As I said Stuart Le Grand, Gerera Manager of Victoria and Shines most high Profile media performer left the company to start his own company with one other lawyer and a legal clerk. People have to accept like large companies like Slaters, Maurice Blackburn, Shine are the training colleges for lawyers in PI and the bright ones will always leave eventually as there is not enough room at the top of the pyramid. In the private system, the brightest are usually offered partnerships, or a large slice of the business for them to buy into, or earn in over a period of time to retain them, and there may be rules in the articles to make sure that the partnership system works. You can’t do that in a public company, the issuance of shares does not quite achieve that.
Probably the appointment of Cate Evans may have ended the career progression of another high flyer so they leave, and that high flier grabs a few on the way. happens everywhere.
SHJ Price at posting:
93.5¢ Sentiment: Buy Disclosure: Held
(20min delay)