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Slater & Gordon chair to temporarily step down
Listed law firm Slater & Gordon has confirmed its chair will temporarily step down for the top role, effective next month.
Emma Musgrave
Slater & Gordon chair James MacKenzie will temporarily step down from 1 August to have treatment for a medical condition, a statement to the ASX board explained.
Earlier this year, the listed law firm reported a net profit after tax (NPAT) of $3.1 million and EBITDA before specified items of $18.8 million. The latter is up from 15.3 million on the prior corresponding period.
Meanwhile, revenue increased to $99.3 million, up from $89.2 million on the prior corresponding period. An improved net asset position of $167.8 million was also posted, up from $162.3 million on the six months to 30 June 2020, which it said comes down to “growth in WIP, a reduction in cash and receivables, and lower borrowing and lease liabilities”.
“The investment that we are making in our business, in innovation and in our people is delivering the growth evident in our results,” said Mr MacKenzie in delivering the firm’s presentation to investors in February.
“Pleasingly, despite the challenges of COVID-19, we have continued to progress matters on behalf of the thousands of Australians who need our help to access justice.
“I particularly want to thank our people, whose care, dedication and commitment to our clients and our values are core to our success and to ensuring our clients’ tomorrow starts today.
“We are especially pleased that we were able to achieve the results that we have reported today without JobKeeper support.”
Emma Musgrave
Emma Musgrave (née Ryan) is the managing editor, professional services at Momentum Media.
Emma has worked for Momentum Media since 2015, including five years spent as the editor of the company's legal brand - Lawyers Weekly. Throughout her time at Momentum, she has been responsible for breaking some of the biggest stories in corporate Australia. In addition, she has produced exclusive multimedia and event content related to the company's respective brands and audiences.
Prior to joining Momentum Media, Emma worked in breakfast radio, delivering news to the Central West region of NSW, before taking on a radio journalist role at Southern Cross Austereo, based in Townsville, North Queensland.
She holds a Bachelor of Communications (Journalism) degree from Charles Sturt University.
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