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Listed Australian firm Slater and Gordon has reduced headcount by around 16% in the UK as it continues with its reorganisation, the company revealed today. The firm’s annual report, posted on the Australian stock exchange this morning, confirmed it has 3,310 employees in this country across 25 locations, compared with 3,950 people employed at 28 locations at this point last year.Slater and Gordon is in the midst of a major restructure of the business and has confirmed that office closures and reorganisations will be completed by the first quarter of 2017.But the company has been reluctant to say how staff numbers will be affected by the changes. Today’s report is the first notification of the scale of the reduction in posts.A spokeswoman for the firm said it had reduced numbers where there are duplicated roles in the business, but she stressed Slater and Gordon is hiring in areas such as family, serious injuries and business legal services.The UK reorganisation was announced after a year in which the group reported net losses of more than A$1bn (around £600m) and underperformance in the UK, particularly in relation to personal injury and noise-induced hearing loss claims.The annual report for the year ending June 2016 reveals that the value of work in progress decreased by A$89.2m (£53m), of which just under half is due to a decline in case volumes in the Australian and UK practices and the resolution of acquired work.From next year the company, which purports to be the biggest consumer law firm in the country, will operate three specialised legal services divisions across the UK.‘In the UK, performance in the first half of FY16 was significantly below expectations and a performance improvement programme was commenced,’ said group chair John Skippen.‘This has involved ceasing operations in some locations and resizing the workforce. This component of the performance improvement programme will be substantially completed by early 2017.’In 2015, the personal injury business Slater Gordon Solutions, which took on the acquired professional services division of Quindell, accounted for 6% of the group’s A$627.3m (£375m) income. That proportion has jumped to 50% of the group’s A$908m (£543m) turnover for 2016.The Australian element of the business accounted for half the group’s turnover in 2016: today it accounts for 26%.The company says its UK business has established a £300m annual turnover, which would place it comfortably in the top 20 firms in the country on revenue alone.Total benefits paid to non-executive directors increased from around £282,000 to £434,000. Skippen’s total fees and benefits rose around 50% to £144,000.The report notes that fees were increased in July 2015 to reflect the ‘additional workload and complexity arising from the SGS acquisition’.The full-year remuneration for managing director Andrew Grech fell slightly from £393,000 to £381,000. The report shows Grech holds 40,000 shares in the company, which fell in intrinsic value from £85,000 in June 2015 to around £9,000 in June 2016.
Related Topics2019 Browns Training Camp2019 Cleveland BrownsAlonzo HighsmithAntonio CallawayDamon Sheehy-Guiseppifeatured Spencer German Before Thursday, most Browns fans couldn’t have even told you who Damon Sheehy Guiseppi was.Three days after returning a punt 86 yards for a touchdown in the Browns preseason opener, he’s the training camp darling. But it’s not just that one play that’s made him the most talked about guy in Cleveland for the week. It’s how he got here.As the story goes, Sheehy-Guiseppi’s learned about a workout in Miami from a friend he played flag football with out in Arizona and promptly packed his bags for South Beach. There was a bigger hurdle than the more than 2,000-mile journey standing in Sheeyhy-Guiseppi’s way though; the workout was invite-only.With no guarantee of even getting in, the 24-year-old did some research discovered that Browns vice president of player personnel Alonzo Highsmith would be there, introduced himself and quite literally talked his way into a workout. After impressing Highsmith with a lightning-fast 4.38-forty time, he earned himself another workout, this time with an actual NFL team: the Cleveland Browns.The tryout was still several weeks away though and with little money to his name, Sheehy-Guiseppi used what cash he had left to pay to train at a local facility owned by NFL combine trainer Pete Bommarito. He slept on the grass with his two bags outside of the facility at night, charged his phone at a laundromat, showered at another local gym and ate minimal meals each day.For the former Phoenix College returner it was all worth it just to earn this atom-sized shot at chasing his NFL dream.So far he’s made the most of it. After nailing his workout, the speedy returner signed a three-year deal with the Browns. And his punt return on Thursday night has officially put him on the map. Sheehy-Guiseppi’s story is the definition of hard work pays off. But like money in his contract, nothing is guaranteed.That’s just life in the NFL. It’s a performance-based business and you need more than an inspiring story and a memorable preseason punt return to survive roster cut down day at the end of the month.Still, there may be a path to making the 53-man roster for Sheehy-Guiseppi; starting with the fact that the Browns haven’t had a dangerous returner since Josh Cribbs last dawned the Brown and Orange in 2012. There’s no question Sheehy-Guiseppi can be that on this team, but he’s going to have to prove it throughout the remainder of the preseason. That’s first and foremost.Then there’s the Antonio Callaway situation. News of Callaway’s four-game suspension, which came down Friday, may have just opened the door for Sheehy-Guiseppi. Think of it as one man’s misfortune is another man’s opportunity — or at least it could be.No, the Browns aren’t going to move on from Callaway. Based on Freddie Kitchens’ remarks on Friday, the 2019 fourth-round pick remains in their good graces. That said, Callaway enters the season as one of the Browns top candidates to return kicks. In fact, he was listed as the team’s primary punt returner on their first “unofficial” depth chart and one of two kickoff returners alongside Dontrell Hillard.With Callaway now set to miss the first four games of the season though, there is at least a temporary job opening. On August 31, the Browns will have to reduce the roster to 53 players and Callaway won’t count as part of the active roster.That four-week window without Callaway may be the perfect storm for Sheehy-Guiseppi to make this team, even for a temporary stint. Beyond that four weeks there’s no guarantee he won’t become a roster casualty once Callaway returns – he’ll likely have to prove he has value as more than a returner to retain a roster spot long-term. But at the very least it could buy Sheehy-Guiseppi four more weeks to prove that or audition for another team.Even with Callaway’s suspension to consider, this is all still a long shot. Sheeyhy-Guiseppi is ___ on the roster bubble at this point and if cuts were made today he’d more than likely be on the outside looking in. Lucky for him, defying the odds is nothing new; he’s literally defied the odds just to get here.There’s no sign of Sheehy-Guiseppi letting up. He continues to be the last player off the field after practice and with three weeks remaining in the preseason, he’s got plenty of time to prove he deserves one of those coveted 53 spots on the roster. We’ll see if his made for Hollywood story continues come Aug. 31.