All 37 staff at an England-and-Wales firm have been made redundant after the business was suddenly placed into administration.
Lennons Solicitors closed last week with the appointment of administrators from insolvency specialist Quantuma.
The firm operated from three offices in Buckinghamshire and Hertfordshire and reported a turnover of £3.4 million as recently as 2023.
Quantuma said that the firm had experienced difficulties more recently and had to cease trading after being unable to secure professional-indemnity insurance.
‘Regrettable’
Sean Bucknall, managing director at Quantuma, said: “It is deeply regrettable that Lennons has been forced to cease trading, due to a series of difficult circumstances. This was a sad ending for an established law firm.
“Following a period of marketing, we have managed to safely transfer all of the firm’s live files in accordance with clients’ instructions to multiple parties, including Read Cooper Limited t/a BWK Solicitors and Nexa Law Limited, ensuring that all client interests remain protected and that there is a managed and organised wind-down of the firm,” the England and Wales Gazette reports the liquidator as saying.
