Weston (pictured) put growth firmly at the top of his agenda, saying he wants to outstrip Camerons’ current three-year strategy to increase turnover to at least £250m by 2009.
Camerons is already well on the way to meeting the goal set out by former managing partner Dick Tyler to grow revenues to at least £250m by 2009, up from £182m for 2006-07. Its recent results saw turnover climb by 19% to hit £235m.
Weston told Legal Week: “We now have unanimous buy-in to continue to grow the business. That means growing corporate and banking supported through our sector group focus.”
In line with this, Camerons is also reviewing its position in the market as it gears up to implement its convergence programme in its CMS practices.
Weston added: “We have a mandate to review any changes in the market, whether that is external funding and buy-ins or mergers. Having signed off on our convergence project we need to know how to approach our growth and build our position in the market.”
The firm voted at the start of the year to work more closely together with its CMS network of European firms and has put in place a number of working parties to look at and ensure common systems in the firm and address conflicts procedures over the next 12 months.
