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The Shift: Amid Legal Layoffs, An AI Talent Race is Heating Up

These days, a mercurial economic forecast, oscillating between recession and solid footing, is leaving many perplexed about what to expect in the months to come. But for some law firms, the situation is clearer: demand is dropping, and finances are becoming tighter. As a consequence, they're shrinking their operations and laying off staff.

But even here, the picture isn't so straightforward. Many of those downsizing are also hiring in areas that they believe will continue to thrive in any economic downturn, and give them a competitive edge in the near future.