Historic London Law Firm, Ince Group, Succumbs to Cash Flow Pressures and Set to Enter Administration
The Ince Group, a historic law firm that was once the largest listed law firm in London, is set to enter administration after failing to publish its financial results for the year ended 31 March 2022. The prolonged auditing process, due to unresolved accounting issues in Hong Kong, has put increasing pressure on the firm’s cash flows, forcing the board to make the difficult decision to place the company in administration.