Keith Fullenweider, partner and member of Vinson & Elkins's senior leadership team. Courtesy photo Revenue Up at V&E, Following Record Year, With Strong Demand in Infrastructure, Litigation
While revenue improved by 2.5% at Vinson & Elkins in 2022, profits dropped by 3.3% as work in some practices was impacted by economic factors.
March 22, 2023 at 03:02 PM
6 minute read
What You Need to Know
- Revenue improved by 2.5% at Vinson & Elkins in 2022, following a record year, but net income declined by 3.3%.
- Demand in areas including infrastructure, energy transition and litigation helped boost revenue.
- With demand in 2023 strong so far, the firm is looking to hire strategically.
Driven by demand in energy transition work and litigation but softness in capital markets and leveraged finance, Vinson & Elkins improved revenue by 2.5% in 2022, but net income declined by 3.3%.
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