BV firms take it slow with hiring and layoffs, while planning for an economic rebound

BVWireIssue #78-3
March 18, 2009

It’s a sentiment offered by a number of BV firm insiders who took the time out to complete our short survey on recruitment and retention. One respondent noted: “This is a great opportunity to hire talent if you also have the ability to wait this out and be poised for whatever comes next. [It’s a] fantastic time to build infrastructure, create awareness in the marketplace, and get one's house in order.” Another who provided a similar sentiment, wrote the following: “The opportunities for valuation, litigation, and forensic services are out there. You have to work a little harder than in the past to get them. Too many people don't want to market their services and as a result see their practices decline. Attorneys, bankers, CPAs, insurance agents, etc. are prime markets for new work.”

Survey results are still coming in, so BV experts interested in offering their views can still take the survey online. As always, all responses are strictly confidential.

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