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Hammonds has converted to Limited Liability Partnership (LLP) with effect from today (1 May 2008).
The conversion includes the firm’s UK, Belgian and Spanish offices, with the German offices in Berlin and Munich to join from 5 May.
Managing partner Peter Crossley said: “Whilst our decision to convert to an LLP will have little or no affect on our clients, it will enable us to create the structure and transparency of a corporate entity which will better serve our clients and business in the future.”
The Chinese and Russian offices of Hammonds are not included in the conversion and remain as separate legal entities and Hammonds’ associate Italian firm Rossotto & Partners also remains independent.
Among large UK firms Hammonds emerged as the top promoter of associates in comparison to the total size of its partnership (as reported on www.thelawyer.com 30 April).
Hammonds’ conversion follows Gide Loyrette Nouel‘s London office announcing its LLP conversion on 29 April (as reported on www.thelawyer.com).