Vinson & Elkins Law Firm Profile

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IN-DEPTH RESEARCH REPORT
on Vinson & Elkins LLP

  • - Financial Information
  • - Compensation
  • - Billing Rates
  • - Lateral Partner Moves
  • - Pro bono
  • - Key Contacts

Vinson & Elkins LLP

  • Designation: Houston
  • Head Count: 608
  • Gross Revenues: $627,500,000
  • Revenue Per Lawyer: $1,030,000
  • Profits Per Partner: $1,885,000
  • Year Over Year Change: -5

Vinson & Elkins is a Houston-based law firm.  According to the National Law Journal's 2015 NLJ 350 ranking of firms based on size, Vinson & Elkins has 624 attorneys and is the 62nd largest firm in the United States.  With $627,500,000 in gross revenue in 2015, the firm placed 55th on The American Lawyer's 2016 Am Law 200 ranking.  On the 2014 Global 100 survey, Vinson & Elkins ranked as the 58th highest grossing law firm in the world.  The firm has offices in CA, DC, NY and TX.

Firm Rankings

Survey Rank Year Over Year Change Description
Am Law 100 55 -5 Gross revenue
Am Law 200 55 -5 Gross revenue
NLJ 250 62 -2 Lawyer head count
The A-List 48 8 Overall excellence
Pro Bono Scorecard 74 8 Pro-bono commitment
Diversity Scorecard 79 -4 Minority head count
Midlevel Associates Survey 18 6 Job satisfaction
Summer Associates Survey NR N/A Summer programs

In the News

Haynes and Boone Increases Associate Salaries

brenda sapino jeffreys : Texas Lawyer : June 22, 2016

Dallas-based Haynes and Boone announced raises for U.S. associates effective July 1, ranging from a $180,000 starting base salary to $325,000.

IN BRIEF: Parents Offer Newtown Deal

: The National Law Journal : June 20, 2016

The parents of two first-graders killed in the Sandy Hook Elementary School massacre are offering to settle their wrongful-death lawsuit against Newtown, Connecticut, and its Board of Education for $5.5 million each. Plus more in this week's column.

K&L Gates' Partner Churn Continues, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : June 20, 2016

Amid more departures, K&L Gates seeks to grow; Akin Gump and Reed Smith hire from Winston & Strawn; Fox Rothschild reels in a leading Twin Cities litigator; and other notable additions from throughout The Am Law 200.

Andrews Kurth Jumps on Salary Bandwagon

Brenda Sapino Jeffreys : Texas Lawyer : June 17, 2016

Houston-based Andrews Kurth is the latest large Texas firm to raise associate salaries to the new, higher market rate set by Cravath, Swaine & Moore.

Ropes & Gray Patent Litigator In Tokyo Moves to Jones Day

Anna Zhang : The Asian Lawyer : June 15, 2016

Movement of IP attorneys in Asia has been active this year

Bracewell to Move to Cravath Salary Scale

Brenda Sapino jeffreys : Texas Lawyer : June 14, 2016

Following the market rate set by Cravath, Swaine & Moore, Houston-based Bracewell will raise salaries of U.S. associates on July 1.

Am Law 100 Firms Match Pay Raise for Asia Associates-Further Updated

Frances Ivens and Anna Zhang : The Asian Lawyer : June 14, 2016

Milbank, Kirkland, Simpson Thacher, Paul Weiss, Weil and Davis Polk have confirmed associates pay increase will include those based in Asia.

Baker Botts Raises Associate Salary Scale

Brenda Sapino Jeffreys : Texas Lawyer : June 13, 2016

Baker Botts, based in Houston, joins Texas firm Vinson & Elkins in raising the base salary for entry-level U.S. associates to $180,000.

Bankrupt Former Billionaire Sam Wyly Fights to Keep his $9M Home

Miriam Rozen : Texas Lawyer : June 13, 2016

In his bankruptcy case, onetime billionaire and Texan Sam Wyly asked the court this week to exempt from the clutches of claimants, including the Internal Revenue Service, his annuities, his 401(k), his religious books and his $9 million-appraised Dallas home. Federal prosecutors, however, argue that because Wyly had been found liable in a New York federal court for securities fraud, he should not get to keep such a high-priced abode away from claimants.

V&E Hires Five IP Litigators in Austin, Dallas

Brenda sapino jeffreys : Texas Lawyer : June 13, 2016

Houston-based Vinson & Elkins hires five litigators who do IP work, with four coming from Akin Gump Strauss Hauer & Feld and one from Wilson Sonsini Goodrich & Rosati.

Locke Lord Raises Associate Salaries

Brenda Sapino Jeffreys : Texas Lawyer : June 13, 2016

Locke Lord will move to new $180,000 market base salary rate for beginning associates in large markets as of July 1 and increase to $155,000 in smaller markets.

Susman Godfrey Goes to $190K for First-Years

Brenda Sapino Jeffreys : Texas Lawyer : June 10, 2016

McKool Smith of Dallas and Houston-based Susman Godfrey raise associate salaries in the wake of Cravath, Swaine & Moore's move last week.

V&E Raising U.S. Associate Salaries

Brenda Sapino Jeffreys : Texas Lawyer : June 09, 2016

Vinson & Elkins, based in Houston, notified U.S. associates on June 9 that it will raise associate salaries starting July 1.

More Firms Jump on Cravath Pay Scale, as S&C Beats Top End

Brian Baxter : The Am Law Daily : June 09, 2016

A bevy of big firms continue this week to match the new base pay scale for associates set Monday by Cravath, Swaine & Moore. Sullivan & Cromwell sought to up the ante for its most senior associates, as other firms like Latham & Watkins joined the pay raise party.

Deal Watch: Paul Weiss Ponies Up in Skyscraper Sale

Jennifer Henderson : The Am Law Daily : June 09, 2016

The $1.65 billion sale of New York's 1285 Sixth Avenue saw more than 50 partners from Paul, Weiss, Rifkind, Wharton & Garrison—a key tenant in the office tower—invest roughly $10 million in the transaction.

What Were the Top Deals in 2015?

: Texas Lawyer : June 01, 2016

Round Rock-based Dell's pending acquisition of computer storage company EMC for an estimated $67 billion tops the list of the 10 biggest Texas deals announced in 2015.

Dewey Defendant Taps New Counsel for Retrial

Nell Gluckman and Christine Simmons : New York Law Journal : May 31, 2016

Former Dewey & LeBoeuf executive director Stephen DiCarmine, who continues to battle multiple criminal charges related to his firm's 2012 collapse, chose a new white-collar defense lawyer for his upcoming retrial.

Dewey Exec DiCarmine Picks New Lawyer, Delaying Retrial

Nell Gluckman and Christine Simmons : The Am Law Daily : May 27, 2016

Former Dewey & LeBoeuf executive director Stephen DiCarmine, who continues to battle multiple criminal charges related to his firm's 2012 collapse, chose a new top white-collar defense lawyer to represent him on Friday.

With Internal Investigations, Firms Walk a Tightrope

Michael D. Goldhaber : The American Lawyer : May 26, 2016

Sullivan & Cromwell and Dechert struggle to balance client and regulator.

Fenwick & West Heads to NYC, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : May 25, 2016

Silicon Valley stalwart Fenwick & West is poised to set up shop in the Big Apple; Boies Schiller brings on two more litigators; Ropes & Gray grabs another private equity pro in London; and other notable additions from throughout The Am Law 200.

Which Dallas Firm Topped Texas' Diversity Ranking?

Brenda Sapino Jeffreys : Texas Lawyer : May 23, 2016

Dallas-based Haynes and Boone is the Texas firm with the highest ranking on The American Lawyer's Diversity Scorecard 2016.

Newsmakers: Week of May 30

Mary Alice Robbins : Texas Lawyer : May 23, 2016

INADMISSIBLE: Sotomayor Pushes Mandatory Pro Bono

: The National Law Journal : May 23, 2016

"I believe in forced labor" when it comes to improving access to justice for the poor, she said during an appearance at the American Law Institute's annual meeting in Washington. Plus more in this week's column.

Sheppard Mullin's Growth Surge Continues, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : May 23, 2016

Steptoe & Johnson's Korea practice co-head finds a new home; a Bryan Cave practice leader joins the Kentucky Derby; a longtime Paul Weiss litigator becomes a regulator; Perkins Coie hires from Microsoft; and other notable moves from throughout The Am Law 200.

Big Deals

: The American Lawyer : May 23, 2016

Texas Bankruptcy Courts Beat Others Nationwide for Oil and Gas Bankruptcies

Miriam Rozen : Texas Lawyer : May 19, 2016

Texas federal bankruptcy courts finally have surpassed others in the nation, including those in Delaware and New York, in terms of the cumulative debt they are administering in oil and gas bankruptcies, according to a report issued by Dallas' Haynes and Boone.

Newsmakers: Week of May 16

Mary Alice Robbins : Texas Lawyer : May 19, 2016

Sean M. Whyte has joined Gardere Wynne Sewell in Dallas as a partner. Whyte has a multifaceted litigation practice that involves complex commercial litigation, consumer class actions and products liability.

Deal Watch: Amid Oil Price Plunge, Two Big Energy Deals

Jennifer Henderson : The Am Law Daily : May 19, 2016

A half-dozen big firms are advising on two key transactions in the embattled energy space, as a pair of oil field services companies and natural gas producers agree to combine.

K&L Gates Bolsters Taipei With Baker & McKenzie Hire

Anna Zhang : The Asian Lawyer : May 17, 2016

Corporate partner Stephen Tan advises on cross-border deals and compliance matters.

After Slow Start, M&A Lawyers Are Optimistic About Second Half of 2016

Miriam Rozen : Texas Lawyer : May 17, 2016

Texas deal lawyers are working fast and furiously on oil and gas industry mergers and acquisitions. But the total value of such deals in that industry nationwide dropped in the first quarter of this year, compared with the same time in the prior year.