Wednesday, May 23, 2007

 

"First" of the Day

Australian class action law firm Slater & Gordon was listed on the Australian Stock Exchange on Monday, making it the first law firm in the world to go public. —Alexia Garamfalvi writing in "In a First, Law Firm Goes Public"

The managing director of the firm, fresh from making a killing after the stock went public, held a most Panglossian view of the proceedings: "Everyone profits from the law."

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