Source · Select Committees · Justice Committee

Recommendation 8

8 Paragraph: 27

The furlough scheme has been very useful, with both solicitors’ firms and barristers’ chambers using...

Conclusion
The furlough scheme has been very useful, with both solicitors’ firms and barristers’ chambers using it to reduce staff costs. We heard that the loan schemes were less helpful, particularly for small high street firms.
Paragraph Reference: 27
Government Response Not Addressed
HM Government Not Addressed
In response to the pandemic, the Government announced an unprecedented package of support measures to assist those impacted by Coronavirus. Legal practitioners and firms have been able to access support from the Self-Employed Income Support Scheme (SEISS), the Coronavirus Job Retention Scheme, the Coronavirus Business Interruption Loan Scheme (CBILS) and the Bounce Back Loan Scheme.