So, in my old office, there was a tiny gap (about 5mm) between the drywall panels and the exterior wall, and we could overhear every conversation from the neighboring office. Whether and how much insulation wool was in there, I couldn't see. But on the other neighboring office, which also had a drywall partition, there was no gap, and I could never hear anything. I would insist that the gap be sealed with something so that there is no "air connection." Whether acrylic or silicone is the right choice, or cord, or even expanding foam, I don't know. But I would want it to be airtight.