How AI Is Upending How Consulting Firms Hire Talent

Skilled companies corporations reminiscent of blue-chip regulation corporations and administration consultancies have lengthy relied on a easy expertise technique: rent giant quantities of keen and succesful younger associates to do the “heavy lifting” on the agency, liberating up companions and different senior workers to promote new work and set technique. These associates would then be winnowed out over time. They both moved on to different work (usually the agency’s shoppers), burned out or dropped out due to the corporations’ historically unsupportive family-leave insurance policies, or, in uncommon circumstances, continued to a life-long profession on the agency. On the time of their hiring, not often would any of those younger associates be assessed for his or her future potential to turn out to be companions. With such a numbers sport primarily based on excessive attrition, there was no want: Skilled companies rely on giant entry-level swimming pools to ultimately yield just some companions, roughly one or two per 100 on the status corporations.