Slater & Gordon has announced that it will:
Downsize the general law business, by winding down or divesting the practice areas of Succession, Criminal, and Family Law to focus on Personal Injury, Class Actions and the Industrial/Union practice.
Retain a smaller commercial litigation practice.
Expand Union Services to maintain a criminal services offering and free wills for our union clients as part of our strong commitment to the Australian Trade union movement.
Continue to focus on improving the Firm’s service delivery.
In addition, Slater & Gordon has announced that current CEO, Hayden Stephens has decided to leave the company.
Slater and Gordon will appoint John Somerville as its new CEO effective immediately.
Mr Stephens will remain on the Board as a non-executive director and will stay on to support Mr Somerville through a transition period.
The Company’s Chairman, James MacKenzie said:
“Hayden has made an enormous contribution in guiding the firm these last few years and, as was recently noted on his 25th anniversary at the firm, he has enjoyed a diverse and exceptional legal career at Slater and Gordon, having achieved many successes.
“We respect Hayden’s decision to leave the firm and want to thank him for his commitment to the Company and indeed for his strong leadership in what has been an unstable time in these last years. Without his leadership, and the support of Anchorage Capital Group, I don’t believe we would be in the strong position we are today.
“I want to congratulate Hayden on a stellar legal career to date and wish him all the best in his future endeavors.”
Mr MacKenzie said he was delighted that Mr Somerville had accepted the appointment as the Company’s new CEO. Mr MacKenzie said:
“John is a passionate leader with a history of building and leading successful teams that deliver strong business outcomes, most recently as the National Managing Partner (Advisory) KPMG Australia. Over the last 25 years, he has developed a career combining consulting to some of Australia’s largest corporations and governments with growing and leading advisory businesses within KPMG.”
The Company also announced in late 2017 that Elana Rubin and Jacqui Walters will join the Board in early 2018. Their appointments will take effect in late February.
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