The consolidation of the legal services profession is a growth opportunity for Slater and Gordon.
The decision by the British electorate to leave the European Union is likely to be negative for Slater and Gordon. The British pound has fallen sharply against foreign currencies, including the Australian dollar, depressing the value of Slater and Gordon’s U.K. operations. Slater and Gordon was already in a difficult position following its disastrous acquisition of Quindell's Professional Services division, or PSD, in early 2015, and the company reported a AUD 958 million loss after tax in the f...Slater & Gordon's principal activities are the operation of legal practices in Australia and the U.K. Co.'s services include: Personal Injury Law, which provides legal services in a range of personal injury areas including motor vehicle accidents, workers' compensation and civil liability law; General Law, which is made up of Personal Legal Services and Business and Specialised Litigation Services; Claims, which deals with the origination, assessment and resolution of personal injury claims with a focus on road traffic accidents; and Motor and Health Services, which provides motor vehicle accident management support and rehabilitation and medical reporting management solutions.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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