Hammonds hit by third partner exit since lock-in

Hammonds partner Simon Sale has become the third salaried partner to leave the firm since it instituted a lock-in for its 85 equity partners in April this year.

Private equity partner Sale has left to join the London office of Dundas & Wilson.

His departure follows the exit of insolvency partner Mike Woollard, who left for SJ Berwin, and employment specialist Ian Tranter who joined Pannone & Partners in Manchester.

The hire follows a record year for Dundas & Wilson, which posted a record £44m turnover and average profit per equity partner of £256,000 in 2004-2005. Sale is the fourth new partner to join this year, following the hires of Pinsent Masons banking partner Rhodri Davies, Ward Hadaway pensions head David Knox, and Osborne Clarke’s Gawain Hughes.

Dundas chief executive Neil Cochran said Sale’s hire follows strong growth for the firm’s London office.

Hammonds said: “We wish him all the best for future endeavours.”