Home

Slater & Gordon Sees Double-Digit Net Profit Increase
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

Koala bear.Australia’s Slater & Gordon, the world’s first publicly traded law firm, reported a 22.4% increase in net profit for the six months leading up to December 31st 2008.

The 160-lawyer firm reported profits of $8.46 million, up from $6.9 million for the previous six-month period. S&G’s revenue increased 35% to $50.5 million over the same time frame.

The firm is looking at acquisition opportunities, and expects earnings to rise into the second half of 2009.

  
What
Where


S&G went public in Australia in May 2007. The IPO was the first for a law firm, after new legislation went into effect Down Under permitting the investment of non-lawyers. With a similar law to be enacted in the UK in 2011, S&G’s listing drew the interest of many British firms.

It’s highly unlikely that the US legal industry, governed by a hodgepodge of state laws and federal regulations, will adopt anything similar involving public ownership.

Slater & Gordon has acquired nine other firms within the past year, most recently scooping up the personal injury practice of Brisbane firm Carter Capner.

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!




Slater & Gordon, founded in Melbourne in 1935 by William Slater & Hugh Gordon, is an Australian plaintiff law firm employing over 600 people across Australia.





 

RELEVANT JOBS

Estate Planning & Administration Attorney

USA-CA-Newport Beach

Our firm is growing, and we are seeking a positive and compassionate full-time Associate Attorney wh...

Apply now

Law Firm Administrator

USA-CO-Denver

Sutton|Booker P.C. is a growing, boutique litigation firm in DTC seeking a well-organized, pro-activ...

Apply now

Wills, Trusts and Estates Paralegal

USA-FL-Spring Hill

Buck Law Group, P.A. is looking for a Wills, Trusts, and Estates Paralegal to join our positive and ...

Apply now

Paralegal

USA-OR-Eugene

At Our Children’s Trust, we are committed to providing an environment of mutual respect where ...

Apply now

BCG FEATURED JOB

Locations:

Keyword:



Search Now

Venture Capital Attorney

USA-CA-San Diego

San Diego office of a BCG Attorney Search Top Ranked Law Firm seeks corporate business attorney with...

Apply Now

Real Estate Attorney

USA-CA-San Diego

San Diego office of a BCG Attorney Search Top Ranked Law Firm seeks transactional real estate attorn...

Apply Now

Personal Injury Attorney

USA-NV-Las Vegas

Las Vegas office of our client is seeking a personal injury attorney with 4+ years of experience. Ca...

Apply Now

SEARCH IN ARCHIVE

To Top