Slater & Gordon's General Counsel, Moana Weir, has quit the firm after less than two months in the job. Which is about enough time to have an induction, meet other staff, learn how to use the IT and then leave again.
Weir had joined the battered P&I firm on 29 January this year, but S&G announced that her resignation was immediately effective on 24th March. The firm added that it would fill the GC role with an external advisor "while re-assessing its businessviability needs". Weir had also held the post of company secretary, and so S&G has scrambled to appoint the current Chief Financial Officer, Bruce Houghton, to fill that role.
Things are not looking rosy at the firm, as it has faced recent lay-offs, probes into the business, the share price falling through the floor, huge losses, and panicking staff. It has even got its strategy wrong in trying to attract new clients. This week, the firm's share price dropped to a record low of 25 cents.
And there are other problems in the office, as a Slater & Gordon staff member told RollOnFriday that water was recently cascading through one of the ceilings of the Manchester office because "the dishwasher on the floor above had been plumbed in incorrectly". Which may have been the firm's attempt at imitating Irwin Mitchell, or a sinking ship. And as a further cry for help, RollOnFriday's source said that the aircon has been on "height of Australian summer" settings in the office, resulting in her wearing "fingerless gloves" so that she could still type, and forcing other staff to wear winter jackets.
Otherwise, all seems to be going well.
* A RollOnFriday reconstruction
Tip Off ROF
Weir had joined the battered P&I firm on 29 January this year, but S&G announced that her resignation was immediately effective on 24th March. The firm added that it would fill the GC role with an external advisor "while re-assessing its business
Weir's welcome and leaving party * |
Things are not looking rosy at the firm, as it has faced recent lay-offs, probes into the business, the share price falling through the floor, huge losses, and panicking staff. It has even got its strategy wrong in trying to attract new clients. This week, the firm's share price dropped to a record low of 25 cents.
And there are other problems in the office, as a Slater & Gordon staff member told RollOnFriday that water was recently cascading through one of the ceilings of the Manchester office because "the dishwasher on the floor above had been plumbed in incorrectly". Which may have been the firm's attempt at imitating Irwin Mitchell, or a sinking ship. And as a further cry for help, RollOnFriday's source said that the aircon has been on "height of Australian summer" settings in the office, resulting in her wearing "fingerless gloves" so that she could still type, and forcing other staff to wear winter jackets.
Otherwise, all seems to be going well.
* A RollOnFriday reconstruction
Comments
293
331
271
332
313
295
Z > 2.99 -“Safe” Zone
1.81 < Z < 2.99 -“Gray” Zone
Z < 1.81 -“Distress” Zone
Slater and Gordon's current score is 3.1
293
309