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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 today launched a review of its UK and CEE business that has placed 40 roles in the UK at risk of redundancy.
The roles are a mix of legal, legal support and secretarial roles and cover most of the UK business. They include 26 lawyers in the UK.
In a statement CMS’ UK managing partner Duncan Weston said: “Clearly this is not a decision that we take lightly but we take it in the best interests of delivering sustained, competitive success.
“There are long-term and short-term reasons for the review. In the long-term, we continue to work in an environment where law firms need to ensure that they are the right size and shape to meet the needs of business going forward. Short-term, we need to manage efficiently in what remains a tough market.”
The firm broke the news to its staff this morning. A spokesperson for the firm said in the CEE the roles coming out of the business would be a mixture of redundancies, termination of contract and non-replacement of position.
In the 2008/09 financial year CMS made 73 redundancies but also launched a reduced working scheme which allowed staff to be put on four-day weeks or two-week sabbaticals.