Not quite.

But legal publisher Sweet & Maxwell has found that 60 per cent of financial directors at the UK’s top 100 firms said that major clients have been exerting major pessure on them to trim fees. So much so that it will have a negative impact on profits this year.

Which led to this great headline from CityAM: Law firm profits to be hit by bartering

Conjuring up images of clients turning up with a goat and a loaf of bread in exchange for some legal work.

Despite the Bank of England’s money printing exercise, we’re not there yet but Legal Week did report recently that Eversheds was considering taking shares in client companies in exchange for fees. So not far off.