Slater & Gordon (S & G), the average Australian law firm with strong growth strategy of consolidation, was the initial public offering (IPO) scheduled for May 2007. Due to a number of regulatory changes in Australia in recent years, IPO opportunity for S & G, to become the first publicly traded law firm in the world. The company and its underwriters just released prospectus and is currently in the process of building investors for allocation. Gloria Rosen, portfolio manager of the securities Fremantle, trying to decide whether to buy the shares for its small-cap growth fund. With just a few days to make an order for the proposal, it had to decide whether to invest, and if so, how much to invest. To its investment decisions, Rosen was to understand the implications of the business model of the company and its growth strategy, as well as the associated risks. "Hide
by Benjamin C. Esty, E. Scott Mayfield Source: Harvard Business School 15 pages. Publication Date: October 17, 2012. Prod. #: 213019-PDF-ENG