Stuart Alford QC is a member of Latham & Watkins’ Litigation & Trial Department. Mr. Alford focuses on economic crime and regulatory matters, leveraging his former experience as one of the UK’s leading prosecutors to represent clients in their most critical, high-stakes cases. Mr. Alford has a formidable track record as a trial lawyer and brings unrivalled front-line experience handling complex, high-profile investigations and prosecutions, including sophisticated fraud and bribery matters. His practice is focused across a range of industries, with a particular concentration on the financial and energy sectors.
From 2012 to 2016 Mr. Alford was Head of the Fraud Division at the Serious Fraud Office (SFO), where he was responsible for many of the UK’s landmark white collar cases. His work focused on investigations in banking and money markets, including the wide-ranging cases involving the manipulation of LIBOR and foreign-exchange benchmarks, a major criminal recapitalization investigation and the Bank of England’s liquidity auctions.
Mr. Alford has extensive experience engaging with law enforcement and regulators around the world, including in particular the UK Financial Conduct Authority and the US Department of Justice. He has handled numerous multi-jurisdictional investigations, with a concentration on cross-border US-UK matters. Mr. Alford has significant experience handling the UK’s new Deferred Prosecution Agreement regime, as well as managing parallel criminal and civil litigation, enabling him to help clients minimize the risks inherent when confronting simultaneous proceedings on multiple fronts. He has also overseen massive data analysis projects and the advances in technology-assisted review and disclosure.
Before joining the SFO, Mr. Alford spent 20 years in private practice as a Barrister in London, including serving as Director of Staff for 36 Bedford Row Ltd., where his practice focused on national and international criminal law. During his time in private practice, Mr. Alford was appointed to the Attorney General’s Panel of Special Advocates with clearance to handle cases concerning national security, and was recommended by Chambers & Partners as a leader in Crime.
Prior to his sector-leading work in fraud, Mr. Alford was at the forefront of the development of international criminal law. He served as a prosecutor for the United Nations in East Timor from 2001 to 2003 and was Legal Adviser to the judges on the Saddam Hussein trial from 2006 to 2008. From 2008 to 2013 he chaired the War Crimes Committee of the International Bar Association.
Mr. Alford was on the Editorial Panel of the International Bar Association’s International Criminal Law Manual and was a contributor to the Oxford Companion to International Criminal Law.
Mr. Alford speaks frequently on criminal law issues and is active in diversity and professional development initiatives in the legal profession, including previously serving as chair of the SFO Management Board’s People and Culture Committee and its Equality and Diversity Working Group.
He was appointed Queen’s Counsel in 2014 while working at the SFO, a rare achievement for a lawyer practicing in public service.
Mr. Alford's experience while in public service includes:*
- Supervised case teams prosecuting the LIBOR investigations and trials; including three jury trials of Tom Hayes, interdealer cashbrokers and employees of a major global financial institution
- Led the pre-investigation stages of the foreign exchange manipulation cases
- Supervised the criminal investigation into recapitalizations by a major investment bank in 2008
- Supervised the investigation of liquidity auctions run by the Bank of England during the financial crisis of 2007 and 2008
Mr. Alford’s domestic experience while in private practice includes:**
- Multiple mortgage and insurance frauds
- Large frauds involving highly sensitive national security issues
- Complex allegations of director fraud and false accounting
Mr. Alford’s international law experience while in private practice includes:**
- Advising tribunals, NGOs, UN and state agencies on a wide range of international criminal law issues, including in connection with special courts and post-conflict tribunals
- Providing training to judges, prosecutors and lawyers on procedural and substantive legal issues
*Matters handled while at the Serious Fraud Office
**Matters handled while in private practice as a barrister