The invention relates to a cutting tool (1), comprising a first (6) and a second (7) element having a handle (8) in a first end and a cutting element (3, 4) in a second end, a spring element (11) arranged between the first (6) and second (7) element to move the handles (8) away from each other, and an adjustment mechanism for setting a maximum opening angle (A1, A2) for the handles (8). In order to obtain a small and reliable mechanism, the adjustment mechanism comprises: a groove (12) in a side surface (13) of the first element, an adjustment ring (15) arranged to a side surface (16) of the second element (7), and a shaft (18) which is rotatably arranged to protrude through a hole (19) in the second element (7), a first end (20) of the shaft (18) engaging the engagement surface (17) of the adjustment ring (15) and a second end of the shaft having an eccentric part (21) protruding into the groove (12) in the first element (6).