Law Partners Get Shares Free, page-35

The UK aquisition had more than just one problem. If you cast your mind back to late 2015 there was a proposal floated by (now ex) British Chancellor George Osborne that would severely limit "whiplash" claims. Here's an article from the time:

copyright link/finance/newsbysector...whiplash-george-osborne-autumn-statement.html

I believe these changes never went through (I'll admit i stopped paying attention) as Osborne stood down. Long term it ended up being a non issue for Slater beyond being yet another hit to the share price but early on it was a bit part of the storm following the aquisition. In regards to Shine the key point I was making is that these types of regulatory change can potentially happen and if they do can severely impact the profitability of a firm like Shine. Branching out into other areas of practise mitigates this risk (but creates some others if they stray from their circle of competence)