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Jean-Yves Gilg

Editor, Solicitors Journal

Christmas comes early as Irwin Mitchell and Thomas Eggar complete £250m merger

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Christmas comes early as Irwin Mitchell and Thomas Eggar complete £250m merger

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Union transforms IM's business as chief executive expects further future growth

Irwin Mitchell and Thomas Eggar have completed their merger creating a £250m legal business with offices across the UK.

The merger changes the structure of Irwin Mitchell's model with half of the group's turnover coming from legal services to businesses and high-net worth private client work.

The remainder will be accounted for by the personal injury business, some 80 per cent of which is made up of high-value, complex cases.

Irwin Mitchell and Thomas Eggar announced their merger on 25th November in a deal which will see turnover surpass the £80m mark.

Since then the firm has been completing a TUPE consultation to transfer Thomas Eggar's staff to Irwin Mitchell. The status of full equity members and fixed share members of the former will remain the same upon joining the latter.

Andrew Tucker, Irwin Mitchell group chief executive, is confident of further mergers and acquisitions taking place in the future.

'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 per cent of our business and will become ever more important,' he said.

'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.'

Vicky Brackett, managing partner at Thomas Eggar, added: 'This is an exciting time for all of us at Irwin Mitchell and Thomas Eggar. This merger is a catalyst for change and combining the strengths of both our firms will create a business that is among the best in the industry.

'We have significantly increased our presence across a large part of the country and that presents significant opportunities to offer a wider range of services to a larger number of clients in a more diverse range of sectors.'

Matthew Rogers is an editorial assistant at Solicitors Journalmatthew.rogers@solicitorsjournal.co.uk | @sportslawmatt