Slater & Gordon puts 51 jobs and two offices in firing line

Slater & Gordon could make 51 fee-earners and staff redundant following a consultation over the closure of its Derby office and former Fentons base in Failsworth, Manchester.

A total of 37 staff in Failsworth and 14 in Derby are affected by the consultation.

The news follows profit warnings for the Australian-listed firm, which said in December that its UK operations were not trading as expected.

A spokesperson for the firm said: “As part of a review of our property portfolio Slater & Gordon has begun assessing the feasibility of closing two of our offices, Failsworth and Derby.

“During this process we will work closely with all staff who will be impacted if a decision is made not to renew our lease on the site.

“All staff affected have been made aware there is the possibility of redundancy. Understandably, this can be unsettling for staff, but we will, where possible, help individuals find other opportunities within the Slater & Gordon group.

“As always, our commitment is to ensure that our clients are not impacted during this process and we will ensure that they continue to receive the world class legal services they would expect from us.”

The firm acquired the Failsworth office in 2013 when it bolted on personal injury practice Fentons.

Slater & Gordon has been under intense scrutiny since last year as a result of its acquisition of Quindell’s professional services arm in March. The Serious Fraud Office is currently investigating the latter’s historical accounting practices.

The firm is currently trading at A$0.70 per share, down from a high of A$8.07 in April last year but up from its 52-week low of A$0.54 a week ago.