Slater and Gordon, the world’s first listed law firm, has announced more significant losses as revenues continue to fall following its ill-fated acquisition of UK insurance company Quindell’s professional services arm in 2015.

The Australian firm – which launched in the UK in 2012 via a takeover of Russell Jones & Walker – has posted losses of A$425.1m (£262.6m) for the six months to 31 December 2016, having previously announced a loss of A$1.02bn (£628.8m) for first half of the year.

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