A GLASGOW-BASED law firm has fallen into administration after experiencing “financial difficulties” leading to all jobs at the company at risk of being lost.
Founded in 2017, DJ Mackay & Partners LLP, specialises in personal injury claims and employs 16 members of staff.
However, Shona Campbell of Henderson Loggie has been appointed administrator of the firm after its partners concluded that administration was the “appropriate course of action” following financial difficulties.
It is uncertain how many jobs are at risk, but administrators said that staff will be “fully supported” throughout any redundancy process.
Campbell confirmed her appointment as administrator for DJ Mackay & Partners LLP on Friday.
She said: “The firm has experienced financial difficulties and the partners concluded that administration was the appropriate course of action.
“Our immediate priority as administrators is to secure all client files, protect confidential information and ensure continuity of service for individuals whose matters are currently in progress.
“We are working closely with relevant regulators and stakeholders to continue arrangements for the orderly transfer and ongoing management of live cases.
“We will ensure that affected staff are fully supported throughout any redundancy process.”
The process of transferring client files is expected to conclude by the end of the month.
Donald Mackay, director of DJ Mackay & Partners LLP, said the decision to enter administration was “extremely difficult”and not “taken lightly”.
“We want to thank our staff for their hard work and professionalism throughout, and we apologise to clients for any disruption caused.
“The firm is cooperating fully with the administrators to ensure an orderly and responsible handover.”
It comes after Scotland’s oldest hotel entered administration last week amid “significant challenges” in the hospitality sector.
On August 11, Alistair McAlinden and James Dewar from Interpath were appointed joint administrators to Strathmore Hotels Limited, which owns the historic Salutation Hotel in Perth.
First Minister John Swinney, who is MSP for Perthshire North, encouraged everyone involved “to do everything possible to safeguard this important Perth business”.
He said in a statement at the time: “I am very concerned to hear that the owners of the Salutation Hotel have entered administration.
“The hotel is an important and historic part of Perth city centre, and my immediate thoughts are with the staff and their families who will understandably be worried by this news.
“I welcome the fact that the hotel continues to trade and it is my hope that a sustainable way forward can be found that protects jobs and secures the long-term future of the hotel.
“I will continue to follow developments closely and would encourage all those involved to do everything possible to safeguard this important Perth business.”
