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Birmingham Post
Birmingham Post
Business
Jonathon Manning

Irwin Mitchell grows almost 10% as law firm boosts turnover to £263m

National law firm Irwin Mitchell has seen its turnover grow for the ninth consecutive year in a row, as its top line jumped to more than £260m.

The law firm saw its turnover jump 9% during the 2018/19 financial year, from £242m to £263m.

Meanwhile, the company's profit before tax figure soared 76% from £12m to £21m.

The firm is headquartered in Sheffield but operates 15 offices across the UK, in Birmingham, Bristol, Cambridge, Chichester, Gatwick, Glasgow, Leeds, London, Manchester, Middlesbrough, Newbury, Newcastle, Reading and Southampton.

Irwin Mitchell is best known for its personal injury claim work but CEO Andrew Tucker said the firm's growth was down to more clients using its other divisions, such as litigation and corporate teams.

Mr Tucker said: “We have successfully grown turnover for nine consecutive years and that is testament to the hard work and determination of all of our teams to deliver an excellent client service whether that is for businesses or individuals.

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“We offer a wide, but complementary, range of legal and financial services and our client engagement is strong: they tell us our service is consistently good and distinctive.  We have an extensive programme to enable us to really understand what our clients value which helps us deliver our services more effectively.

“We are also investing further in our people and ensuring that Irwin Mitchell is a great place to work. We now have a dress for your day policy, we have more than 400 members of staff adopting official flexible working patterns, with many more agreeing informal arrangements.

"We have continued to develop wellbeing with our line managers are undergoing specialist mental health training to be able to support colleagues who may need some help. These and other initiatives are driving our growth in revenue and profit.”

The financial results for Irwin Mitchell Holdings also covers the group's non-legal businesses. These includes debt recovery business Ascent and IM Asset Management, which now has more than £700m of funds under management.

During the year the firm promoted eight people to partner and a further 90 to associate or senior associate positions.

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