A fine of £232k plus 50k costs, with a turnover of £188 million?
They must be quaking in their boots.
Just a cost of doing business. Fines need linked to income/revenue for them to be effective.
How is that a fine at all? All this record breaking fine will do is make sure every single law firm in the country is going to, if not already are, launder money. Absolute joke.
Imagine a fine of 0.25% of your income for severe wrong-doing.
For many people that would be less than £100
Law Ombudsman and SRA are all on the make; fucking useless sacks of shit. The whole thing is jus a criminal enterprise.
Best money they have ever spent on advertising ever! For the paltry sum of a £232k (don’t forget the £50k admin fee) they have now advertised their ‘alternative’ business to the world! Cheers, drinks all round!
Edit: typo
Please, these were old, “historic investigations”, long ago in the before times (2015-2017)
We are above the law- here, take these little crumbs as so called compensation and go away.
0.25% of turnover? So in other words the headline should be “Top UK Law firm fined, makes no difference whatsoever.”
Make it say, 80% of turnover, and you might have a worthwhile fine for these evil stains pretending to be humans.
Love the way “Authorities” in the UK are inevitably structured and designed to prevent businesses and business people ending up in criminal court facing criminal charges when they commit crimes. Let’s the Met off the hook nicely too so we’re all clear who they’re after and who they’re not after.
Tres classy.
What money laundering rules? I thought it was against the law and that’s that?
In house lawyer here. This kind of thing would make us think twice sbout instructing a firm. Not that we instruct Mishcon.
12 comments
A fine of £232k plus 50k costs, with a turnover of £188 million?
They must be quaking in their boots.
Just a cost of doing business. Fines need linked to income/revenue for them to be effective.
How is that a fine at all? All this record breaking fine will do is make sure every single law firm in the country is going to, if not already are, launder money. Absolute joke.
Imagine a fine of 0.25% of your income for severe wrong-doing.
For many people that would be less than £100
Law Ombudsman and SRA are all on the make; fucking useless sacks of shit. The whole thing is jus a criminal enterprise.
Best money they have ever spent on advertising ever! For the paltry sum of a £232k (don’t forget the £50k admin fee) they have now advertised their ‘alternative’ business to the world! Cheers, drinks all round!
Edit: typo
Please, these were old, “historic investigations”, long ago in the before times (2015-2017)
We are above the law- here, take these little crumbs as so called compensation and go away.
0.25% of turnover? So in other words the headline should be “Top UK Law firm fined, makes no difference whatsoever.”
Make it say, 80% of turnover, and you might have a worthwhile fine for these evil stains pretending to be humans.
Love the way “Authorities” in the UK are inevitably structured and designed to prevent businesses and business people ending up in criminal court facing criminal charges when they commit crimes. Let’s the Met off the hook nicely too so we’re all clear who they’re after and who they’re not after.
Tres classy.
What money laundering rules? I thought it was against the law and that’s that?
In house lawyer here. This kind of thing would make us think twice sbout instructing a firm. Not that we instruct Mishcon.