Huge law firm founded in Houston
On this day in 1917, William Ashton Vinson and James A. Elkins founded what was to become one of the largest and most profitable law firms in the world. The firm began in Houston as a small partnership. By 2001 it had grown to more than 780 lawyers, five domestic offices, and four foreign offices. Vinson and Elkins initially did business with the oil and gas industry, which continues to be the firm's mainstay. Over the years the firm has expanded to include business, energy and environmental regulation, international law, real estate, securities, and taxation.