The Partners of CMS UK, Nabarro and Olswang have voted overwhelmingly in favour of a proposal to combine their firms and create a new City powerhouse that will become the world’s sixth largest law firm by lawyer headcount and sixth largest in the UK by revenue.
The merger, which is due to complete on 1 May 2017, will be the largest merger ever in the UK legal services market. Nabarro and Olswang will join the CMS UK LLP partnership, creating a modern firm that is uniquely positioned to provide clients a distinctive offering driven by technology and sector expertise underpinned by deep experience and heritage.
The new firm will trade as CMS, and the name of the UK LLP will be CMS Cameron McKenna Nabarro Olswang LLP.
Building on the CMS global platform, the new firm will be transformative, bringing together a world-class bench of nearly 2,500 lawyers in the UK within a global team of over 4,500 lawyers to lead the rapidly changing legal market and meet the needs of clients in the City, the UK, Europe and internationally.
With the addition of Nabarro and Olswang, CMS will have over 1,000 partners and over 7,500 employees across 65 offices in 36 countries around the world, with combined revenues of circa £450 million in the UK and revenues well in excess of €1.2 billion globally.