CMS, the top 10 international law firm, today announces its financial results
- Total annual revenues of EUR 1.01bn compared with 2014 revenues of EUR 934.5m, a year on-year increase of 8.4%
- Net profit up 6.8% compared with 2014
- The CMS Corporate/M&A Group achieved top rankings in the major 2015 deals tables compiled by Bloomberg, Mergermarket and Thomson Reuters
- Ranked 2nd most global firm in the AmLaw 2015 Global Top 100
- First international law firm to open an office in Iran on 1 February 2016
- 32 new partners across CMS in 2015.
Cornelius Brandi, Executive Chairman of CMS, commented: “Last year, we achieved another set of excellent results. Our strong increase in revenue is a tangible indicator of our commitment to providing our clients with quality legal advice that has a positive impact on their business. Independently conducted surveys show that our clients are very satisfied with the service they receive from us"
“In 2015, we advised on a number of high-profile deals across a range of industry sectors worldwide. As in previous years, we have achieved top rankings in the major 2015 M&A League Tables. By deal count, we were ranked #1 in Europe by Bloomberg and Thomson Reu-ters, #2 in Europe by Mergermarket and #3 globally by Bloomberg (up to USD 500m).
“Already one of the largest law firms worldwide – we were ranked 2nd most global firm in American Lawyer’s 2015 Global Top 100 for the second consecutive year – we have continued our expansion and now have 60 offices in 34 countries. At the beginning of this year, we became the first international law firm to open its own office in Tehran, Iran.”
Tom Heremans, Managing Partner of CMS Belgium, said: “The results show that the firm we are part of is very solid, enabling us to meet our clients’ needs and to share our legal knowledge throughout the world. The trust our clients put in our firm is the best evidence of it.”
Duncan Weston, who was the managing partner of CMS in the UK for 8 years, has been appointed CMS Executive Partner for Global Development. In his new role, he will intensify or build relationships with potential CMS partner firms outside the CMS territories.
CMS added 32 new partners in 2015 across a wide range of jurisdictions, taking the total to over 850.
