CMS reaches €2.073m in revenue
CMS closed the 2024 financial year with a global turnover of €2.073 millions, representing an increase of 5.9% over the previous year. This growth has been accompanied by expansion in key areas such as corporate/M&A, litigation, real estate and construction, employment, and banking and finance, according to the firm.
During the past financial year, CMS also strengthened its international presence with the integration of the independent firms Wistrand (Sweden) and Prism Chambers (Mauritania) into its network, as well as the opening of an office in Silicon Valley focused on business development and marketing. The firm currently operates 91 offices in 50 countries, positioning itself as one of the most global players in the legal sector.
Promotions and commitment to diversity
In 2024, CMS appointed 54 new partners in 17 countries, 54% of whom were women. In Spain, Juan Moreno and Elena Alcázar were promoted to partner. For Pierre-Sébastien Thill, CMS’s executive chairman, these results ‘reflect the firm’s ability to respond to the demands of an increasingly competitive market thanks to the commitment of our teams and the trust of our clients’. He adds: ‘It is not only about offering expert legal advice and innovative services, but also about being agile in the face of the challenges affecting our business and that of our clients’.
Investment in training and artificial intelligence
As part of its talent development strategy, CMS launched its interactive CMS L&D Charter platform last year, aimed at the continuous training of the firm’s more than 7,200 lawyers. The tool provides access to courses tailored to different career stages and offers practical resources on the firm’s mission, vision and strategy.
In the field of technology, CMS has continued its commitment to innovation with the implementation of artificial intelligence solutions such as Harvey and Microsoft Copilot across its global network. In addition, specific training programmes in Legal Tech have been rolled out to promote the efficient use of these tools among its teams.
For Isabel Scholes, executive director of CMS, attracting and retaining the best professionals in order to offer exceptional service to clients is key. ‘In the age of artificial intelligence, human skills are more important than ever, and at CMS we are committed to training leaders who are capable of developing effective strategies and helping us to foster a culture of innovation, inclusion and sustainability.’ She concludes: ‘These qualities are essential to prepare our clients and CMS for the future.’
