I actually do assume we’ve now constructed a agency that, whereas it’s not full, we’re constantly seeking to make ourselves higher. We’re extremely well-positioned to answer these macro occasions, and we’ve got a platform to answer these occasions regardless. So, it’s a special situation. We’re rather a lot additional alongside within the investments we’ve made.
— Richard Trobman, chair of Latham & Watkins, commenting on the variations between the firm’s response to the Great Recession — that’s, layoffs en masse — versus the coronavirus disaster, what place such austerity measures had been reportedly “never even considered.”
Staci Zaretsky is a senior editor at Above the Law, what place she’s labored since 2011. She’d love to listen to from you, so please be happy to email her with any suggestions, questions, feedback, or critiques. You can keep track of her on Twitter or join along with her on LinkedIn.