Business of Law
World’s 1st Public-Owned Law Firm Posts Another Big Profit
Posted Aug 19, 2010 4:56 PM CST
By Martha Neil
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.
ABAJournal.com (Aug. 2008): "Revenue Up 27% at World’s First Publicly Owned Law Firm"
ABAJournal.com (Feb. 2009): "Dow is Down, But Stock of Aussie Law Firm is Up, Literally"