| April 5, 2001 Hunt-Scanlon Report Shows Top Recruiting Firms Grew 31 Percent in 2000 Stamford, CT, April 5, 2001 — Hunt-Scanlon Advisors, a leading market research firm and online data provider to the executive recruiting industry, today released its preliminary analysis of the calendar year 2000 financial results among the largest retained executive search firms in the U.S. The search industry recorded another year of extraordinary growth, according to the Hunt-Scanlon study, which reported that combined revenues for the 25 largest U.S. firms topped $1.7 billion, representing a 31 percent rise over 1999. On a historical basis, total revenue growth for the Top 25 has grown 24 percent annually since 1995. Hunt-Scanlon's in-depth analysis of the U.S. and global executive search markets will be published in the Hunt-Scanlon State of the Executive Search Industry report scheduled for release in May. "It will be a tough task this year for the search industry to replicate the gains recorded over the last several years," said Brian P. Lee, chief market strategist for Hunt-Scanlon. "Executive search firms no longer have the luxury of turning down search work and instead must now concentrate on business development and brand extension activities to drive future revenue growth. In today's uncertain business environment, those firms with a proven track record of delivering exceptional candidates and outstanding service will fare best. Its back to basics." This year’s industry rankings were compiled from a combination of public and private resources and represent the most comprehensive statistics available on the executive search industry. At hunt-scanlon.com, viewers can access an easy-to-use archive library that covers industry rankings over the past four years for the following Hunt-Scanlon benchmark listings:
Click here to access the search industry statistics. ABOUT HUNT-SCANLON Hunt-Scanlon Corporation is a leading market research firm and online data provider to the executive recruiting industry. The firm publishes daily real time newswires, three monthly newsletters (Executive Search Review, Online Recruiting Strategist and Diversity Monitor), as well as directories of executive recruiters and senior HR executives. The company's flagship recruitment portal for senior executives, hunt-scanlon.com, is a growing online marketplace connecting buyers and sellers of recruiting services worldwide. Within this portal, Hunt-Scanlon operates four leading web sites, including executiveselect.com, recruiterlink.com, diversityonline.com and leadersonthemove.com. A separate operating unit, Hunt-Scanlon Advisors, produces executive-level conferences and in-depth market intelligence reports on human capital and technology issues. Contact Information:
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