CMS UK, Nabarro and Olswang completed a mammoth merger this week, becoming the sixth largest law firm in the UK by revenue and sixth largest globally by headcount. Globally, CMS has more than 1,000 partners and 5,000 lawyers in 70 offices across 39 countries. Penelope Warne, senior partner of CMS in London, said: ‘We have made this bold move with one goal in mind: to build a new kind of future-facing law firm.’ London staff will work from CMS’s existing offices at Cannon Place.
04 May 2017
The new CMS
MOVERS & SHAKERS
Signature Litigation—Catherine Naylor
International fraud and asset recovery offering boosted by partner hire
Stevens & Bolton—Alexa Payet
Private wealth disputes team adds contentious probate specialist
Morgan Lewis—Paul Feldberg
Firm strengthens investigations and sanctions capabilities with London partner hire
NEWS
Cheshire West, which established an ‘acid test’ for deprivation of liberty safeguards, has been overturned by the Supreme Court
The Chancery Division and other segments of the High Court are to be replaced by a new Business and Property Division (BPD), in a major civil justice shakeup
Law firms that hold client money will need to file annual accountants’ reports and make a declaration, the Solicitors Regulation Authority (SRA) confirmed this week
Two district judges and a tribunal judge have been sanctioned for delays in delivering judgments and orders
Private equity (PE) investment into UK law firms halved to £250m last year, but deal volume rose, according to research by Acquira Professional Services’ Momentum private equity market tracker
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