Legal Business

The £637m bet – Slater & Gordon on its daring play in UK’s personal injury market

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Michael West talks to the Australian PI giant about its eventful Quindell acquisition

After over three months of intensive due diligence that saw Slater & Gordon (S&G) reconstruct the accounts of Quindell’s Professional Services Division (PSD) following accusations of dubious accounting, both sides agreed a £637m deal, which is expected to close this month, that will see S&G acquire the division and bolster its share of the UK’s highly competitive £2.5bn personal injury (PI) market.