Texas giants Vinson & Elkins and Baker Botts have posted end of year figures for 2005, with Vinson breaking the one million dollar mark for partner profits.

Vinson’s average partner profits reached $1.07m (£613,000), a 20% jump from 2004′s average of $895,000 (£513,000). The Houston-based firm also posted gross revenue of $510m (£292m) – a 12% increase from 2004.