Irwin Mitchell has taken its next steps towards becoming one of the first alternative business structures (ABS) with the appointment of Norton Rose as its legal adviser and Espirito Santo Investment Bank as its financial adviser.

Espirito Santo will advise Irwin Mitchell on its options to raise external capital over the coming months as the UK top 30 firm gears up to take advantage of the implementation of the Legal Services Act (LSA) later this year.