CMS Cameron McKenna has reversed its poor showing of promotions last year, making up 10 to its partnership.
This year’s new partners will be the first to be voted into the non-equity tier that was introduced earlier this year (see The Lawyer, 25 January) after a three-year strategic review.
The firm scrapped its all-equity partnership after less than six years to be more financially flexible, said managing partner Dick Tyler.
The salaried partners will have limited voting rights and will have to spend at least three years in the salaried tier before being considered for full equity partnership.
At the time of creation, Tyler said he hoped to fill the tier with 20 partners.
The firm has promoted seven in London and three in its Central and Eastern European offices.
This in stark contrast to last year, when Camerons made up three partners firmwide, and only one of which in London.
The corporate group promoted two of the new partners and the energy, construction, banking project finance, and technology departments all promoted one each.
Tyler said in a statement: “It’s a happy coincidence too that in this, the tenth anniversary year of the merger that formed CMS Cameron McKenna, we welcome ten new members to the partnership.”
Those gaining promotions this year are:
Rupert Choat (London – Construction)
Jonathan Dames (London – Project Finance)
James Grimwood (London – Corporate)
Munir Hassan (London – Energy)
Yuban Moodley (London -TMT)
Tom Page (London – Corporate)
Alex Patience (London – Banking)
David Butts (Sofia – Corporate & Commercial)
Simon Dayes (Bucharest – Banking)
Malgorzata Surdek (Warsaw – Commercial)