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Camerons to join forces with CMS partners for Shanghai launch

6 January 2010 | By Gavriel Hollander

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CMS Cameron McKenna Moscow real estate partner Steven Shone will relocate to Shanghai as a precursor to the CMS network’s launch of a new office.

As part of a new push into the Chinese market, Camerons and its European alliance partners, French firm CMS Bureau Francis Lefebvre and CMS Hasche Sigle in Germany, will open a merged Shanghai office next month.

The Shanghai office will have a similar structure to last year’s joint venture between the three firms in Russia, known as CMS Moscow.

The impending launch is part of a planned CMS push into the Chinese market, which includes Camerons’ hire of corporate partner Andrew Halper, who had previously headed Eversheds China business group.

The China initiative is part of a three-year strategy agreed at a management meeting late last year to develop CMS links in other BRIC [Brazil, Russia, India and China] jurisdictions, with the network understood to be particularly targeting Brazilian tie-ups.

The new strategy also includes the further integration of firms across the network, including the rebranding of each firm as CMS.

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Readers' comments (2)

  • insider | 9-Jan-2010 10:48 am

    In the past year after the merger with other CMS firms the now merged CMS Russia saw the total headcount reduced by at least 40% including the 'big name' partners who had left the firm. The firm in Moscow is now left with only a handful and less capable partners who may only hope to turn things around. Good luck!

    CMS Moscow by merging the three firms had actually downsized to such an extent that the total number of staff is now less than Camerons (Moscow) alone was pre-merger.

    One wonders if this 'alliance' is a workable strategy or is it going to be a fate of all the other CMS network firms?

    CMS Russia is definitely a not good experiment that other CMSers should follow - at least not the naive staff who are being promised a prosperous future but instead are getting fired.

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  • Anonymous | 13-Jan-2010 6:50 am

    What a load of crock!
    Camerons had a joint venture with CMS HS and CMS BFL in Shanghai back in 2002 and have been there ever since, so clearly this is not a "new launch".
    Wonder if they are just sending someone out there to make sure those on the ground pull their fingers out and finally do some work.

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