And as a result, as we get closer, I think you’re going to see activity dip as a result of that because of that volatility and people are going to want to get through it. So, it’s going to manifest itself over time. It’s going to manifest itself in different ways depending upon what type of M&A you’re looking at. But in the aggregate, I think when you get behind it and we’re past the elections, I believe all else equal, we’re going to end up with more activity not less post-election than pre-election.
Brendan O’Brien: Okay, thank you for taking my questions.
Paul Taubman: Absolutely. Thank you.
Operator: Thank you. Our next question comes from Brennan Hawken with UBS. Please go ahead.
Ben Rubin: Good morning. This is Ben Rubin filling in for Brennan. Thanks for taking my questions. My first question is on restructuring. After a record year last year, it looks like you guys had another strong quarter this 1Q, and it seems like the commentary was quite bullish with that respect. I was wondering if you could just give me a sense of where your restructuring pipeline sits today? And you also spoke to record mandate counts within the Strategic Advisory practice. So I was just curious, how does that compare for the restructuring group? And then just lastly, any type of color you can provide around the overall contribution in terms of revenue that the restructuring practice had on this quarter’s results would be helpful. Thanks.
Helen Meates: I’ll answer the last question first. We don’t break out the contribution from each of the businesses. I think we’ve been pretty consistent on that. And then in terms of the pipeline, I think Paul’s commentary about where we see the year ending up versus last year, as you can imagine, the pipeline was not consistent with it.
Ben Rubin: Okay, great. Thanks. And then for my follow-up just is on recruiting. Obviously, last year was a record year and it sounds like it will stay elevated in terms of the pace of this year. And according to the slide deck, which I thought was interesting, there were actually several hires outside of Strategic Advisory. Could you speak to your latest expectations for the overall pace of recruiting this year? And will you continue to add senior level talent in areas outside of Strategic Advisory? Thanks.
Helen Meates: So I’ll talk about the increase in the partner count, which we disclosed in our reports this morning. That does include promotions. So historically, the growth in partners in the businesses outside of Strategic Advisory has usually been from internal promotes. And within Advisory, it’s a combination of internal promotes and new hiring. So when you see increases, you shouldn’t assume that all of that comes from outside.
Ben Rubin: Great. Thanks for taking my questions.
Operator: Thank you. That does conclude today’s Q&A session. I will now turn the call back to Mr. Taubman for closing remarks.
Paul Taubman: Well, thank you all for joining us this morning. We very much appreciate your interest and your support. And we look forward to reconvening after second quarter earnings are released. Thank you very much.
