Law firm announces 11th consecutive year of growth

Birmingham-based law firm Irwin Mitchell has announced an 11th consecutive year of growth for the 2020-21 financial year.

Turnover rose to £275.8m (up 2% from £269.3m) with profit-before-tax also up to £34.8m (up 47% from £23.7m) reflecting the benefit of a wide range of cost saving measures to mitigate the impact of COVID-19 as well as the higher revenue. The firm’s cash generation was also strong and debt collection has also improved over the time period.

Andrew Tucker, Chief Executive Officer at Irwin Mitchell, commented: “This was a year of strong financial and operational delivery for Irwin Mitchell. Our performance was a testament to the resilience of our cash generative business model, the benefit of our prudent financial management approach which helped to mitigate the impact of COVID-19 and the brilliant response of our colleagues in delivering outstanding client services.”