July 4, 2022, LONDON - Forensic Risk Alliance (FRA), a forensic accounting, eDiscovery and compliance consultancy firm specializing in international corruption, AML, sanctions, fraud investigations and compliance remediation for global corporations and law firms, has achieved the Band 1 ranking in the Chambers Litigation Support 2022 Rankings for UK-wide forensic accounting.
Chambers' research quoted market commentators saying the FRA team were "nimble, respond quickly and get straight to the heart of the matter', as well as being "creative and strategic" in working with clients to "find the best way to answer a question". "Their willingness to partner with you sets them apart", said another. In addition, FRA has been ranked for the third year running in both the UK and US rankings for eDiscovery, also under Chambers Litigation Support 2022.
As well as this, FRA founding partner Toby Duthie, has been individually ranked once again among UK-wide forensic accountants. One commentator described him as "the top man in the UK. He is very able, very insightful and a fantastic relationship builder." Another noted that Duthie was "very good at distilling some of the complexities of his work into a digestible form for clients as a lot of it is extremely complex. He cuts through the key details."
Building on its previous years' rankings, the Band 1 achievement reflects FRA's strong international growth trajectory over the past year and continued client success record. This includes the recent headline announcement of energy services company Petrofac's GBP 77 million penalty, in which FRA supported the company in plea discussions with the UK Serious Fraud Office (SFO).
FRA's growth has been marked by the launch of its MEA office in Dubai, demonstrating a significant investment in the firm's international expansion plans and strengthening the firm's existing engagements across the Middle East. The MEA office is overseen by two new partners: Bhavin Shah, former Head of Financial Services Advisory at Deloitte Middle East, and Stephen Millington, former Head of Alvarez & Marsal Middle East. The firm also recently appointed Gerben Schreurs, former Managing Director at Credit Suisse, ZUrich, as Partner within the firm's Z�rich office, to bolster the firm's anti-money laundering (AML), anti-bribery and corruption, sanctions, and compliance capabilities in the Swiss market.
Toby Duthie, Founding Partner, FRA, said: "We are delighted to have been recognized in Chambers' top rank for the work we do in delivering a top-quality client service. Our goal is to maintain the highest standards of output, explore new services and sharpen our reputation as specialists in high-stake, cross-border litigation, government investigations and regulatory compliance. We are motivated by creating opportunities for clients and our internal teams alike, through continued expansion and cutting-edge solutions."
Rebekah Chapman / Leah Albohayre at Hudson Sandler