Having drifted along for ages in a low-key manner, CMS Cameron McKenna is in serious danger of becoming interesting. After all, the drama of the difficult merger that created it 10 years ago and the 1999 launch of the CMS alliance was followed by a good six years of steady, unspectacular steadiness.

And while the firm had plenty to commend it, boasting a quality client base and respected practice areas, even its strongest champions would have said growth was too pedestrian, profits had not quite kept pace with its peers and corporate and banking had not fulfilled their potential.