Courtesy photo Armstrong Teasdale Faced Regulatory Inquiry Before Shuttering in London
The firm's London office, which opened in 2021,brought in $14 million in revenue in 2022 but recorded less than $250,000 in profits.
September 20, 2024 at 03:15 PM
5 minute read
The original version of this story was published on The American Lawyer
Just weeks before announcing the closure of its London office, Armstrong Teasdale's London-based compliance officer was fined by the Solicitors Regulation Authority for failing to implement anti-money laundering procedures at the firm.
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