Irwin Mitchell in consultancy venture

Irwin Mitchell has launched software and consultancy business Ectimo in a joint venture with supply chain advisory business State of Flux.

The move will strengthen the firm’s ties with insurers, which will be able to use the service to improve recovery rates. State of Flux director Alan Day said: “Many companies aren’t fully aware of the potential capital available to them by simply improving recovery rates, particularly in areas which had previously been deemed beyond recovery.”

Irwin Mitchell said the initiative was further evidence of a changing legal marketplace in which law firms will partner non-legal organisations to offer a range of services.