Tods Murray chief slams insolvency rumours

Tods Murray executive partner David Dunsire (pictured) has publicly defended his firm in a letter to a Sunday newspaper in an unprecedented attempt to scotch damaging rumours about the legal industry, and his firm in ­particular.

Tods Murray executive partner David Dunsire (pictured) has publicly defended his firm in a letter to a Sunday newspaper in an unprecedented attempt to scotch damaging rumours about the legal industry, and his firm in ­particular.

Dunsire said he wrote the letter after receiving countless enquiries from staff and clients about rumours that the firm was in financial difficulty and on the verge of going into administration.

Dunsire wrote: “We’ve heard that we’re on our bank’s ‘at risk’ register, that partners have refused to inject more cash into the firm and that we are, indeed, about to go into administration. All of this is totally untrue.”

Dunsire told The Lawyer that although 17 staff have been laid off and partners injected capital in January, the firm is financially secure.