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All Electric-type attacks, even those from the wielder's ally in multi battles, hit the wielder with 100% accuracy regardless of the intended target, and give a Special Attack boost of one stage instead of doing damage. If the wielder and a Pokemon using Follow Me are out at the same time, and a Pokemon uses an Electric-type attack targeted at the Follow Me user's team, Follow Me will take precedence. If Hidden Power is Electric-type, it will be redirected and absorbed as well. If the wielder is already immune to Electric-type attacks (such as Marowak), the natural immunity takes precedence, and the wielder does not receive any Special Attack boost. If a Pokemon with Mold Breaker uses an Electric-type attack, it will be redirected but not absorbed by Lightningrod. If two Pokemon have Lightningrod in a multi battle, the faster Pokemon will draw the attack. In the event of a speed tie, the Pokemon who has been on the field longest will draw the attack.
There aren't really any decent users of this ability. Manectric and Raichu are the standout ones but neither are very good and won't be seen very much outside of the lower tiers. Zapdos has this ability but it is unreleased as of right now, but once it is expect to see Lightningrod a lot more often.
Found in Dream World