News reaches Tulkinghorn – anecdotally of course – that although Cadwalader lawyers are said to be massively aggressive over the negotiating table (who on earth could they be trying to emulate? wonders Tulkinghorn) they are actually lovely chaps in the pub. The answer, surely, is do the deals in the Dog & Duck. Just a quick thought to mull over. Antipodean PRs – are they taking over the City? Discuss.