the high-demand summer period, without carbon output and with expected cost savings for Vermont (and regional) electricity consumers. During the complex three-week trial, held in the Vermont Environmental Court, Goodwin Procter conducted implicated hydrothermal dynamics, the success of national and regional fish restoration efforts, the appropriate measures of health for American river systems, climate change and pressing electricity needs. This outcome is particularly notable given the significant local opposition to power plant operations and the national trend to limit discharges owing to perceived adverse impacts on aquatic life.

In conjunction with her development and transactional work, Zoli also has pioneered the use of environmental-insurance coverage. Her recent environmental-insurance work includes implementation of the Commonwealth-subsidized environmental-insurance program developed in conjunction with the Massachusetts Brownfields legislation.

Schnoor is co-chair of the firm’s Technology Companies Group and has nearly 25 years of experience representing start-up, and private and public companies. He has worked with numerous companies from their initial financing through initial public offerings or acquisitions, and has advised numerous public companies and their boards of directors. Schnoor counsels companies in a broad range of industries, including alternative energy and other clean technologies; e-commerce and other internet-based businesses; enterprise software; life sciences; and healthcare information technology.

To compile the guide, Chambers canvasses clients and lawyers across the US to obtain a consistent market view of which firms and attorneys are considered leaders in their field. Rankings assess key qualities in the legal field, including technical legal ability, professional conduct, client service, commercial awareness/astuteness, diligence and commitment as well as other valuable client services.

About Goodwin Procter
Goodwin Procter LLP is one of the nation’s leading law firms with 900 attorneys in offices in Boston, Los Angeles, New York, San Diego, San Francisco, Silicon Valley, and Washington, D.C. The firm’s core areas of practice are corporate, litigation and real estate, with specialized areas of focus that include financial services, private equity, technology, REITs and real estate capital markets, intellectual property, tax and products liability. Information may be found at www.goodwinprocter.com.