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%.

“Our goal for ’22 was really to maintain the great historic results we had the prior year,” said Keith Fullenweider, a partner in Houston who became the firm’s chair in January 2022.

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