27 June 2024 – Forensic Risk Alliance (FRA) has once again achieved the Band 1 ranking in the Chambers Litigation Support 2024 Rankings for UK-wide forensic accounting.
Chambers' research quoted clients saying, “Forensic Risk Alliance's teams are really good, really solid, and the firm has subject matter expertise from top to bottom” and “FRA are highly experienced practitioners who understand the need to deliver a business-focused solution."
Another commented, “The whole team are very strong and able to provide top-notch financial analysis advice. FRA is able to address complex data issues and help us present explanations and solutions to those issues.”
In addition, FRA achieved a Band 2 ranking for US-wide Forensic Accounting. Chambers noted, “FRA accumulates plenty of positive client testimonies, which praise the team’s experience, ability to take on complex matters and fulfill demanding expectations.”
One client commented, “From top to bottom, they are always professional, always engaged and always adding value. Their service levels and responsiveness are very strong. They just get it.”
For the fifth year running, FRA is also listed in both the UK and US rankings for eDiscovery.
In addition to overall firm rankings, FRA Co-founding Partner Toby Duthie, has been individually ranked once again among UK-wide forensic accountants. One commentator noted that Toby “is an effective leader and consistently demonstrates expertise in forensic accounting from an internal investigations perspective. His teams deliver top-notch work.”
A new individual ranking was achieved by Dallas-based Partner Umair Nadeem, who was ranked among US-wide forensic accountants. One client commented, “Umair is smart, strategic and gets to the heart of complex issues to find solutions.”
The Chambers rankings reflect FRA’s continued success in client matters, investment in forensic technology, practice expertise and strong recognition in the marketplace. Notable cases completed in the past year include Entain’s £585 million groundbreaking settlement with UK Crown Prosecution Service; SAP’s settlement with US and South African authorities; and Gunvor’s $660 million settlement with Swiss and US authorities;.
FRA has also made significant strides in our cryptocurrency and forensic technology practices, investing in both people and technology to bolster our offerings and expertise in these areas. We continue to make people decisions and moves that support the growth of our Paris and Dubai offices and meet the demand for services in these critical regions. In December 2023, we celebrated the one-year anniversary of FRA Korea, our first physical office in the APAC region, which has enjoyed great success with new clients and projects and continues to gain momentum.
We also continue to be recognized in the marketplace by leading industry analysts including GIR and Who’s Who Legal, most recently debuting in the 2024 GAR 100 Expert Witness Power Index at number 30.
We attribute our 2024 Chambers rankings and ongoing success to our global team members, who strive to deliver top-quality service—and to our clients, who continue to trust us with their most important projects.
FRA Co-founding Partner Toby Duthie said: "We are thrilled with FRA’s recognition in Chambers’ 2024 rankings. We endeavor to be the firm clients can trust with their most delicate matters by bringing together the best experts from across the globe and empowering them to deliver service excellence. As we celebrate FRA’s 25th anniversary and reflect on our past success, I could not be more proud of what we have achieved together and I am excited to see what the future holds for our team and our clients.”
