Good News
The global executive search market shows signs of recovery after two relatively flat years. This is good news overall because I believe that recruitment firms are economic bellwethers - typically we tend to see a slow down in our business before the rest of the market notices and we tend to pick up when people are still moaning about how bad the market is.
"After surviving a nearly 40% drop in professional fee revenue in 2001 and 2002, the 20 Largest Retained Executive Search Practices Worldwide posted a 2% gain in professional fee revenue in 2003, according to the just-released annual search firm rankings issue (March 2004) of Executive Recruiter News (ERN), whose publisher has tracked the global business of executive search since 1970."
Read more here.
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