When two Freshfields partners met for dinner in London last year, it didn’t take long for their discussion to turn to the firm’s US investment and its impact on the wider business.
One partner began rattling off back-of-the-envelope calculations about how much the firm’s ambitious stateside expansion was costing him personally. ‘This is costing me pounds on every point,’ he complained to his dinner companion. ‘Why should I invest in it?’
