CMS partners vote in Weston for second term at helm
CMS Cameron McKenna managing partner Duncan Weston has secured a second term in the role following a partner vote which closed on Friday afternoon (25 November). Weston, who stood uncontested, needed to receive the backing of 51% of the partnership in order to seal his reappointment on 1 May 2012.
November 25, 2011 at 09:28 AM
2 minute read
CMS Cameron McKenna managing partner Duncan Weston has secured a second term in the role following a partner vote which closed on Friday afternoon (25 November).
Weston, who stood uncontested, needed to receive the backing of 51% of the partnership in order to seal his reappointment on 1 May 2012.
It is understood that Weston's manifesto included proposals to review partners' share of the equity, but partners are unclear whether this will mean changing the firm's modified lockstep structure, moving people up or down or de-equitising some partners in order to boost shares for others.
Weston was elected managing partner of the top 15 UK law firm in 2007, when he stood against corporate partner Louise Wallace, property head Edward Benzecry, commercial head Nigel Moore and corporate partner Niall McAlister.
He formally took over from predecessor Dick Tyler in the post on 1 May 2008, having previously managed the firm's Central and Eastern European practice.
CMS' revenues rose by just under 5% during 2010-11 to £225m, with profits per equity partner rising by 10.7% £500,200. A number of partners were asked to leave the firm at the beginning of this year, with the firm also spending £4.5m de-equitisating 16 partners in 2009-10. Other notable management moves during Weston's term to date include the decision to outsource the majority of the firm's back office function to Integreon which took effect in April this year.
Commenting on the process, one CMS partner said he was unsurprised that Weston was standing unopposed. He said: "You have got to understand law firm politics and it is always hard to stand against an incumbent. I think he has done an ok job as far as I'm concerned and I don't think there is any chance that he will not secure the required endorsement."
The election comes after Tyler, who went on to become executive partner of the CMS European network after serving as managing partner, took over as senior partner from Richard Price on 1 May this year. Tyler fought off competition from runner up Louise Wallace after candidates Andrew Ivison (banking and project finance) and Robert Lane (energy) were eliminated.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View AllBig Four Japanese Firm Mori Hamada Launches Foreign Joint Law Enterprise, Joins Rebrand Drive
Cox & Palmer to Merge with Benson Buffett in St. John’s, Canada’s Easternmost City
2 minute readAsia's Top Stories 2024: Departures, Layoffs and Breakups at the Likes of Kirkland, Skadden and Mayer Brown
Trending Stories
Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250