News in brief – April 2017

News in brief – April 2017

300 JOBS CUT AHEAD OF CMS MERGER

Approximately 300 support staff roles are to be cut at CMS Cameron McKenna, Olswang and Nabarro ahead of their triple merger next month. The firms ran a redundancy consultation from January to March, with 650 of the 950 support staff offered roles in the combined firm.

 

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Nabarro posts perfect score as Camerons drags three-way trainee retention rate down to 84%

Nabarro posts perfect score as Camerons drags three-way trainee retention rate down to 84%

Trainees at Nabarro and Olswang certainly seem set on the prospect of a three way merger with CMS Cameron McKenna, with 100% and 88% respectively from the two firms accepting offers as newly qualified (NQ) solicitors. Continue reading “Nabarro posts perfect score as Camerons drags three-way trainee retention rate down to 84%”

Consolidation: CMS Olswang and Nabarro to cut roughly a third of support staff jobs ahead of merger

Consolidation: CMS Olswang and Nabarro to cut roughly a third of support staff jobs ahead of merger

As the firms prepare for their three way merger, 300 support staff roles at CMS Cameron McKenna, Olswang and Nabarro are set to be cut following a redundancy consultation. Continue reading “Consolidation: CMS Olswang and Nabarro to cut roughly a third of support staff jobs ahead of merger”

‘Mixed emotions’: Facebook appoints Olswang partner Caddick as new regulatory and litigation head in Europe

‘Mixed emotions’: Facebook appoints Olswang partner Caddick as new regulatory and litigation head in Europe

Ahead of the tripartite merger between CMS, Nabarro and Olswang, Facebook has announced that it has taken on commercial disputes partner Anna Caddick from its external adviser Olswang as its EMEA head of regulatory and litigation.

Continue reading “‘Mixed emotions’: Facebook appoints Olswang partner Caddick as new regulatory and litigation head in Europe”

Digesting a merger: CMS absorbs Olswang’s Spanish and Belgian operations as Paris and Munich status remains uncertain

Digesting a merger: CMS absorbs Olswang’s Spanish and Belgian operations as Paris and Munich status remains uncertain

After considerable speculation over the fate of international partners post-merger, CMS Cameron McKenna has confirmed a number of lawyers in the European offices of Olswang and Nabarro will be joining its network on 1 May, while the fate of Olswang’s remaining lawyers in Paris remains uncertain.

Continue reading “Digesting a merger: CMS absorbs Olswang’s Spanish and Belgian operations as Paris and Munich status remains uncertain”

Comment: There’s value in CMS’ purchase and one big hurdle ahead

Comment: There’s value in CMS’ purchase and one big hurdle ahead

In the wake of the eye-catching tie-up of CMS Cameron McKenna, Nabarro and Olswang, Legal Business noted last year that the gnomic messages around the union made it a hard one to judge. And even after a detailed assessment of the largest UK legal merger ever, as we undertake for this month’s cover feature, it’s not easy to put the pieces together. Continue reading “Comment: There’s value in CMS’ purchase and one big hurdle ahead”