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It is quite sad to see that Jefferson Sheard have gone into administration.
I do feel very sorry indeed for the staff concerned but the current market is so hard to gauge at this time. One would have expected JSA to get through these challenging times. Staff are generally protected (and rightly so) from the day to day running of a business and cannot begin to comprehend the responsibilities and financial implications that directors have to deal with on a day to day basis but i totally agree that they should be treated in a fair and honest manner.
Should JSA be able to continue trading? Yes! Why not?
I know Tom Rhys Jones and enjoyed a few years at the practice, he has a lot of expertise and experience to offer. I suppose when things start to go wrong you have to look at your team. Some may question certain individuals around him and I suspect that this is more likely to be the source of the problem.

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