Focused on strategic growth, watching expenses and benefiting from strong demand from clients across the energy sector, Vinson & Elkins posted a record year in 2023, topping the $1 billion revenue mark for the first time and growing profits by 9.5% even with higher head count.

“It was great for us to cross the billion-dollar revenue threshold,” said Keith Fullenweider, the Houston-founded firm’s chair. “At the same time, we’ve been very focused on growing in ways that are sustainable.”