If you haven’t been following Dechert’s epic courtroom drama with one of its former clients, you’re probably wondering why the acronym ‘ENRC’ constantly appears in your inbox. But I urge you to familiarise yourself with it.

Starting in 2011, more than ten years and millions of pounds later, the debacle this week finally reached its conclusion at London’s High Court. Replete with allegations of duplicity, conspiracy and dishonesty, it’s the kind of cautionary tale you can imagine people telling junior lawyers, warning them of the dangers of getting too ambitious, too greedy, promising too much, and of failing to keep hubris in check.

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