Quarter of new law firms don't make it past five years, research finds

Two in five construction firms close within five years - Credit Connect

New research by Witan Solicitors, has analysed data from Companies House to determine the number of construction firms incorporated between January 2021 and December 2025 and compared this to the number that have since entered administration, liquidation, or been dissolved. The data found that in the past five years, two in five (41.6%) of newly incorporated construction companies have gone into administration, liquidation, or have now dissolved…

Quarter of new law firms don't make it past five years, research finds

Quarter of new law firms don't make it past five years, research finds: An analysis of Companies House data has revealed a quarter of new businesses in the legal services sector fail to make it past their first five years.