Russell Jones & Walker (RJW) has become the latest firm to be licensed as an alternative business structure (ABS) by the Solicitors Regulation Authority (SRA), with the approval allowing Australia’s Slater & Gordon to go ahead with its £53.8m acquisition of the UK personal injury specialist firm.
The deal will see the 80-year-old UK law firm, which has 10 offices and 400 staff, come under the ownership of Slater & Gordon, the first publicly-listed Australian law firm. It also includes RJW’s consumer brand Claims Direct.
