Dont be daft. Cameron and his cronies are Maggie Thatcher's offspring. It is well known that the closed shop of the legal profession got right up Maggie's nose because it cost too much.
When I was investment banker the fees from corp fin or setting up tax efficient leasing subsidiaries were always in unnesessarily high rip off territory. Nothing has changed much. 98% of the UK population will stand and applaud when
process efficiency mores are introduced by SGH in the UK. The Tories know it and businesses and the public want it.
In time I expect a large listed entity to introduce business and process efficiency into the prima donna dominated legal profession in the UK. Guess what? SGH and its doings will be a breath of fresh air.
I know you are a fan of SGH as an investment. One of the reasons I am a fan is because business and process efficiencies can slice eventually 20% off the cost of Legal input of doing business, dying. moving house. . SGH can help end the racket. The potential once they get going is incredible and will take time. Give it 10 years and I might buy Taz.
Go and read Bleak House by C Dickens. Lawyers "Jarndyce and Jarndyce " .......SGH can change that.
A kings ransom of inheritance £'s was sneeked into a charitable trust ( new charity set up by lawyers) by lawyers 35 yrs ago in my family. Family does not even know if she was compus mentus at the time. Life is too short for dwelling thereupon but the lawyers have been "managing" the assets and charging huge fees for 35 years. Public listed lawyers are less likley to employ dodgy tactics . SGH will be very welcome in UK.
Mel
SGH Price at posting:
21.5¢ Sentiment: Hold Disclosure: Held
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