Legacy Hammonds has abandoned the restrictive policy that left its equity partners with only two days each year on which to resign following its transatlantic tie-up with Squire Sanders & Dempsey. The firm amended its partnership deed when the merger went live earlier this month, allowing partners to resign whenever they wish – although they will still be required to serve a six-month notice period.
February 02, 2011 at 08:06 PM
1 minute read
The original version of this story was published on Legalweek
Legacy Hammonds has abandoned the restrictive policy that left its equity partners with only two days each year on which to resign following its transatlantic tie-up with Squire Sanders & Dempsey.
The firm amended its partnership deed when the merger went live earlier this month, allowing partners to resign whenever they wish – although they will still be required to serve a six-month notice period.
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