CMS Cameron McKenna is holding performance reviews that are expected to lead to a number of partners leaving the firm, with others set to move down the equity.

It is understood that affected partners were told about the review – first reported on RollonFriday this morning (10 December) – within the last two weeks. Fewer than 20 partners are expected to be affected in total, with the review coming as the top 15 City law firm bids to increase profitability.