Legal Business

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

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.