Irwin Mitchell LLP paid £5.8m of its profits into Irwin Mitchell Holdings, the company it set up as part of plans to restructure as an Alternative Business Structure (ABS), according to limited liability (LLP) accounts recently filed with Companies House.
The accounts state that the profit share attributable to the highest paid member was £5.8m compared with £1.36m the previous year. However, the figure relates to a payment to Irwin Mitchell Holdings, which gained control of the LLP in April 2011, rather than an individual.
