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Sheffield law firm PM Law collapsed after SRA uncovered suspected fraud involving £39.5 million in client funds.
A Sheffield-based law firm collapsed in February 2026 after the Solicitors Regulation Authority (SRA) uncovered a suspected fraud involving the misuse of £39.5 million in client funds.
The firm, PM Law, entered voluntary liquidation, leaving thousands of clients facing disrupted property transactions and hundreds of staff unemployed.
As of April, the SRA has paid out nearly £10 million to affected claimants and is prioritizing urgent cases while investigating the alleged financial misconduct.
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El bufete de abogados de Sheffield PM Law se derrumbó después de que SRA descubriera un presunto fraude que involucraba £ 39.5 millones en fondos de clientes.