Irwin Mitchell profits fall 25%

August 25, 2016 Irwin Mitchell has announced that profit before tax plummeted over 25 per cent last year, dropping from £16.7m to £12.4m. Chief executive Andrew Tucker has stated that the decline is due in part to investment in the firm’s acquisition of Thomas Eggar, its largest merger yet.

Despite the decline in profits, turnover at Irwin Mitchell increased by 8.2 per cent to £221.3m last year, up from £204.m in 2014/15. Irwin Mitchell has seen several partner departures lately, with Dentons picking up five partners in the last week.

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