Categories:Scotland

Rescued Semple Fraser trainees face mixed fortunes

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  • What about those trainees who were due to start at Semple Fraser last year but were deferred until Sept this year?

    And what about the same trainees who received traineeship offers from Semple Fraser in 2011 and 2012 who now find themselves having to get back into the dog-eat-dog traineeship hunt (but at a huge disadvantage)?

    Obviously nobody benefits when a law firm goes bust, but future trainees are often forgotten about.

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  • Your formidable journalistic skills would be better spent analysing how this situation came about/ why a once-successful firm ended up in insolvency/ the contrasting fates of the partners compared to the rest of the firm. That would be more interesting than tittle-tattle and gossip about the retention prospects of the unfortunate trainees who are, sadly for them, at the mercy of events.

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  • I don't quite see how the comment by Concerned is "tittle tattle and gossip". Go on then, Anonymous, use your own "formidable journalistic skills" to tell us in fine analytical detail how this situation came about...

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  • At what point did the Members realise the LLP was insolvent? Did they at that point advise creditors? Does the deal done reflect true value for the creditors? At what point in the overall timeline were the Members negotiating their exit and looking to manage clients across?

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