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I imagine that BDO are having a total nightmare unravelling the tangled web left by the previous management and their financial smoke and mirrors designed to hide the obvious fact that combining many failed law firms creates one giant failed law firm.

You, Ince, and a bucket of sh*te - in any case.

Actually that's now 5 (FIVE) partners who left the London office at the turn of the year. In addition to the many others who quit in 2022.

Last one out turn off the lights.

Two more key London partner departures announced in the past month. It's pretty obvious where this firm is heading but I don't expect you lot to pay any attention to such details. Onwards and upwards in 2023 eh chaps? Outstanding.

None of the four "restructuring" partners at Ince are insolvency specialists. They're transactional lawyers. Read their bios. That means that Ince actually are not in a position to profit significantly from insolvencies.

Understand a company that you invest in.

No it's not. Look at their website, it doesn't even have an insolvency or restructuring page.

Understand a company that you invest in. LOL!!!!

Ince does not specialise in insolvency - except its own.

Onwards and upwards guys. LOL.

Where, indeed, is erratum? Erratum by name.....

I stand by my stated concerns about the high level of partner departures at Ince which erratum tried to fob off with some chaff about junior hires in Dubai. No law firm can survive an exodus of its core breadwinners, no matter how much market smoke-and-mirrors jiggery-pokery it deploys. Buy all the cheap stock you like, it will never be worth more.

That's not correct. Those legacy Ince partners who stayed were all appointed to the LLP on 31 December 2018, at the time of the liquidation, as is clearly shown on Companies House. The 34 are all people who have quit Ince/Gordon Dadds under the current management. Those are the facts.

No, I mean partners. Ince in the UK is made up of various Limited Liability Partnerships. Ince Gordon Dadds AP LLP , for example, has been 35 of 84 partners resign.

A law firm's revenue is generated by its partners, and Ince has seen a number of significant partner departures in recent months (all on Companies House, for the doubters). As an investor I would be asking how Ince are going to replace, let alone increase, the lost revenue, with the business model they have.