SGH 0.00% 54.5¢ slater & gordon limited

titanic replay, page-7

  1. 25 Posts.
    Let me tell u the answer. It was a partnership, partners shared the profits. Now the partners get paid massive salaries instead. What's changed is there are shareholders, but there's no profit because legal talent only works for high salary. Lawyers don't make goods, they sell time. But it's a high overhead business, profitability must be marginal.
 
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