This week Slater & Gordon (S&G) has released its annual report for 2015/16 which discloses that since its restructuring, the firm has reduced headcount in its UK business by 16% with 640 redundancies.
We reported in edition 135 of BC Disease News on S&G’s UK restructure plan which involved major city centre offices being consolidated in order to create three principal divisions of fast-track personal injury claims, serious and specialised personal injury law and general law. The annual report states that the strategic priorities of S&G are now ‘building market share and improving operating leverage in the serious and specialist practicing division and growing market share and scale in selected areas of general law’.
This restructuring is set to be completed by the first quarter of 2017 but the report was silent on how this would affect staff numbers.
The full annual report can be found here.