Thirty jobs go as legal firm with two Kent offices collapses
by David Jones
Thirty staff have lost their jobs following the collapse of
a legal firm with two offices in Kent.
Kaslers had a team of lawyers working from offices at Kings Hill
and Snodland, as well as an office in Canada Square, Canary
The practice entered administration on August 31, blaming the
tough economic climate.
All three Kaslers' offices have now closed.
Joint administrator Charles Turner said: "Regrettably the 30
employees were made redundant. However, as a result of the
arrangements made with clients and staff most employees have
already found new employment with other legal firms in the
A statement on Kaslers website says: "We regret to announce
that, following nearly five years of recession
(since Northern Rock in September 2007, Lehman Bros,
September 2008, the double dip recession, a quiet Olympic summer,
now possibly a triple dip) with the current economic outlook
and prospect of rises in professional indemnity insurance
premiums; Kaslers Solicitors LLP have decided that it is not
viable to continue the firm.
"We are currently working with staff and active clients to
transfer files and client monies to other firms of solicitors."
Mr Turner and Gareth Morris, of specialist recovery,
restructuring and insolvency firm FRP Advisory, have been appointed
Mr Turner said: "Upon our initial introduction it was apparent
that the firm was no longer in a position to continue to trade
following the withdrawal of a significant contract for the
provision of personal injury claim services.
"Our upmost focus has been to act in the interests of the
clients as well as all creditors. With a view to this we assisted
with a short trading period – to facilitate the transfer of clients
and fee earners to other legal firms."
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