Updated 2:50 p.m.
A team of five energy and corporate attorneys and one public policy advisor have are leaving Dickstein Shapiro to join Crowell & Moring in Washington.
Longtime partner Larry Eisenstat, former head of Dickstein's energy practice, and partners Patrick Lynch and Jonathan Odell are joining Crowell's Washington office. Counsel Deborah Carpentier, associate Diana Jeschke and senior policy advisor Patricia Alexander also make the lateral.
Eisenstat, who joins Crowell's environment, energy and resources group, works on regulatory, transactional matters, litigation and antitrust. Lynch and Odell focus their practice on infrastructure project development and mergers and acquisitions, project development and joint ventures, respectively.
"Through their sophisticated understanding of energy markets, their project development and management skills, and their corporate transactional experience, the team will help Crowell & Moring clients navigate regulatory challenges, advise on emerging policy issues, structure and document corporate and transactional matters, as well as tackle bet-the-company disputes," Crowell's environment, energy and resources group co-chairman Scott Winkelman said in a written statement.
In an interview, Eisenstat said he and the Dickstein team were attracted to Crowell's strengths in energy, corporate and tax environmental, which he called essential components to project development. He said that his practice would likely stay fairly consistent, but with a broader view.
"As a general matter, I'm always of the view that change is a good thing," Eisenstat said. He said he was approached by Crowell earlier this year about making a possible move.
"If Crowell had not approached us, we would probably still be at Dickstein," Eisenstat said. “It was my good fortune to have a friend who was a friend with people at Crowell."
In last year's financial report card, Dickstein Shapiro’s gross revenue slid 3.2 percent to $258.5 million, but the firm’s revenue per lawyer climbed 7.7 percent to $840,000.
Crowell had a strong financial performance in 2012, showing increases in all financial metrics. The largest gain was in net income, which grew 16.3 percent to $93 million. Profits per partner increased 9.5 percent to $925,000.