Do you trust lawyers? The current concept that there's profit in law firms is seriously questionable. High salaries have to be paid to them, will they work hard for shareholders? No they pocket the money, there's no incentive.
The entire business model just doesn't add up. Buying personal injury practices for high prices, and then expecting former principals to work hard for share holders is an absolute con. They take the high salary and put their feet up.
This house of cards was doomed from day one, and I think there are much safer investments. Go the China theme, buy shares connected to China. Don't let the lawyers take you down.
SGH Price at posting:
61.5¢ Sentiment: Sell Disclosure: Not Held