We are delighted to be recognised in this year’s Fast 50, Recruiter’s ranking of the 50 fastest growing UK private recruitment businesses in the UK a testament to the enduring dynamism and commitment of consultants at Morgan Law.
Even as the storm clouds of the looming recession gathered in the summer of 2008, Morgan Law continued to successfully place more candidates and deliver more assignments than ever before. Despite some recruiters being hit as the downturn began to cut a swathe through the industry from late 2008 on, Morgan Law recorded impressive rates of growth.
The in-depth analysis, carried out by Catalyst Corporate Finance, based on recruitment businesses most up to date accounts, reveals a healthy average growth rate by revenue of 46%.
“We are surprised and pleased by the resilience of the growth rate,” says Tim Evans, head of recruitment M&A at Catalyst, and co-author of the Fast 50.
So what sets the Fast 50 companies apart from their many competitors?
According to Evans, there are some “very clear common denominators” that set the Fast 50 apart from the rest. “It’s about good leadership, high quality consultants and robust systems rather than being about size, geographical location or sector,” he says.
Recruiters in the Fast 50 also tend to go that proverbial extra mile for their clients, suggests Mark Kingston, senior researcher at Catalyst, and co-author of the Fast 50.
Fast 50 recruiters themselves agree that a service ethos and differentiation from the competition are important reasons for their success.
http://www.recruiter.co.uk/Journals/1/Files/2010/1/20/Fast_50.pdf