Business of Law

World's 1st Public-Owned Law Firm Posts Another Big Profit

An Australia-based personal injury law firm that is listed on the Australian Stock Exchange has posted another big profit.

Slater & Gordon raked in roughly $112 million in revenue in 2009-2010, a 21 percent increase from the previous fiscal year, reports Legal Week.

Profit was up 16 percent, to about $15 million in United States dollars, at the current exchange rate.

Related coverage: (Aug. 2008): “Revenue Up 27% at World’s First Publicly Owned Law Firm” (Feb. 2009): “Dow is Down, But Stock of Aussie Law Firm is Up, Literally”

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