Irwin Mitchell and Thomas Eggar complete their merger
Irwin Mitchell and Thomas Eggar today (17th Dec) completed their merger creating a £250m legal business in 15 locations with nearly 300 partners.
The merger will transform the structure of the Group. Legal services to businesses and high net-worth private client work will together account for half the Group’s turnover. The personal injury business - 80% of which is made up of high-value, complex cases - will account for the remainder.
Since announcing the merger, the firm has been completing a TUPE consultation for the transfer of Thomas Eggar’s staff to Irwin Mitchell. All Full Equity Members and Fixed Share Members of Thomas Eggar are joining IM LLP on the same status.
Irwin Mitchell Group Chief Executive Andrew Tucker said that more mergers and acquisitions could yet follow as the Group - now the 11th largest legal business in the UK - plans to strengthen its business legal services, private client and personal injury divisions still further.
“This merger is truly transformational for our business and marks the start of a new era. Our combined business legal services and high net-worth private client divisions now account for about 50% of our business and will become ever more important. The merger also significantly strengthens our presence in London and the south and means that for the first time more than half our turnover will come from the southern half of the UK*.
“We plan significant investment in our business, private client and complex personal injury practices, and mergers and acquisitions are a key part of our strategy to give us the scale and breadth of service that clients demand.