The Lawyer Asia Pacific 150 is the only research report to provide a ranking of the top 100 independent local firms and top 50 global firms in the region. The report offers critical review of some of the fastest growing firms and their strategies, a country-by-country guide to leading legal advisers and legal services market trends, plus exclusive insight into the current business development opportunities in the Asia Pacific. Read more
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.
Partners at CMS Cameron McKenna have been asked to contribute an extra £1,000 per equity point as part of a capital increase approved at last month’s partner meeting.
The cash call is expected to raise some £5m, assuming a median average of 50 points for each of the 102 partners.
In a statement, the firm said: “In November 2007, the partners voted to increase the level of permanent capital to be drawn down in two instalments - one in early 2008 and the balance at a later date. Partners agreed to this second instalment being called now as the appropriate time in terms of managing our balance sheet.
“As there’s a small increase in the amount agreed to in 2007 a vote was necessary. This was approved by the partnership last week and brings our capital contributions in line with our peers.”