Camerons’ double merger adds up but will it multiply?

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Pity the poor pundit obliged to come up with an opinion on the obtusely-forged union of CMS Cameron McKenna, Nabarro and Olswang. Despite representing one of the largest legal mergers in the UK, taking a view on the tie-up, good, bad or indifferent is challenging, not least because the trio have so far been strikingly gnomic over the whole thing.

The union combines three brands with impressive industry credentials across real estate, media, technology, financial services, energy and life sciences. That is a lot of sector to focus but in those areas, these outfits carry potency.

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‘I didn’t see anyone not put their hand up’: CMS, Olswang, Nabarro vote for merger

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Madeleine Farman, Matthew Field and Kathryn McCann speak to those inside and outside the fence

‘A merger was definitely going to happen. That was obvious when I was at CMS four years ago,’ a former CMS Cameron McKenna partner tells Legal Business. ‘It is another great scheme; I don’t feel that the firm’s brand has improved since I left. I know from people inside that the network, although they make a great show of it working well, doesn’t really work as well as it should.’

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Working the mechanics: Camerons, Nabarro and Olswang’s leaders on finalising the merger

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Having announced an audacious union yesterday (10 October) management at CMS Cameron McKenna, Nabarro and Olswang are set to kick off the arduous process of consolidating their respective businesses over the next six months, an exercise which will see potential staff redundancies.

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‘A UK legal merger which makes sense’: CMS, Olswang and Nabarro vote in favour of union

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After weeks of speculation, CMS Cameron McKenna, Nabarro and Olswang have voted to combine, taking on the CMS brand and giving Camerons over 1,000 partners and revenues of around £450m in the UK.

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Olswang exits continue as merger claims swirl around TMT player

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More than 30 partners have left the firm in the last 18 months

Having emerged as one of the worst performers in the Legal Business 100 last month and strongly touted to be in the market for a merger, September saw further departures from Olswang, adding to a steady stream of exits in recent months.

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Olswang exits continue amid merger talks as restructuring head quits for US firm

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US firm McDermott Will & Emery has taken on Olswang‘s head of restructuring & insolvency Alicia Videon in the first exit from the firm since merger talks with CMS Cameron McKenna and Nabarro were revealed last week.

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