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Headline

Irwin Mitchell takes bank advice ahead of post-LSA float

Comment

It will be fascinating to see how this pans out. Clearly, EPs are going to realise some serious wealth. I would imagine that those who are towards the end of their careeers will work through their earn out periods and then enjoy long and happy retirements. Good luck to them. The firm saw the changes afoot, built a strategy and - with apologies to RJW - are the only national firm with real muscle in volume areas of law. I think the challenges will come a few years down the line for their younger and aspiring future Partners who (a) missed out on the big money at floatation/similar event and (b) in future may well be remunerated in ways that are not as rewarding as the old EP model. It will be a fascinating ride, but one not without its bumps and twists.

Posted date

20-Apr-2011

Posted time

3:00 pm

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