CMS Cameron McKenna has asked all of its equity partners to volunteer to become fixed-share partners. The firm made the offer to its worldwide equity partnership ahead of a quarterly meeting of the partners earlier this month. Partners have until the end of the month to decide whether or not to accept the offer, with the firm hoping that those partners in less profitable practices will sign up. Camerons declined to comment on how many partners are likely to be affected and said it was not targeting specific departments. It confirmed that although the offer is currently voluntary, it could be enforced at a later date.
March 16, 2009 at 11:33 AM
1 minute read
The original version of this story was published on Legalweek
CMS Cameron McKenna has asked all of its equity partners to volunteer to become fixed-share partners.
The firm made the offer to its worldwide equity partnership ahead of a quarterly meeting of the partners earlier this month.
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