CMS has reported a 5.9% increase in global revenues to €2.073 billion for 2024, underpinned by strategic geographic expansion, key leadership appointments, and investments in technology and diversity initiatives, solidifying its position in the global legal market.
CMS has reported robust financial growth and strategic expansion for the 2024 financial year, underscoring its prominent position within the global legal market. The firm’s global revenues reached €2.073 billion, reflecting a year-on-year increase of 5.9%. In the UK specifically, CMS’s LLP revenue climbed to £779.1 million for the 2024/25 financial year, marking a 6.0% rise. This performance highlights the firm’s steady upward trajectory amidst a competitive and rapidly evolving legal landscape.
Stephen Millar, Managing Partner at CMS UK, expressed satisfaction with the strong results, emphasizing the firm’s growth and expansion across key markets including the UK, Asia, Central and Eastern Europe, and the Middle East. Millar noted that the firm’s continuous investment in its people, technology, and client relationships remains central to its growth strategy. Core practice areas such as disputes, finance, and energy performed particularly well, driving the firm’s success.
Pierre-Sébastien Thill, Chairman of CMS, reflected on the firm’s progress during its 25th anniversary year, stating that beyond delivering expert legal advice and innovative service, the firm prioritizes agility in addressing challenges that affect both its operations and those of its clients. The corporate practice was the largest contributor to revenue growth, supplemented by strong performances in dispute resolution, real estate, tax, employment, and banking.
CMS has also bolstered its global footprint with several key developments. This includes the integration of Wistrand, a top-ten Swedish law firm now operating as CMS Wistrand, and expanding its African presence by welcoming Prism Chambers from Mauritius as an associate firm. Additionally, CMS opened a new representative office in Silicon Valley, focusing on business development and marketing activities, underlining its commitment to serving clients in major business hubs worldwide. As of 2024, CMS operates 91 offices across 50 countries, signalling significant international reach.
Leadership enhancements were another focus for CMS, with Hubertus Kolster, Senior Partner at CMS Germany, appointed Vice-Chairman of the CMS Executive Committee, joining Pierre-Sébastien Thill and Duncan Weston in key leadership roles. The firm also made strategic appointments to lead various international practice groups. Notably, Sam De Silva became head of the CMS Commercial Group in London, while Gaël Chuffart and Daniela Krömer took on leadership roles for the CMS Employment Group based in Brussels and Vienna, respectively. In a further move towards diversity and inclusion, CMS promoted 54 partners across 17 countries, with women representing nearly 41% of the promotions.
CMS continues to invest heavily in its future workforce. The launch of the Learning and Development Charter in 2024 highlights the firm’s dedication to enhancing the skills and knowledge of its attorneys. The CMS Academy offers comprehensive training for lawyers at every career stage, while the Future Ready Leaders programme helps equip leadership with the tools necessary to define and pursue the firm’s purpose, vision, and strategy.
Innovation and legal technology remain at the forefront of CMS’s strategy. The firm has integrated advanced tools such as Harvey and Microsoft Copilot into its operations. These initiatives are supplemented by extensive training programmes on artificial intelligence and legal technology, ensuring CMS maintains a competitive edge in a legal market increasingly shaped by technological advancement.
This continued growth trajectory follows previous years of strong performance. For context, CMS reported a 5.1% revenue increase to €1.957 billion in 2023, with significant growth driven by its corporate practice as well. The firm expanded into additional key markets across Latin America, Africa, and Europe, and consistently emphasised leadership changes and technology adoption as pillars of its development strategy.
In the UK, leadership transitions are underway with Charles Currier set to succeed Penelope Warne as senior partner in April 2024, further positioning the firm for future growth in one of its most critical markets.
Overall, CMS’s 2024 results demonstrate the firm’s successful combination of strategic expansion, leadership development, technological innovation, and commitment to diversity, solidifying its status as a significant global player in legal services.
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Source: Noah Wire Services
Noah Fact Check Pro
The draft above was created using the information available at the time the story first
emerged. We’ve since applied our fact-checking process to the final narrative, based on the criteria listed
below. The results are intended to help you assess the credibility of the piece and highlight any areas that may
warrant further investigation.
Freshness check
Score:
10
Notes:
The narrative is recent, published on 31 July 2025, and reports on CMS’s financial performance for the 2024 financial year. No evidence of recycled or outdated content was found. The report includes updated data and new developments, justifying a high freshness score.
Quotes check
Score:
10
Notes:
Direct quotes from Stephen Millar and Pierre-Sébastien Thill are unique to this report, with no earlier matches found online. This suggests the content is original or exclusive.
Source reliability
Score:
8
Notes:
The narrative originates from Solicitors Journal, a reputable UK-based publication. However, the absence of a clear publication date and the lack of a direct link to the article raise some concerns about the source’s reliability.
Plausability check
Score:
9
Notes:
The reported figures align with CMS’s previous financial performance, indicating consistency. The narrative includes specific details about CMS’s global expansion and leadership changes, which are plausible and consistent with the firm’s strategic direction. The language and tone are appropriate for a corporate report, with no inconsistencies noted.
Overall assessment
Verdict (FAIL, OPEN, PASS): PASS
Confidence (LOW, MEDIUM, HIGH): HIGH
Summary:
The narrative is recent, original, and plausible, originating from a reputable source. While there are minor concerns about the source’s reliability due to the lack of a clear publication date and direct link, the content’s consistency with CMS’s known performance and strategic initiatives supports its credibility.
