Took the words out of my mouth. I work for a competitor and the...

Took the words out of my mouth. I work for a competitor and the insurers did indeed lobby the NSW Government to make sweeping legislative reforms to our green slip system which, if successful, could have heavily affected law firms working in the area. Incidentally, the push for these reforms in Aus has not gone away, merely been shelved for the time being.

Note the following:

- UK reforms by all accounts will not pass in current form;
- Legislative changes like these take years before their impacts actually reach the personal injury market. Claims that have already been made will be largely unaffected;
- The personal injury market in Australia - particularly car accidents in NSW - is still a gravy-train for plaintiff firms and will remain so for the foreseeable future.

It really only comes down to whether SGH remain afloat with their debt obligations arising from the Quindell acquisition. If they do, Lazarus will rise and walk - he may even run.