CMS Cameron McKenna has overhauled its partnership structure, speeding up the time it takes for junior partners to join the equity and allowing them to progress more quickly through the lockstep once there. The firm has scrapped its salaried partner rank to create a two-tier partnership comprising fixed-share and full-equity partners, with the overhaul set to see around 65 salaried partners (currently known as office partners) putting in capital to join a single 75-strong fixed-share rank.
April 11, 2013 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
Firm streamlines partnership structure and tightens management
CMS Cameron McKenna has overhauled its partnership structure, speeding up the time it takes for junior partners to join the equity and allowing them to progress more quickly through the lockstep once there.
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