As major law firms continue to wrestle with the sustained downturn in Western economies, many are moving to strengthen their financial hand in response, according to public documents. Accounts filed by CMS Cameron McKenna, Eversheds and SNR Denton in the past two weeks have highlighted a concerted push to pay down debt and often draw on increased partner capital.
January 24, 2013 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
As major law firms continue to wrestle with the sustained downturn in Western economies, many are moving to strengthen their financial hand in response, according to public documents.
Accounts filed by CMS Cameron McKenna, Eversheds and SNR Denton in the past two weeks have highlighted a concerted push to pay down debt and often draw on increased partner capital.
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