Login
Shine Lawyers sells Emanate Legal Services
Shine Justice, otherwise known as Shine Lawyers, has entered into a share sale agreement, whereby Emanate Legal will be sold to an SME firm.
Lauren Croft
Shine has agreed to sell Emanate Legal Services, which it acquired in 2014, to Strand Legal Services, which is controlled by the principal of Emanate, Barry Taylor.
“The sale of Emanate is consistent with the growth strategy of direction of the Shine Justice Group,” Shine stated.
“As previously announced, we are pursuing organic and acquisition growth opportunities that meet our investment criteria and anticipate strong growth in several of our practice areas, including personal injuries, class actions, abuse law and medical law.”
According to the firm website, Emanate “endeavours to develop and maintain long-term relationships with clients so that we become integrated with their business.
“An intimate knowledge of your situation allows us to take a proactive approach, helping you to add value to your product or service, expand your business and ultimately increase your profitability,” it stated.
The sale will enable Shine to recover its investment in Emanate, subject to a collection of work in progress and debtors on Emanate files over a five-year period. The sale is expected to be complete later this month.
Speaking to Lawyers Weekly, Simon Morrison, managing director of Shine Justice, said that the sale was a “strategic decision”.
“Shine Justice made a strategic decision to prioritise parts of the business we see growing substantially in the future,” he said.
“As a business, we will be concentrating on both organic and acquisitive opportunities connected to this growth plan.”
The Lawyers Weekly Jobs Board has had a refresh! To check out the latest opportunities in private practice, in-house and more, click here.
Lauren Croft
Lauren is a journalist at Lawyers Weekly and graduated with a Bachelor of Journalism from Macleay College. Prior to joining Lawyers Weekly, she worked as a trade journalist for media and travel industry publications and Travel Weekly. Originally born in England, Lauren enjoys trying new bars and restaurants, attending music festivals and travelling. She is also a keen snowboarder and pre-pandemic, spent a season living in a French ski resort.
