Vinson & Elkins

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Vinson & Elkins LLP
Vinson & Elkins LLP logo.svg
HeadquartersTexas Tower, Downtown Houston, Texas, U.S.
Major practice areas Transactions, Mergers & Acquisitions, Litigation, Regulatory, Tax, Oil & Gas Law, Intellectual Property, Restructuring & Bankruptcy
Key peopleChair, Keith Fullenweider; Vice Chairs Jim Fox, Michael Holmes and Hilary Preston
Date founded1917
Founder James A. Elkins and William A. Vinson
Company type Limited liability partnership
Website www.velaw.com

Vinson & Elkins LLP (or V&E) is an international law firm with approximately 700 lawyers worldwide [1] headquartered in Downtown Houston, Texas. [2] [3]

Contents

The firm has offices in major energy, financial, and political centers worldwide, including Austin, Dallas, Dubai, Dublin, Houston, London, Los Angeles, New York City, Richmond, San Francisco, Tokyo, and Washington, D.C.

Profile

Founding

The firm was founded in Houston, Texas, in 1917 by Judge James A. Elkins and William A. Vinson. [4] [5] [6]

Leadership

In May 2021, it was announced that the firm elected current partners Keith Fullenweider as chair and Jim Fox, Michael Holmes and Hilary Preston as vice chairs. The change took effect on January 1, 2022. The firm's former chairman is Mark Kelly and its managing partner was Scott Wulfe. [7] Vinson & Elkins was named a top-ranked firm and best law firm to work for in Vault's 2024 Associate Survey. [8]

Practice areas

Vinson & Elkins' offices in Houston, New York and London. Vinson & Elkins' offices in Houston, New York and London.jpg
Vinson & Elkins' offices in Houston, New York and London.

The firm practices in numerous legal fields, particularly those that pertain to the energy industry, [9] with more than 400 lawyers involved in energy-related legal work. The firm was rated the most prestigious firm in Texas for the fifth year in a row, as well as for having the nation’s strongest practice for Energy, Oil, & Gas for the eighth consecutive year. [10] [11] The firm is highly ranked within Chamber and Partners legal rankings as a leading firm in Corporate and Tax areas, collectively achieving 16 Band 1 practice rankings in the 2023 guide. [12] The firm’s Litigation and Regulatory Department was recognized in 24 practice categories. The firm is recognized as "The World's Leading Energy Law Firm" by Euromoney Magazine (1995-present.) In 2023, Chambers & Partners recognized V&E globally, as the leader in Projects & Energy: Oil & Gas. [13] In 2024, Who's Who Legal: Arbitration identified six partners, Camilo Cardozo, James Loftis, Louise Woods, Scott Stiegler, Nick Henchie and counsel Robert Landicho as leaders in the arbitration arena. [14] in 2024, Lawdragon recognized eight Vinson & Elkins lawyers among the world's 500 leading cybersecurity lawyers. [15]

Diversity

On January 12, 2022, Vinson & Elkins became the founding sponsor of The University of Texas School of Law's new Pipeline Program. The firm made a $1 million commitment to support the program. [16] [17] In 2021, Vinson & Elkins was named as a leader in diversity equity and inclusion by Bloomberg as part of Bloomberg Law's DEI Framework study. [18] In 2009, the firm was again named a Community of Respect by the Anti-Defamation League, a designation V&E has maintained since the program's inception in 2006, and is also the two-time recipient of the Thomas L. Sager Award for the South/Southwest Region by the Minority Corporate Counsel Association for the firm's sustained commitment to diversity. [19]

Controversy

Vinson & Elkins was implicated in the Enron scandal as Enron's legal counsel. [20] For the previous five years, Enron had been one of Vinson & Elkins' biggest clients and accounted for 8% of their total revenue in 2001. [21] The firm had been made aware of potential accounting fraud in August of 2001, but decided that Enron did not need a larger investigation into the issues. [22] Vinson & Elkins was alleged to have approved and structured Enron's loss-hiding transactions as well as drafting and approving Enron's false SEC filings. [23] Vinson & Elkins settled by paying $30 million to Enron's bankruptcy estate but admitted no wrongdoing. [24]

International

V&E has been active and has had an office in London for more than 50 years. [25] [26] The firm has represented clients throughout Asia for more than 30 years. V&E's office in Tokyo services local commercial hubs, as well as the broader Asia Pacific region. The practice also has a significant presence beyond office locations, with lawyers frequently advising on matters in Australia, India, Korea, and Southeast Asia. [27] The Legal 500 Latin America guide recognizes Vinson & Elkins in the Compliance and Investigations, Corporate and M&A, International Arbitration, Projects and Energy and City Focus – Houston categories, and recommended 19 individuals within the firm. https://www.legal500.com/latin-america/# Chambers UK 2024 Recommends Vinson & Elkins in Five Practice Areas, 11 Individual Lawyer Rankings [28]


Managing partners

Notable alumni

See also

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References

  1. ↑ "A Texas-Sized Centennial for Vinson & Elkins" . Retrieved 2017-09-02.
  2. ↑ "Houston." Vinson & Elkins. Retrieved on May 5, 2010.
  3. ↑ Selden, Jonathan. "Law firms in Austin help Houston offices." Austin Business Journal . Thursday September 22, 2005. Retrieved on May 5, 2010. "At Vinson & Elkins LLP, the Austin office is accommodating evacuated attorneys from the Houston headquarters as well as some clients, says Don Wood, administrative partner."
  4. ↑ Craftsmanship and Character: A History of the Vinson & Elkins Law Firm of Houston, 1917-1997
  5. ↑ HoustonHistory.com
  6. ↑ "The Handbook of Texas Online"
  7. ↑ Spiezio, Caroline; Spiezio, Caroline (4 May 2021). "Vinson & Elkins elects new leaders as firm eyes tech-fueled Texas growth". Reuters .
  8. ↑ "Vinson & Elkins | Company Profile". Vault. Retrieved 2024-02-01.
  9. ↑ "Vinson & Elkins' Texan heritage explains its reputation today as a global leader in energy law," Chambers Student Guide
  10. ↑ "Vault Law Releases 2022 Rankings For Its Top 100 Law Firms, Best Law Firms By Region, And Best Law Firms By Practice Area" (Press release).
  11. ↑ "Vinson & Elkins | Company Profile".
  12. ↑ "Vinson & Elkins LLP, Global | Chambers Profiles".
  13. ↑ https://www.velaw.com/news/chambers-usa-2023-recognizes-vinson-elkins-litigation-regulatory-department-in-24-practice-categories-68-individual-lawyer-rankings%22Multi-Jurisdictional+Projects+&+Energy+Lawyers+&+Law+Firms+–+Global%22.+www.chambersandpartners.com.+Retrieved+2015-09-22.
  14. ↑ "Who's Who Legal Names 6 Vinson & Elkins Lawyers in 2022 Global Arbitration Guide | News | Vinson & Elkins LLP". www.velaw.com. Retrieved 2024-01-29.
  15. ↑ "Lawdragon Recognizes Eight Vinson & Elkins Lawyers Among the World's 500 Leading Cybersecurity Lawyers | News | Vinson & Elkins LLP". www.velaw.com. Retrieved 2024-05-21.
  16. ↑ "Pipeline Program".
  17. ↑ "Vinson & Elkins Gives University $1 Million for Texas Diversity".
  18. ↑ "Diversity, Equity, and Inclusion Framework for Law Firms | Bloomberg Law".
  19. ↑ "Past Honorees - 2009". www.mcca.com. Retrieved 2015-09-22.
  20. ↑ "ENRON'S COLLAPSE: THE LAW FIRM; Legal Counsel In Many Ways Mirrors Client". 16 January 2002.
  21. ↑ "ENRON'S COLLAPSE: THE LAW FIRM; Legal Counsel In Many Ways Mirrors Client". 16 January 2002.
  22. ↑ "ENRON'S COLLAPSE: THE LAW FIRM; Legal Counsel In Many Ways Mirrors Client". 16 January 2002.
  23. ↑ "Scummery Judgment". 21 June 2002.
  24. ↑ "EVinson & Elkins settles with Enron for $30 million". 2 June 2006.
  25. ↑ "Exclusive: Texas law firm Vinson & Elkins on half a century in London". 20 March 2021.
  26. ↑ "Vinson & Elkins Celebrates 50 Years in London".
  27. ↑ "Search | Best Lawyers".
  28. ↑ "Chambers UK Legal Guide | Leading Ranking and Insights". chambers.com. Retrieved 2024-01-29.
  29. ↑ "Lizzie Pannill Fletcher for Congress".
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