Australia’s Slater & Gordon has grown accustomed to life in the spotlight. Ever since becoming the world’s first publicly-listed law firm in 2007, the personal injury and employment claims specialist has had to regularly provide statements informing investors of its financial performance and strategic developments, while its every move has been closely scrutinized by rivals and industry observers.

At first, the firm thrived, expanding rapidly through a glut of acquisitions, including a transformative £677 million ($960 million) deal for the professional services division of insurance outsourcer Quindell Plc that established it as one of the largest insurance claims firms in the U.K.