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clock Created with Sketch. 15/10/15
19:19
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Originally posted by Copter
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Certainly interesting to get a uk accountants perspective. I am a retired Civil Contractor, the core skill in that game is managing risk. I often reflect on those that on seeing risk think that no matter would the outcome it's not worth the risk. Slater and Gordon's model is about managing risk. They are happy to accept the risk of failure and exchange for greater fees. This has tipped the legal universe on its head. I have read the psd capital raise disclosure presentation. It's not an overly difficult business to understand . The rta claims are easierly measure and calibrate, they observed the business for months. What is less clear is the nhil claims 55000 cases to be resolved. But even there Sgh has had more success off a much smaller portfolio. It would seem those resources will be deployed over time to rta cases which have cycling higher as per presentation.
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Good post Copter ( and funny!). Regarding S&G having some success in NIHL, it's also worth noting S&G acquired Leo Abse and Cohen this year, they specialise in NIHL cases.
