While the economic downturn certainly adds a layer of complexity to the lateral partner recruitment process, it does not render it an insurmountable task.
As firms strive to remain competitive in an increasingly crowded marketplace, marketing and business development professionals can and should play a critical role in driving growth and helping generate revenue.
Two post-doctoral students set up a lab in Sullivan & Cromwell's offices to develop and train AI technology. Its capabilities could alter the very fabric of being a lawyer.
"As a result we had a small number of redundancies in Australia. These were difficult decisions to make and those individuals were closely supported through the process," a spokesperson said.
