National firm Irwin Mitchell has reported a sharp upturn in profits – as well as taking its place among the UK’s top brands.
The firm said this week that turnover for the 2018/19 financial year was up 9% to £263m, with profit rising 76% to £21m. The increase in profits is partly due to Irwin Mitchell having previously made one-off provisions to re-position the business, which brought the figures down in the previous financial year.
The firm said it has also been recognised as a Superbrand for the first time this year, joining the likes of Ebay and LinkedIn as being independently recognised as leading brands in their sector.
Andrew Tucker, group chief executive of Irwin Mitchell, 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.’
The firm has recently opened a new Reading base to take its number of UK offices up to 15. At the start of this year, several non-lawyer directors from IT, HR, marketing and operations were also added to the executive board as it sought to broaden its expertise at management level.
Tucker said the staff have also benefitted from changes to the work environment, with a dress for your day policy in place and more than 400 members of staff adopting official flexible working patterns and many more agreeing informal arrangements.
Previously regarded as a personal injury specialist, the firm stresses it is also ranked among the most active deal-making firms by Experian and is the third most active litigation law firm in UK courts.