CMS Flashcards

You may prefer our related Brainscape-certified flashcards:
1
Q

Manchester practice areas

A
  • Banking and finance
  • Construction
  • Corporate finance
  • Disputes
  • Energy
  • Infrastructure
  • M&A
  • Pensions
  • Real estate
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2
Q

Examples of CMS clients

A
  • August Equity (private equity firm)
  • M and S
  • Nestle
  • French connection
  • Natwest
  • Google
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3
Q

Example case of CMS

A
  • Nov 2023
  • Advised Iconix International (owns almost 30 brands across fashion, sports and entertainment) on its majority acquisition of Hoodrich
  • Will help global expansion, manufacturing
  • Founder of Hoodrich will maintain an ownership interest
  • Departments involved: M&A, IP, financing, competition
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4
Q

How many countries / lawyers / offices?

A
  • 45 countries
  • 5,800 lawyers
  • 76 Cities
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5
Q

How many practice areas and sector groups? (Examples)

A
  • 19
  • Hotels & leisure, consumer products, real estate, technology etc
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6
Q

USP of CMS

A
  • International aspect (over 40 countries)
  • Breadth
  • Sector approach (works across them)
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7
Q

Biggest rivals

A
  • DLA (similar breadth of countries + interdisciplinary)
  • Bird and Bird (international outreach)
  • Freshfields (innovation)
  • Dentons (sector approach + has a huge international base)
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8
Q

Use of AI

A
  • Keen to guide clients
  • Use of generative AI within CMS
  • Microsoft 365 Co-Pilot system
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9
Q

Why CMS?

A
  • Scale / international reach (45 countries)
  • Opportunity to work globally
  • culture / diversity
  • attitude towards innovation and future thinking (eg seat in innovation)
  • range of seats and practice areas
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10
Q

Why commercial law?

A
  • Intellectual challenge
  • Variety
  • fast paced environment
  • collaborative nature
  • high profile clients
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11
Q

Gender equality

A
  • Publishing of gender pay gap the year before it was mandatory (2017)
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12
Q

Interactions with the firm

A
  • Insight programme (applications)
  • IP workshop
  • social media
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13
Q

Why is commercial awareness important?

A
  • Help clients navigate changes
  • Helps support clients eg when they are being investigated
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14
Q

Key principles

A
  1. Thriving
  2. Agile
  3. Together
  4. Inclusive
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15
Q

What are the 8 specialist sectors?

A
  1. infrastructure
  2. life sciences and healthcare
  3. real estate
  4. TMT
  5. consumer and retail
  6. hotel and leisure
  7. financial institutions
  8. energy
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