Vinson & Elkins Named Among Law360’s 2021 Texas Powerhouses

From May 2020 to May 2021, Vinson & Elkins advised on more than 90 securities offerings with a combined transactional value in excess of $49 billion, in addition to multibillion-dollar deals and litigation victories, landing the firm as one of five firms honored in Texas.

Law360 highlights Vinson & Elkins’ involvement in DoublePoint Energy LLC’s roughly $6.4 billion sale of its leasehold interests to Pioneer Natural Resources Company; Enable Midstream Partners LP’s $7.2 billion sale to Energy Transfer LP; and Noble Energy’s $5 billion acquisition by Chevron Corp.

On the litigation side, Law360 notes Vinson & Elkins’ role in securing a $28.8 million jury verdict for client CC Telge Road, LP in connection with right-of-way acquired from the Willowcreek Ranch development for the Grand Parkway Project.

In an interview with Law360, Vinson & Elkins chair-elect Keith Fullenweider said, “unlike some of the firms that started in Texas, when the market became more competitive 10 or 15 years ago, there was a tendency to try and focus outside the state, but we believed that to be a successful, elite, national firm, we had an incredible base in Texas and that was a strength to build on, not run away from, and we emphasized our Texas talent and strength.”

Vinson & Elkins chairman Mark Kelly attributes the firm’s success to a balance of a strong transactional and litigation practice. “We’ve been focused on making sure that we’re really covering both those broad scope areas,” he said.

This is the fifth time Law360 has selected Regional Powerhouses, and V&E has been named to the Texas list each time (previously in 2015, 2017, 2018 and 2019).