The deal, which is due to be finalised at the end of the month after the completion of due diligence, consists of an undisclosed cash sum and A$2m (£837,000) worth of Slater shares.
McClellands specialises in personal injury litigation and raked in around A$4.5m (£1.9m) in revenue last year. It houses 21 staff across offices in
Slater became the first law firm in the world to float on a public market when it made its debut on the Australian Stock Exchange in May.
Since then the firm has also acquired a niche military compensation practice, D’Arcys, which was brought for A$2.8m (£1.2m) in May. As part of the deal, D’Arcys principal Vince Green was locked in to the firm for a minimum of three years.
Slater’s progress, which is being watched closely by the