JD Journal

Earlier 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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4. Non-equity Partners In “Precarious Position”
5. Addleshaw Goddard to Lay Off 19 Partners
6. McKenna Long Adds 17 Attorneys to LA Office