Irwin Mitchell Extends Board and Partner Pay Cuts
The firm has now brought the majority of staff back onto full time hours.
July 24, 2020 at 06:01 AM
2 minute read
Andrew Tucker, Irwin Mitchell Group CEO
Irwin Mitchell has extended financial measures for its senior people in response to the coronavirus disruption.
The firm has extended a 10% pay cut for its executive board until October, according to a statement on Friday, and its partnership has agreed to the same pay trim.
Some staff at the firm will continue to work reduced hours or stay on furlough schemes, according to the statement, though a large proportion of staff on reduced hours will return to full-time work from the start of August, it added.
Irwin Mitchell group CEO Andrew Tucker said in a statement that the relaxation of measure was "due to the measures we've already taken and our business performance being ahead of forecast."
The latest move comes as the firm looks to open its U.K. offices a part of a phased return. Offices will now be open at 10% capacity, the firm said, however the majority of staff will still work from home.
An Irwin Mitchell spokesperson said the firm was also exploring technological investments to assist with home working – these include trialling digital signatures with the Land Registry and wider-scale adoption of virtual mediations and settlement agreements.
Irwin Mitchell is not the first firm to have curtailed its reduced hours scheme. Earlier in July, Ashurst confirmed that its scheme would finish after a three-month period.
Other firms to have reopened their London bases include Slaughter and May, Freshfields Bruckhaus Deringer and Linklaters.
Read More
Ashurst Ends Reduced Hours Scheme, Reopens London Base With Temperature Checks
Norton Rose Shuttered Dubai Office After COVID-19 Resurgence
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