Law Society comment on Pagan Osborne
Lorna Jack, Chief Executive of the Law Society of Scotland, has commented on the announcement that Pagan Osborne has gone into administration. She said: “We are very sad to hear that Pagan Osborne has gone into administration.
It represents the loss of a long-established and highly regarded Scottish law firm operating across Fife and Edinburgh.“There is to be a full transfer of business to Thorntons and we are confident that arrangements are being put in place to ensure that there is as little disruption as possible for Pagan Osborne’s clients.
“We understand that most of Pagan Osborne’s staff, including all trainee solicitors, will transfer to Thorntons but there are to be redundancies following a consultation period, making this a difficult and uncertain time for everyone affected by this announcement.
“There has been ongoing, significant change within the legal services sector which, combined with a challenging economic environment, continues to have an impact on law firms.
“We will work with both firms to help ensure a smooth transfer of and provide advice and support for our members. Pagan Osborne clients should continue to contact their solicitor about any ongoing business or transactions.”
There is information on the Law Society website about the professional support available for members and trainee solicitors.
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