Watson Farley & Williams has become the latest firm to decide to convert to a limited liability partnership (LLP).

The move means Watson Farley, which specialises in maritime, energy and banking work, will become a UK-registered LLP on 1 May.

The 60-partner firm approved the measure unanimously at a partnership vote on 9 February, joining the ranks of City firms to have decided in favour of the change.

City firms including Allen & Overy and Eversheds have already decided to convert to limited liability, while Herbert Smith partners also recently voted in favour. The structure protects the personal assets of partners in the event of a firm-busting negligence claim.

Managing partner Michael Greville told Legal Week: "It's been on the agenda for over a year and a half now. We wouldn't have done it unless there was overwhelming support from the partners."