Slater and Gordon says ‘majority’ of UK sites will stay open

Topics: Alternative business structures,Law firm & practice management

  • Print
  • Share
  • Comments (15)
  • Save

Related images

  • Slater and gordon manc

Embattled Australian firm Slater and Gordon has stated that the majority of its 27 offices across the UK will stay open even after a cost-saving reorganisation of the business is complete.

The company, which employs around 3,800 people in England and Wales, and Scotland, this week outlined plans to operate centres of excellence in fast-track personal injury, specialist personal injury and general law services.


Details have yet to emerge about what form the new organisation will take and how many staff are affected, but Slater today sought to reassure staff about the scale of changes.

‘Under the reorganisation plan, the majority of our sites will remain open,’ said a spokesman. ‘Where sites are impacted, because the site may be closed or certain practice areas will be impacted, there will be a staged consultation process across the UK.’

Discussions are now starting with all employees at sites that are staying open and may be earmarked for closure.

Where appropriate the firm has said it will ‘help transition’ affected staff to new roles within Slater and Gordon.

The decision follows massive losses during the second half of 2015: the company this week posted a net loss after tax of £492.5m across Australia and the UK.

There has been speculation in the Australian media that the firm will be under pressure to settle cases quickly, with the company required to update on its financial status to lenders by the end of April, with the lenders having the option to call in their loans by next March.

Slater and Gordon has not commented directly on these suggestions, but the firm has insisted the proposed changes will ultimately deliver benefits to clients throughout the UK.

The spokesman added: ‘The reorganisation will not impact on either our service to existing clients nor our ability to service future clients throughout the UK. Consideration has been given to ensure that client claims or legal services are not impacted.’

The Solicitors Regulation Authority has confirmed it is in ‘very regular’ contact with the firm, although a spokesman said this level of interest is routine with the biggest law firms.

The organisation did not comment on speculation about quick settlement of claims, but a spokesman added: ‘Those we regulate have a duty to act in the best interests of clients, protect client money and assets, act with integrity and not allow their independence to be compromised.’

In terms of its share price, the company enjoyed an upturn in fortunes today as the value increased 27% to A$0.33 (17p).

Slater and Gordon faces two potential class actions on behalf of shareholders who have seen the value of their investment fall 95% in the last year.

One of the firms investigating the action, Sydney-based ACA Lawyers, has announced it has secured financial backing from listed Australian funder Justkapital Litigation Finance and London-based Woodsford Litigation Funding.

A spokesman for ACA Lawyers said it has been ‘inundated’ with aggrieved investors who purchased shares between April and December 2015.

Readers' comments (15)

  • As Lance Corporal Jones would say, "DON'T PANIC"!

    Unsuitable or offensive? Report this comment

  • I bet they we cannot simply walk away from a commercial lease and how many of those will S&G be party to ?

    You might be able to shed some staff, but then the service goes.

    Can you and do you want to negotiate with HMRC if there are o/s tax liabilities.

    Pre-Pack anyone ?

    Unsuitable or offensive? Report this comment

  • "I wouldn't want to belong to a club which would have me as a member", springs to mind.

    Unsuitable or offensive? Report this comment

  • I am sure there was an Autumn Statement about PI Fast Track work becoming none profitable.

    Why not operate centres of excellence in Unicorn repairs ?? Both ideas are about the same business wise !

    Unsuitable or offensive? Report this comment

  • Feels like empty promises by S&G... Of course it is going to affect service levels and confidence of their customers.

    Last one out turn off the lights....

    Unsuitable or offensive? Report this comment

  • I assume this means the uncertainty goes on for the staff, for whom I have the utmost sympathy at what must be an incredibly difficult time.

    Unsuitable or offensive? Report this comment

  • "Well they would say that wouldn't they........."

    Unsuitable or offensive? Report this comment

  • Any company that uses '+' instead of 'and' or '&' in its name is all fur coat and no knickers as my granny might have said. Very wise, my granny.

    Unsuitable or offensive? Report this comment

  • As my granny might have said: All fur coat and no knickers - when a company resorts to '+' in its branding instead of 'and' or '&' it's probably time to worry.

    Very wise my granny.

    Unsuitable or offensive? Report this comment

  • The SRA is in "very regular contact" with S&G and "this level of interest is routine with large firms". And apart from that, everything is hunky-dory, folks. No mention of whatever "regular contact" there was with S&G at the time it was in negotiations with Quindell to buy its Professional Services Division and whether this was such a brilliant idea ; no mention of any scrutiny of WIP in either organisation at the time ; no mention of any contingency plans for staff or clients in the event of a large firm failure or if S&G has its funding removed by the banks at the end of the month. It's almost as if S&G was untouched by any regulatory oversight in recent years. Perhaps the SRA was too busy hammering small firms into the ground and decimating the high street legal profession to worry about anything else.

    Unsuitable or offensive? Report this comment

View results 10per page20per page

Have your say

You must sign in to make a comment

  • Print
  • Share
  • Comments (15)
  • Save


Sign up for email news alerts

Daily Update. Keep abreast of the latest developments that affect the profession


SELLING? MERGING? VALUING? Acquiring? Free information from 01494 483728. or

SOLICITORS FIRM WANTED Sole Practitioner looking to retire or looking for business succession options. Please contact 07919 348734.

Browse the magazine

Current Issue

The Gazette offers you up-to-the-minute national and international news, opinion, features, in-depth articles plus a jobs and appointments section.

Please click the link below for a digital edition