CMS Flashcards
1
Q
Manchester practice areas
A
- Banking and finance
- Construction
- Corporate finance
- Disputes
- Energy
- Infrastructure
- M&A
- Pensions
- Real estate
2
Q
Examples of CMS clients
A
- August Equity (private equity firm)
- M and S
- Nestle
- French connection
- Natwest
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
4
Q
How many countries / lawyers / offices?
A
- 45 countries
- 5,800 lawyers
- 76 Cities
5
Q
How many practice areas and sector groups? (Examples)
A
- 19
- Hotels & leisure, consumer products, real estate, technology etc
6
Q
USP of CMS
A
- International aspect (over 40 countries)
- Breadth
- Sector approach (works across them)
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)
8
Q
Use of AI
A
- Keen to guide clients
- Use of generative AI within CMS
- Microsoft 365 Co-Pilot system
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
10
Q
Why commercial law?
A
- Intellectual challenge
- Variety
- fast paced environment
- collaborative nature
- high profile clients
11
Q
Gender equality
A
- Publishing of gender pay gap the year before it was mandatory (2017)
12
Q
Interactions with the firm
A
- Insight programme (applications)
- IP workshop
- social media
13
Q
Why is commercial awareness important?
A
- Help clients navigate changes
- Helps support clients eg when they are being investigated
14
Q
Key principles
A
- Thriving
- Agile
- Together
- Inclusive
15
Q
What are the 8 specialist sectors?
A
- infrastructure
- life sciences and healthcare
- real estate
- TMT
- consumer and retail
- hotel and leisure
- financial institutions
- energy