Hardly a socialist profession at heart, news of the Government's bailout of the banking sector has been met with a mixed reaction from the legal community.

After recently ringing round to canvas opinion on the near-communist £50bn rescue package for the nation's failing financial institutions, Diary spies were greeted with an interesting cross-section of opinions.

There was a large contingent who fell in the "Thank f*** my client's still solvent camp," with an even larger contingent in the: "Thank f*** I'm still solvent" camp.

However, one jovial partner managed to put a new slant on it altogether.

"I was speaking to one of our banking clients the other day – he was moaning about bill deadlines and the rest of it," the partner said.

"My response? 'Zip it, mate, I pay your wages now.'"