CMS Cameron McKenna

The Lawyer UK 200

  • UK 200 Position: 13

  • Position: 12 h
    Firm: CMS Cameron McKenna

    Turnover: £235.5m
    Profit per equity partner: £650K
    Earnings per partner: £632K
    Equity spread: £314K-£785K
    Net profit: £82.7m
    Profit margin: 35 per cent
    Revenue per fee-earner: £229K
    Revenue per lawyer: £303K
    Revenue per partner: £1,771K
    Revenue per equity partner: £1.85m
    Total number of fee-earners: 1,030
    Total number of qualified partners: 777
    Total number of partners: 133
    Total number of equity partners: 127
    Total number of female partners: 24
    Total number of female equity partners: 24
    Total number of staff: 1,700
    Leverage ratio (equity partners/fee-earners): 1:5.1

    2006-07: Commercial 2, finance 1
    2005-06: Commercial 2, corporate 3, finance 1
    2004-05: Commercial 2, energy/projects 2, insurance/reinsurance 1, real estate 2

    2006-07: Corporate 3, finance 1
    2005-06: Corporate 2, finance 1
    2004-05: 0

    Intake as percentage of partnership: 5.3
    New female partners as percentage of intake: 28.6
    Firms recruited from: Hayhurst Robinson, Howrey, Taylor Wessing, Winston & Strawn
    Equity structure: 131 equity partners (a salaried tier will not be introduced until the 2007-08 fiscal year)
    Practice area(s) most heavily promoted: Commercial
    *Figures supplied relate to the calendar year

    2006-07 was not the best year for CMS Cameron McKenna’s associates. Only three were promoted into the partnership and only one of them was in London.
    But London’s loss was a gain for Central and Eastern Europe, an area of focus for the firm. The Warsaw and Budapest offices received one associate promotion apiece. The firm’s merger with Romanian firm Hayhurst Robinson in January 2006 also gifted Camerons 50 lawyers.

    As a further blow, associates will no longer be promoted directly into the equity, but into a salaried tier, which the firm is reintroducing to gain some financial flexibility. Meanwhile, seven partners departed in 2006-07, two more than the preceding three-year average.

    The firm has shunned corporate this past year to concentrate on hiring and promoting partners in banking and finance as well as commercial areas such as IP and pensions.

    • Web:
    • Telephone: 0845 300 0491
    • Fax: 020 7367 2000
    • No. of Trainees: 60
    • No. of Trainee Vacancies: 60
    • Training contract application deadline: 31-Jul-08
    • Selection
      • Individual interview: Yes
      • Panel interview: No
      • Assessment day: Yes
      • Psychometric test: Yes
      • Written exercise: Yes
      • Presentation: Yes
    • No. of Seats: 4
    • Opportunities Abroad: Yes
    • Vacation Schemes
      • No. placements: 35
      • Summer vacation scheme application deadline: 28-Feb-08
    • GDL/CPE Intake: 50%
    • GDL/CPE funding
      • Fees: Yes
      • Maintenance: Up to £7,500
    • LPC funding
      • Fees: Yes
      • Maintenance: £7,500
    • Salary/benefits
      • Start: £37,500
      • Qualification: £66,000
      • Season ticket loan: Yes
      • Healthcare: Yes
      • Pension scheme: Yes
      • Life assurance: Yes
      • Bonus scheme: Yes
      • Gym membership: Yes
      • Subsidised lunch: Yes
      • Free taxis after hours: Yes