Wake Up Call: U.K. Firm Considers Big Fines for Partner Misconduct

Oct. 22, 2019, 12:17 PM UTC
  • Partners at U.K. elite firm Freshfields Bruckhaus Deringer could automatically get docked 20% of their profit share for 12 months if they get a final warning for misconduct after an internal investigation, according to a report. News of the partnership’s plans to create a “conduct committee” and fine protocol comes a little over a week after the country’s legal profession regulator fined Ryan Beckwith, a former restructuring partner at the firm, a total of 235,000 pounds ($305,000). The fine resulted from a nine-day hearing into a junior attorney’s sexual misconduct allegations against Beckwith. (American Lawyer)

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