So after just the seven years of claims that he is leaving White & Case, Maurice Allen finally confirmed that he is to head for Freshfields Bruckhaus Deringer along with fellow banking heavyweight Mike Goetz.

It’s an understatement to say White & Case-watchers were not surprised; the intensity of rumours regarding the US firm’s most high-profile UK lawyer had picked up over the last two years. But it was in January when the claims for the first time appeared to be something more substantive than standard City gossip.