find the latest legal job
Corporate Counsel and Company Secretary
Category: Generalists - In House | Location: Newcastle, Maitland & Hunter NSW
· Highly-respected, innovative and entrepreneurial Not-for-Profit · Competency based Board
View details
Chief Counsel and Company Secretary
Category: Generalists - In House | Location: Newcastle, Maitland & Hunter NSW
· Dynamic, high growth organisation · ASX listed market leader
View details
In-house Projects Lawyer | Renewables / Solar | 2-5 Years PQE
Category: Generalists - In House | Location: All Australia
· Help design the future · NASDAQ Listed
View details
Insurance Lawyer (3-5 PAE)
Category: Insurance and Superannuation Law | Location: Brisbane CBD & Inner Suburbs Brisbane QLD
· Dynamic organisation ·
View details
Real Estate & Projects Lawyer (6+ years PAE)
Category: Property Law | Location: Sydney CBD, Inner West & Eastern Suburbs Sydney NSW
· Top tier firm with offices nationally · High profile clients
View details
End of the Misso era as Slaters steps in

End of the Misso era as Slaters steps in

Trilby Misso has reached the end of an era, with the last member of the Misso family retiring out of the firm following its acquisition by Slater & Gordon. Hilton Misso, a director of Trilby…

Trilby Misso has reached the end of an era, with the last member of the Misso family retiring out of the firm following its acquisition by Slater & Gordon.

Hilton Misso, a director of Trilby Misso and son of the late Trilby Misso - the firm's founder - told Lawyers Weekly that with the $57 million purchase completed last Friday (13 August) it was time for him to move on.

"I've accepted the fact that I'm not getting any younger and the success and magnitude of the practice was such that we couldn't sell it down to the junior partners," he said.

Misso has retired after 46 years with the firm, having commenced his career there after his father developed the practice in 1956 - following the family's migration to Australia from Sri Lanka.

The Slater & Gordon acquisition of Trilby Misso has been on the cards for some time, with Misso revealing that the firm established a committee a number of years ago in order to determine an exit strategy for the firm's directors.

Such options included a serious proposal to float the firm on the Australian Stock Exchange - until the global financial crisis.

"When the GFC hit it was a no brainer that we could not list and so we therefore deferred the listing for three to five years. Of course in the meantime, Slater & Gordon made that approach for us," said Misso.

"Given all things, we figured that this [the Slater & Gordon acquisition] represented a better opportunity for Trilby Misso to continue growing and to continue its true vision and objectives."

While Misso's departure represents an end of direct ties to the firm's heritage, Misso said the Slater & Gordon culture lines up with that of Trilby Misso and that staff are optimistic about their future.

"There's been some emotion about the fact that the founding shareholders have moved on but they accept that that's reality," said Misso.

"At the same time they indentify the great opportunity for the firm to grow and to develop its true vision."

Misso said that his father, who passed away last year, was very much a true lawyer who "served the people" and the firm's growth can be put down to his father's commitment to assist people regardless of their financial situation, race or creed.

"When I started in 1964, the firm comprised Dad, one full-time and one part-time secretary," said Misso.

"Now, the firm has nearly 160 staff and one of the best and most recognised profiles in the Australian legal community."

Angela Priestley

Like this story? Read more:

QLS condemns actions of disgraced lawyer as ‘stain on the profession’

NSW proposes big justice reforms to target risk of reoffending

The legal budget breakdown 2017

End of the Misso era as Slaters steps in
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Unite
07:04
Professionals unite in support of marriage equality
The presidents of representative bodies for solicitors, barristers and doctors in NSW have come toge...
Aug 21 2017
Is your firm on the right track for gig economy gains?
Promoted by Crowd & Co. The way we do business, where we work, how we engage with workers, ev...
Scales of Justice, Victorian County Court, retiring judges
Aug 21 2017
Replacements named for retired Vic judges
Two new judicial officers have been appointed in the Victorian County Court, following the retire...
APPOINTMENTS
Allens managing partner Richard Spurio, image courtesy Allens' website
Jun 21 2017
Promo season at Allens
A group of lawyers at Allens have received promotions across its PNG and Australian offices. ...
May 11 2017
Partner exits for in-house role
A Victorian lawyer has left the partnership of a national firm to start a new gig with state governm...
Esteban Gomez
May 11 2017
National firm recruits ‘major asset’
A national law firm has announced it has appointed a new corporate partner who brings over 15 years'...
opinion
Nicole Rich
May 16 2017
Access to justice for young transgender Australians
Reform is looming for the process that young transgender Australians and their families must current...
Geoff Roberson
May 11 2017
The lighter side of the law: when law and comedy collide
On the face of it, there doesn’t seem to be much that is amusing about the law, writes Geoff Rober...
Help
May 10 2017
Advocate’s immunity – without fear or without favour but not both
On 29 March 2017, the High Court handed down its decision in David Kendirjian v Eugene Lepore & ...