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Yet in the same issue we read that £300m is the shortfall to creditors of legal firms closing down insolvent. With an average dividend of just .02p in the pound one has to wonder if any of these firms were obtaining credit by deception, knowing full well that later creditors would not get paid. Surely a more worthwhile target for investigation than an elderly lawyer doing his best to close his practice. Which is doing the greater harm to the reputation of the profession?

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