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The U.K.’s top 50 law firms have worryingly little cash on their balance sheets, according to a comprehensive analysis of limited liability partnership accounts by audit firm Smith & Williamson.

Paul Hodkinson

Paul Hodkinson is the Editor-In-Chief of Legal Week. Before joining the company in late 2018, he was the Deputy Editor and Comment Editor of Financial News, part of Dow Jones. He has also held roles as Acting Editor of Financial News and Editor of Private Equity News. It is his second stint at Legal Week, after he worked at the publication between 2002 and 2008.

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