Avid Allen & Overy (A&O) spotters will know that the esteemed managing partner of the City titan, David Morley, is up for re-election in the coming months – assuming he again tosses his proverbial hat into the ring marked ‘unnecessary stress’.

Loved-up A&O associates will not be the only ones in the City rooting for Big Dave to carry on for a second term. Indeed, Morley will be able to count on the support of at least one banking partner at a key City rival, who recently relived with The Diary his joy when Morley first gave up fee earning to concentrate on whatever it is managing partners actually do.