Some areas of the deals business, like initial public offerings, may be suffering, but Vinson & Elkins and seven other Texas firms landed a respectable share of the nation’s deals work in 2001 — despite the dark cloud hanging over the economy. Eight Texas-based firms are among the nation’s leading transactional firms included in the annual Corporate Scorecard published by The American Lawyer, an affiliate of Texas Lawyer. The scorecard lists the firms nationwide that did the most work, or the highest-value work, in 2001 in several areas of corporate and finance work ranging from mergers and acquisitions to bankruptcies to corporate debt offerings.
Vinson & Elkins made a particularly strong showing, posting top 10 rankings in six areas of corporate work – representing principals in mergers and acquisitions, issuers in equities excluding IPOs, issuers and underwriters in IPOs, and issuers and underwriters in high-yield debt.
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