Irwin Mitchell reports revenue growth during year of strategic investment 

Irwin Mitchell has reported a 6.4 per cent increase in revenue to £337.5m (FY25 £317.1m) following a year of significant investment and strategic transition in which the firm simplified its business model, invested in core legal services and strengthened its national footprint.

Underlying profit before tax from trading activities was £16.5m, compared with £22.4m in the previous year, reflecting planned significant one-off investments in technology, an increase in national insurance contributions due to UK tax changes and several office moves across locations including London, Brighton, Liverpool, Cardiff and Nottingham. The investment made in the year is expected to drive future growth and profitability.

The latest results also confirm Irwin Mitchell’s strong financial foundations with cash and equivalents increasing to £84.3m (FY25 £69.2m), net assets of £169.6m and work in progress now exceeding £540m.

Irwin Mitchell has continued to progress its strategy of focusing on higher value complex legal work and the firm’s international revenue more than doubled to £35.4m (FY25 £16.2m), reflecting growing strength in cross-border and specialist advice for both businesses and private clients. International work now represents more than 10 per cent of revenue, leveraging key client relationships and international law firm partnerships. The firm also received a prestigious King’s Award for Enterprise for its work supporting international trade  by advising overseas businesses investing in the UK.

Progress has also been made in relation to greenhouse gas emissions with scope 1 and 2 emissions decreasing by 21 per cent and scope 3 emissions by 26 per cent. The firm’s car fleet is now 76 per cent hybrid or electric.

Craig Marshall, Group Chief Executive Officer at Irwin Mitchell, said: “This has been an important year for Irwin Mitchell. We have continued to grow revenue while making disciplined long-term strategic decisions to strengthen our business, invest in our people and infrastructure, and focus on the areas where we can make the biggest difference for our clients.

“We remain a diverse legal business serving individuals and businesses across the UK and globally, but with a clearer focus on complex, specialist advice. The progress we have made this year reflects the strategic direction of travel we have set over recent years and gives us a strong platform for sustainable growth in the years ahead.”

Key areas of strategic progress, building on work undertaken over recent years, included:

• Completing the sale of IM Asset Management and the Ascent debt management business, supporting a sharper focus on core legal services.
• Continuing to evolve the Private Client service offering, with greater emphasis on complex estate planning and advice for high-net-worth clients.
• Expanding all five of the firm’s newest offices, supporting more clients through a broader geographic footprint.
• Moving the London teams to The Northcliffe and announcing plans to relocate the Sheffield teams, the firm’s largest office, later this year.
• Making strategic hires in growing markets including crypto fraud, immigration and cross-border estate planning, supporting the firm’s focus on specialist, higher-value legal services.
• Promoting 100 colleagues to associate, legal director and partner roles during its latest annual round.

Irwin Mitchell also continued to deliver strong outcomes for its clients and communities, including:

• Maintaining strong client satisfaction scores, achieving Trustpilot’s highest rating of Excellent and a net promoter score of +69.
• Being rated one of The Sunday Times UK Best Places to Work for the second consecutive year.
• Beginning a three-year partnership with national homelessness charity Crisis, reinforcing the firm’s commitment to responsible business.
• Raising more than £100,000 through the Crisis partnership so far, with more than 40 colleagues volunteering their time.