Slater and Gordon has closed its Leeds office.
The law firm said in a statement that new technology and processes led to the closure.
A statement from Slater and Gordon said: “We have introduced new technology and processes that allow us to work more efficiently and provide a better experience for our customers. Consequently, we are closing our Leeds office and relocating the work to other locations.”
The closure of the Leeds office follows the settlement of the law firm’s dispute with insurance firm Watchstone, shortly before a High Court case was about to begin.
Slater and Gordon received £11 million as part of the settlement, with neither party admitting liability in the dispute, which centred on the acquisition of the professional services arm of Quindell, now Watchstone, by the law firm’s former Australian parent company in 2015.
Slater and Gordon recently returned to profitability following a period of stabilisation, restructuring and strategic investment.
The business generated revenues of £222.7 million and achieved adjusted earnings before interest, taxes, depreciation and amortisation of £1 million in 2018, its first year of independence following its separation from its former Australian parent company.
