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Hammonds set to take harder line on partner departures.

Europe Intelligence Wire

| May 01, 2006 | COPYRIGHT 2006 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From The Lawyer)

Hammonds is to radically reform the way it handles resignations and notice periods of departing partners once the firm's 14-month lock-in ends in June.

The firm is considering a range of measures that will help to cut down on the number of departures in any one year.

Hammonds' options include extending its current six-month notice period to a full year; setting an upper limit on the number of partners who can leave within a year; and even restricting the days on which partners can resign.

Any changes would need the support of the Hammonds ...

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