Found in the Cemetery of Ash, in front of a gravestone located on the right path before entering Firelink Shrine, guarded by a Starved Hound. It is the same grave where Hawkwood the Deserter can sometimes be found praying.
The shield will only appear here if Hawkwood is killed, or after he leaves the shrine once the Abyss Watchers have been defeated.
An unremarkable Small Shield, Hawkwood's Shield serves mainly to provide lore and little else. Its wielding requirements are trivial, though it does provide moderate Fire absorption. However, as with other Small Shields, it is a poor choice for defending oneself and is more suitable for parrying.
Reinforced with standard Titanite.