It was announced today (30th January) that Russell Jones and Walker, the national firm with an office on Prince Street in Bristol, is to join with and become part of Australian firm, Slater and Gordon, which caused a stir when it became the first Law firm to be listed on a Stock Exchange.
Subject to a license from the Solicitors Regulation Authority, the transaction should be finalised in April 2012.
Slater & Gordon was founded in Melbourne in 1935 and has been listed on the Australian Stock Exchange since 2007.
Clients should experience little immediate change as the RJW principals and senior management are committed to the long term strategy of the group and will remain in place for at least three years. All of the equity owners of RJW have taken a substantial proportion of the consideration as shares in the ASX listed Slater & Gordon demonstrating their confidence in and commitment to the group.