Slater and Gordon is a multinational law firm headquartered in Australia employing over 2,500 people worldwide. In 2007, Slater and Gordon became the first law firm in the world to go public. The firm is Australia's largest consumer law firm by total revenue. In 2012, Slater and Gordon entered the UK market with the acquisition of several UK based law firms, and has since become one of the UK's largest consumer law firms. In 2014 the firm was ranked as the 7th largest international law firm operating in the UK by revenue. In 2014, the firm's UK revenue exceeded £100 million for the first time, with a reported 119% increase on the previous year's turnover. The firm was founded in Melbourne, Victoria in 1935 by a barrister and solicitor from Irymple, Victoria, Hugh Lyons Gordon, and Labor politician Bill Slater.
On March 30, 2015, Slater & Gordon announced the acquisition of the professional services division of Quindell for £637m following three months of extensive bottom-up fundamental due diligence by Slater & Gordon, which was communicated to its investors as part of the compelling strategic rationale for the acquisition due to Slater & Gordon's deep UK market experience.
The transaction was funded through a mix of debt and equity, fully underwritten by Slater & Gordon's existing lenders and supported by shareholders. Slater & Gordon was assited by a full suite of financial accounting, tax, legal, property, regulatory, industry and IT advisors.
Slater & Gordon paid £637 million to buy the professional services division of a U.K. firm, Quindell Legal Services. Since then, the U.K.'s Financial Conduct Authority has required Quindell to restate a previously reported profit as a loss. Britain's Serious Fraud Office has launched an investigation.
Video Slater and Gordon Lawyers
Founders
Bill Slater
Bill Slater was born to parents of an Irish background in Wangaratta on 20 May 1890. When Slater was a child his father left the family, leaving his mother to raise him and his two siblings in Prahran. Slater attended Armadale State School but left to sell newspapers. An incident in which he was caught skinny dipping in the Yarra River led to a brief period of self-reflection. During this period, Slater chose to better himself and began reading vigorously at a public library in an attempt at self-education. His endeavour was successful and he was eventually hired as an office boy, later being employed as a clerk for Percy Park, a Mildura solicitor. After various misadventures, including an arrest for support of John Curtin, relocations to and from England and Australia, Slater entered partnership with Hugh Gordon--his brother in law--forming Slater & Gordon.
Hugh Gordon
Hugh Lyons Gordon, born to David Ferguson Gordon and Mary Gordon, was a barrister and solicitor from Irymple in country Victoria, who, in 1935, along with his brother-in-law, Bill Slater, founded the law firm Slater and Gordon.
In September 1941, during World War II whilst in Melbourne, Gordon enlisted in the Royal Australian Air Force. After training as an Observer, he became a Flying Officer (Navigator). He was sent to England where he was subsequently posted to 460 (Australian) Squadron who by this time were flying the Avro Lancaster bomber.
Gordon was killed on 15 June 1943 when the Lancaster he crewed was shot down by Luftwaffe flying ace Manfred Meurer. Two men escaped the crash to become POWs; the remaining five, including Gordon, are buried in Jonkerbos War Cemetery, Gelderland, Nijmegen, Netherlands. Gordon was 34 years old when he was killed, he was married to Elspeth Campbell Gordon, from Ulonga, New South Wales
Maps Slater and Gordon Lawyers
Legal representation
Over the years Slater and Gordon has handled some of the most complex and widely publicised cases in Australia. These include representing hundreds of asbestos miners at the Wittenoom mine in Western Australia. In 1994 and 2000, the company lodged writs in the Victorian Supreme Court against BHP on behalf of traditional owners in Papua New Guinea over the Ok Tedi Mine's environmental impacts on the Ok Tedi and Fly Rivers stemming from the abandonment of the Lukwi Tailings dam (after a major landslide on 7 January 1984). Other cases include representing victims of medically acquired HIV from contaminated blood supplies, and women suffering health problems due to faulty IUDs and breast implants.
In December 2005, the firm negotiated a settlement with James Hardie worth $4.5 billion on behalf of unions and people suffering from asbestosis, mesothelioma and other asbestos-related diseases as a result of exposure to asbestos while working for the company.
Slater & Gordon UK
Slater & Gordon entered the UK market in 2012 with the acquisition of UK law firm Russell Jones and Walker. The firm has completed further acquisitions of a number of other law firms within the UK to become one of the largest personal injury law firms based in the UK. The acquisitions have included: Fentons, Goodmans Law, Taylor Vinters, John Pickering and Partners, Pannone and most recently, Leo Abse & Cohen and Walker Smith Way. The UK based practice areas can be divided into two distinct categories: personal legal services and business legal services. The largest practice areas in the personal legal services division includes personal injury, clinical and medical negligence, employment, and family law litigation. The business legal services division includes regulatory law and defence, employment and general business advisory. Additionally, the firm represents the Police Federation of England and Wales. It also has a number of specialist practice groups including media, libel and privacy. The firm is the largest provider of family law services in the UK. It also has a 14% share of the personal injury and clinical negligence market, making it the leader in its field by some margin.
Slater & Gordon Australia
The firm remains the largest consumer law firm in Australia. It has maintained its position with the acquisition of numerous other firms including: Reid & Reid Solicitors, Maurice May Lawyers, Gary Robb & Associates, Geoffrey Edwards & Co, Paul Keady & Associates, Blessington Judd and Richards Lawyers in 2003. More recently Slater & Gordon has merged with D'Arcys Solicitors, McClellands Lawyers, Secombs Solicitors, John Micallef & Co, McGlades Personal Injury Law, Long Howland Lawyers, Kenyons Lawyers, Stewart & Noble Lawyers, Adams Leyland Lawyers, Conveyancing Works (Queensland), Bussoletti (Wollongong), Trilby Misso Lawyers & Keddies Lawyers.
In May 2007 Slater and Gordon became one of the first law firms in the world to go public when it was floated on the Australian Securities Exchange.
The board of directors at Slater and Gordon Limited comprises: non-executive director Erica Lane, managing director Andrew Grech, executive director Ken Fowlie and non-executive director Ian Court. Trading in the company's shares was suspended during the last week of February 2016 pending the announcement of financial results revealing losses of approximately AU$1 billion, though a large part of the loss related to the writing down of Quindell assets, the company is making trading losses in both the UK and Australia.
Notable past employees
- Julia Gillard, the 27th Prime Minister of Australia was an industrial lawyer from 1986 to 1995 and became a partner.
- Jonathan Rothfield, a former managing partner (he became a partner in 1971) who saved the firm from financial ruin at a time of crisis for the business. On 24 December 1985, Rothfield assumed sole ownership of Slater and Gordon when the firm was on the verge of collapse, and for a four-year period worked and succeeded in stabilising the firm and returned it to profit. Rothfield personally bore much of the financial burden to keep the business afloat, even mortgaging his own home. Former Prime Minister, Julia Gillard, commented on Rothfield in an interview when she said, "I also learnt a great deal from Jonathan Rothfield who was the sole owner of Slater and Gordon. He's a man who is very hard-working and a very ordered thinker".
- Peter Gordon, current president of the Western Bulldogs in the Australian Football League.
- Adam Bandt, the first Australian Greens MP elected to the House of Representatives at a general election and the party's deputy leader was a solicitor and partner with the firm from 1997 to 2008.
- Rob Stary, criminal defence lawyer, known for defending Julian Assange and Jack Thomas
References
Further reading
- Michael Cannon, That Disreputable Firm: the Inside Story of Slater & Gordon, Melbourne University Press, Carlton South Victoria ISBN 0-522-84787-0
Source of the article : Wikipedia
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