Tim Herrington graduated from the University of Bristol, UK, in 1975 with a first-class degree in law.
He started his career with international law firm Clifford Chance, where he became a partner in 1985. He specialised in company and financial services law, becoming one of the first City lawyers to specialise in the regulation of financial markets.
In 1986 he was seconded to the Securities and Investments Board and helped to draft the rules to regulate the conduct of the UK’s bankers and other investment professionals.
On retiring from Clifford Chance in 2005, Tim joined the UK’s Financial Services Authority and became Chairman of its Regulatory Decisions Committee, the independent committee which decides whether to impose fines and banning orders on those found to be in breach of the regulatory rules.
In February 2012 Tim was appointed a Judge of the UK’s Upper Tribunal, which hears cases challenging the disciplinary decisions of the UK’s Financial Conduct Authority and Prudential Regulatory Authority. Tim retired from this position on 30th September 2023.