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The SRA weren't quick enough .... again. This situation should not have been allowed to develop to a point where debts of over £13m were chalked up while being supervised. This happened last year when Alexander Lawyers LLP was allowed by the SRA to carry on running up debts while being monitored by the SRA's supervision team. It took a group of determined creditors with help from HMRC to stop the charade. Why is the SRA allowing this sorry state of affairs to continue? If every partner tempted to draw beyond his means feared a speedy SRA intervention such situations would not develop.

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