Hammonds partners reaffirm Crossley strategy

Hammonds partners have returned from their biennial partners’ conference optimistic for continued improvement.

The firm’s entire international partnership met in Cannes on Friday and Saturday (9 and 10 June) to discuss Hammonds’ new strategy and how to implement it.

Managing partner Peter Crossley said that the partners were “very pleased” with the conference, adding: “This will significantly assist in maintaining the momentum of improvement which we have experienced in the firm over the last year.”

The firm has not yet announced its results for the last financial year, but earlier this week it emerged that Hammonds’ equity partners will not be tied into the firm for a further year after the current 14-month lock-in comes to a end on 30 June.

Hammonds announced the results of its extensive strategic review at the end of April. The firm is seeking to refocus on the way Hammonds secures new business; restructure its business departments; replace the senior partner with a non-executive chair of the partnership board; and move towards firmwide performance-related pay.