Axiom, the global leader in high-quality legal talent and cost-effective law firm services, has officially launched new permanent recruitment solutions designed to help clients fill open legal positions with world-class talent in a fraction of the usual timeline. According to certain reports, the stated development can be divided into two particular segments, both capable of leveraging Axiom’s expansive talent network and legal expertise to address unique requirements associated with legal recruiting. Talk about these two segments on a slightly deeper level, we begin from Axiom’s permanent placement solution, which can offer current clients direct permanent placements across open legal roles for lawyers and legal operations. You see, the solution comes decked up with an ability to let users treat Axiom as their full-service legal talent partner when it comes to sourcing, recruiting, and vetting talent for specific roles. But what makes the company an ideal candidate to collaborate on such an initiative? Well, the answer resides in its global network of vetted professionals, a network that goes a long way to help the company find, submit, and supply high-quality lawyers in just a few days or weeks. Next up, we have Axiom’s interim-to-perm solution. This one, like the name suggests, makes it possible for clients to engage an Axiom lawyer on an interim basis. Given the lack of a lock-in, users can enjoy the flexibility to study how effectively and seamlessly a candidate fits into their company’s culture. If they like what is put on the display, they can move the candidate to a full-time permanent position at the end of their contract. Not just for candidate analysis, though, this solution also becomes useful in the context of mitigating budget constraints until the client has secured headcount approval. Complimenting the same is how users can further test a need on a team before requesting the necessary headcount and budget.
“Our new recruitment solutions help our clients overcome long-standing challenges in legal hiring, such as prolonged timelines, uncertainty about fit, and difficulty in finding the right talent,” said Sara Morgan, Chief Talent Officer for Legal Talent at Axiom. “We have thousands of world-class lawyers on our bench across 14 practice areas. We believe we hire more legal talent than anyone else in the world—including traditional recruiters—so we have unique expertise in legal recruiting beyond corporate HR teams and executive search firms.”
The development provides an interesting follow-up to one report published by the Society for Human Resources Management (SHRM). The said report states that when a bad hire turns over, the total cost, including lost training, lost productivity, and the time managers invest in supporting HR-specific roles of the hiring process, is typically about 40% of the individual’s salary. Another detail contextualizing the importance of such a move pertains to how applications per job opening, across both business and technical roles, have tripled since 2021. You see, from January 2021 to January 2024, growth in job applications went up by almost 207% for business roles, and 161% for technical roles. In case that wasn’t enough, we must mention, while satisfaction with HR services range from a low industry average Net Promoter® Score of 8 (good) to a high of 46 (favorable), not once has it breached Axiom’s current legal services industry-leading talent NPS of 68. This lands the company at the high end of the “excellent” category.
