Legal Business

Partnership structure overhaul for CMS Cameron McKenna

CMS Cameron McKenna has reformed its partnership remuneration model from 1 May, enabling salaried partners to become equity partners more quickly but increasing management scrutiny of performance.

After 18 months of deliberation, the firm voted in favour of discontinuing its salaried partner level, achieving the 80% majority needed to push the reforms through.

The change will see 65 salaried partners become part of a 75-strong fixed-share rank.