The latest law firm debt rankings show seven of the UK's top 50 firms cleared 100% of their borrowings in the 12 months to April 2021, but one in five still have a negative net cash position.
June 16, 2022 at 05:53 AM
3 minute read
Reporter
The U.K.’s top 50 law firms radically reduced their debt burden during the pandemic, according to fresh research.
Seven firms—DLA Piper, Eversheds Sutherland, Norton Rose Fulbright, Irwin Mitchell, Fieldfisher, Gateley and Weightmans—reduced their debt by 100% as of April 2021, according to analysis of their most recent limited liability accounts on Companies House by auditor Evelyn Partners.
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