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This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
CMS Cameron McKenna has set up a taskforce with the aim of finding a firm it can merge with in the UK.
Managing ;partner Duncan Weston (pictured) and senior partner Richard Price have been tasked with finding a ‘pearl’ (a small but profitable boutique ;practice) ;to expand its UK business.
Following a meeting last year, the firm set out a number of options that include combining with a similarly sized rival, being swallowed up by a larger firm or taking on a small specialist practice.
Weston said: “We’re open to a pearl-type concept. My preferred approach would be to find a firm that fits our practice perfectly, although those are very hard to find.”
Weston denied he and Price had discussed specific targets. ;Camerons ;is pursuing an aggressive UK growth strategy as part of its integration with the CMS network of European law firms, and Weston said no decision would be made on a merger without consulting member firms.
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