Irwin Mitchell aims for more growth

LAW firm Irwin Mitchell, has set its sights on further growth after announcing a 3.9 per cent rise in turnover to £210.6m along with an increase in profits.

Group chief executive Andrew Tucker said financial performance for 2014/15 reflected returns on both organic growth and other investment including acquisitions in previous years and said the business is well-placed to capitalise on the opportunities in the changing legal market.

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Profit before tax increased by six per cent to £18.1m, reflecting the impact of previous investment in strategic recruitment, acquisitions, new regional offices, and continued investment in building the Irwin Mitchell brand through advertising.

Mr Tucker added: “In 2013/14, we took very deliberate decisions to sacrifice a proportion of profit to invest even further in our business and we are beginning to see the return on those and earlier investments with both an increase in income and profit before tax.”