Legal Futures UK reports..
Eight companies in the PURE Business Group – whose tagline was ‘Changing the Legal Universe’ – went into administration yesterday, with more than 200 shocked staff losing their jobs as a result.
PURE – set up and owned by entrepreneur Phil Hodgkinson – is a collection of legal and other companies that was handling over 12,000 new instructions each year in high-volume areas of consumer litigation.
Rob Armstrong, Michael Lennon and James Saunders of Kroll Advisory were appointed joint administrators yesterday and eight group companies have ceased trading.
They are: Astute Business Management Consultants, PURE Technology Systems, PURE Reporting Services, PURE Claims, PURE Legal, PURE Claims Support Services, Connect Costs, and PURE Costs Budgets.
Other companies within the group remain trading and are unaffected by the administration process.
Not all are active but they include PURE Litigation Funding, PURE Commercial, PURE Mediation, PURE Investment Management, PURE Sports Consultancy and PURE Legal Costs Consultants. Legal Futures understands that 135 staff remain employed.
