Hammonds has become the latest firm to convert to a limited liability partnership (LLP), the national giant announced today (1 May). The conversion to LLP status, which was backed via a partner vote last month, protects both full equity partners and fixed-share partners, though voting rights and internal management will remain the same under the new structure.
May 01, 2008 at 06:30 AM
1 minute read
The original version of this story was published on Legalweek
Hammonds has become the latest firm to convert to a limited liability partnership (LLP), the national giant announced today (1 May).
The conversion to LLP status, which was backed via a partner vote last month, protects both full equity partners and fixed-share partners, though voting rights and internal management will remain the same under the new structure.
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