The firm said the dip was 'expected'
Irwin Mitchell has published its financial year 2022 (FY22) results which revealed its overall group revenue “dipped slightly” following a strategic withdrawal from the volume personal injury market, which saw an end to the firm acting in relation to lower value fast track cases such as whiplash.
However, the firm said this was expected and that its core group revenue rose to £266.1m, up against £262.3m in financial year 2021 (FY21). Core group profit before tax was up on pre covid-19 levels to £25.2m (FY21: £39.9m, FY20: £8.9m).
Andrew Tucker, group chief executive officer, commented: “This was a transformational year for Irwin Mitchell as we implemented several changes designe...