Ex-Fulbright partner admits stealing £100k from firm

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  • Well you have to feel sorry for them don't you? If I lost MY designer key holder I'd be tempted to resort to theft too.

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  • Formerly a senior partner and member of Richard Butler's (now Reed Smith) management board. Very sad.

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  • How on earth do these partners' expenses go unchecked for so long? Like Grierson at Hogan Lovells last year this is a theft which could have been avoided if only the firm had proper risk management systems in place. There needs to be spot checks on expenses surely? And what kind of background check were carried out by the firm when hiring this woman?

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  • I don't think it's necessarily down to risk management. If senior professionals and owners of the business are going to go to the lengths of actually forging documents, it's always going to be difficult to combat. It would be interesting to know how this did in fact come to light. What is more surprising, idiotic, even tragic is that people would risk - and in this case lose - everything for the sake of RELATIVELY trivial sums of money (probably only a couple of month's earnings for them).

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  • More interesting is the fact (as gleaned from the Evening Standard report yesterday of the hearing) that after being dismissed by Fulbright, Holman Fenwick & Willan appointed Sharif in a support role at the firm on £165,000 a year. That is probably more than many of HFW's salaried partners and you have to wonder how she could justify such a salary as an office manager in a non fee earning role.

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  • Fyi

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  • By my calculations, based on UK200, salaried partners earned an average £182k at HFW last financial year. they should've saved themselves the legal hassle and cashed in as an office manager on £160k

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  • English judges do not bang gavels - perhaps a legal publication might care to take note.

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  • ooooo, whose been watching QI?
    I think the gavel is just a common symbol for the courts Mr Fry?

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  • Yet more evidence of a morally bankrupt society in which Money Is All.

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  • @Anonymous | 12-Jan-2012 4:02 pm
    Sadly, it's all true - just did some research and seems English judges don't have gavels and have never had them. This is a very sad fact as I'd always thought BBC TV portrayals of judges hammering away and demanding 'Silence! Silence!' were totally accurate.

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  • Talking of daylight robbery: 100-160K for an office manager? Where do I apply?

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  • What is so depressing about these two idiots is what they did with the money. Give it to charity or a needy cause? Save it for a rainy day? Help out someone in trouble?
    No, just bought themselves some over-priced consumer goods and a few unnecessary trinkets. I mean what on earth even IS a key holder?

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  • I'm definitely changing careers to become an office manager. £160K!!! Is that a typo?

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  • It is clearly pretty dumb for some firms to pay a NQ £100k (when something nearer £60k would be more than enough), but £160k for an office manager? You must be able to hire some top ones for no more than £100k surely? This ridiculously high salary seems more shocking than the thefts and makes HFW look like complete fools (especially when added to the poor DD in their hiring process).

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  • I think the gist of the article is that such an overpaid position is not open to everyone and requires some extracuricular activities.

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  • £160,000 salary for an office manager role????

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  • Simkin? Simmers? Nooooo, a jolly nice chap. ~There must be some mistake. We were at prep school together. An all round good egg, what what.

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  • Disgraceful.

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  • I believe there were forged signatures on expense forms in this case, which means that at least some internal controls were bypassed.

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