Irwin Mitchell sets ABS plans in motion with top-level management restructure
Irwin Mitchell has overhauled its management structure and practice stream makeup in preparation for its planned conversion to an alternative business structure later this year. The firm, which confirmed in April that it intended to take advantage of the Legal Services Act (LSA) and was considering taking external capital, changed its structure last month – splitting the business into a limited liability partnership (LLP) and a separate holding company and appointing a new board to manage both parts of the firm.
June 01, 2011 at 07:03 PM
2 minute read
Top 50 law firm splits business ahead of LSA implementation
Irwin Mitchell has overhauled its management structure and practice stream makeup in preparation for its planned conversion to an alternative business structure later this year.
The firm, which confirmed in April that it intended to take advantage of the Legal Services Act (LSA) and was considering taking external capital, changed its structure last month – splitting the business into a limited liability partnership (LLP) and a separate holding company and appointing a new board to manage both parts of the firm.
The board includes group chief executive John Pickering (pictured), previously known as national managing partner for Irwin Mitchell, chairman Michael Napier, formerly senior partner, and finance director Mark Dakin.
In addition, practice stream heads Niall Baker, Andrew Tucker and Joe Simpson also sit on the board, which deals with strategy issues and operates in addition to an executive board.
Changes to the firm's practice streams see Baker heading the business legal services division, Tucker looking after personal legal services and Simpson managing strategic client relations. Private client, which previously sat within business services, now sits within personal legal services. Strategic client relations, previously known as insurance lending and recovery, includes the firm's long-term relationships with bigger institutions such as banks and insurance institutions.
Pickering commented: "It's more logical, efficient and client-facing. In a business of over 2,300 people, putting all this change into place was a massive piece of work but we have achieved this. There is a clarity of approach which sits nicely with our subsidiary companies."
He added: "We haven't nailed our colours to the mast just yet. It's all about building Irwin Mitchell to be a substantial force in the legal market. Our desire is to be in a position to take maximum advantage of the changes created by the LSA when it comes into full effect. We will look to take external investment and strengthen the business."
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