Simmons has added to its international banking practice with the hire of Kirsty Barnes, Gowling WLG’s head of banking and finance in the UK.
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Warne was re-elected CMS’ senior partner in January 2020 and has headed up a number of key diversity initiatives during her term, which included seeing women make up 40% of the firm’s board and 30% of its UK another muted patch for City laterals, Simmons & Simmons and CMS were the only firms to hire in London last week as Gibson Dunn & Crutcher recruited to its employment bench and HFW hired in Hong Kong. We are proud of the progress we have made in diversity, our 2025 net zero commitments, and our innovation and technology initiatives.’
We are committed to inspire, impact and support our clients, our people and our communities and to deliver excellence. Penelope Warne, CMS UK senior partner (pictured), said: ‘We celebrate a dynamic, inclusive and supportive culture. Out of those 52, 23 were made up in the UK, of which 43% were women. ĬMS opted to highlight its 52 partner promotions made in 2021, the firm’s largest round since 2019. This represents a 6% increase in profits from 2019’s £192.8m. He added: ‘We are committed to building strong, long-term relationships with our clients as their business partners and to support them as they look for solutions to recover from the pandemic and to find new growth opportunities.’Īs in previous years, the firm has not disclosed its profitability figures, however its LLP accounts up to April 2020 show an operating profit of £203.6m. However both marginal increases represent a slowing of growth on the previous year, when UK and global figures grew 4% and 5% respectively.ĭespite this, CMS UK managing partner Stephen Millar hailed what he described as ‘solid financial results’, which he said ‘reflect our resilience and ability to deliver successfully for our clients against what was an extremely turbulent backdrop in the last year.’ CMS UK unveiled a muted set of financial results today (5 July), with revenues inching up from £566m to £567m as global income increased 3% from €1.426bn to €1.475bn.
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