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CMS Cameron McKenna Targeting Equity Partners

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CMS Cameron McKennaEarlier this month, UK City firm CMS Cameron McKenna asked its equity partners to volunteer to become fixed-share partners.

Now the firm has confirmed that “voluntary” could become “mandatory,” as they target less productive members.

Partners have until the end of March to decide on changing to fixed-share.

It’s not deequitization, the firm says, because fixed-share partners will be paid from the general profit pool, and remain members of the limited liability partnership.

CMS Cameron McKenna LLP is an international law firm with over 130 partners and offices throughout the United Kingdom and Central and Eastern Europe.

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Posted by on March 21, 2009. Filed under Home,Legal News,World News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

 

 

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