Why would a partner quit an elite London law firm with decades of history, Rolls-Royce support and a superb client base for the uncertain prospects of the City arm of a US rival?
Money is the obvious answer and in a sector in which laterals regularly increase their compensation by 50-100%, that is obviously a big part of the equation. One Freshfields Bruckhaus Deringer rainmaker is currently reported to be sitting on a $10m a year standing offer.
