Simmons ponders LLP switch

Simmons & Simmons is considering converting to a limited-liability partnership (LLP) and will make a decision by the end of the financial year. The firm has appointed corporate partner ­Jeremy Sivyer as chairperson of a dedicated panel to look into whether the move is viable. Converting to an LLP is especially complex in certain foreign jurisdictions, such as Hong Kong, where Simmons has 59 lawyers. Managing partner Mark Dawkins said: “There isn’t a huge pressure to do it. We’re only looking at it because we think it’s a good thing to do in terms of corporate governance.” Since the start of 2008 a glut of firms have decided to switch to LLP status, including Druces & Atlee, Freshfields Bruckhaus Deringer, Hammonds, Nabarro and Travers Smith.