The spectre of conflicts of interest has raised its ugly head again in recent weeks, with news that the interminable disciplinary investigation into two senior Freshfields Bruckhaus Deringer lawyers is likely to be hanging over the firm even longer than first thought.

Unfortunately for Freshfields, there has been little sustained focus on its rivals’ handling of conflicts in the three years since the Law Society launched its initial investigation into the City giant. In fact, there have been notably fewer public examples of firms getting into scrapes over conflicts.