Mark Kelly of Vinson & Elkins. Revenue Slipped at Vinson & Elkins, but Profits Rose as Restructuring, SPAC Work Boomed
Vinson & Elkins chair Mark Kelly said traditional energy work was down at the Houston-founded firm, but it continues to take on more work in the alternative energy sector, as well as restructuring and SPAC work.
March 10, 2021 at 05:27 PM
7 minute read
Vinson & Elkins broke a four-year streak of rising revenue in 2020, though profits inched upward, as the Texas firm dealt with a slowdown in traditional energy work but a boost in restructuring, litigation and the now-trendy special purpose acquisition company work.
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