Slater & Gordon
Australian law firm / From Wikipedia, the free encyclopedia
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Slater & Gordon Lawyers is a law firm in Australia. 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. Since April 2023, the law firm has been owned by private equity firm Allegro Funds.[1]
Founded | 1935 |
---|---|
Founder | Bill Slater and Hugh Gordon |
Headquarters | Melbourne, Australia |
Number of locations | Over 40 offices in Australia. |
Key people | Chair and non-executive director James MacKenzie CEO John Somerville (Australia) |
Parent | Allegro Funds (2023-present) |
Website | www.slatergordon.com.au www.slatergordon.co.uk |
The firm is one of Australia's largest consumer law firms, and in May 2007 the firm incorporated and was one of the first law firms in the world to go public when its shares were quoted on the Australian Securities Exchange. In 2012, Slater & Gordon entered the UK market with the acquisition of several UK based law firms, and became one of the UK's largest consumer law firms.[2] In 2014 the firm was ranked as the 7th largest international law firm operating in the UK by revenue.[3]
In December 2017, Slater & Gordon's lenders and shareholders approved a recapitalisation of the company via a Scheme of Arrangement. The recapitalisation involved a significant reduction of the Company's secured debt, the UK operations and subsidiaries being separated from its Australian operations, such that the Company no longer owns the UK operations and the issuance of new shares to the Company's senior lender group representing 95% of the Company's issued capital.
In early 2023, Australia-based private equity firm Allegro Funds implemented an off-market bid to acquire Slater & Gordon, and completed the acquisition in April 2023, after which it ceased trading.[1]