(L-R) Awards host AndrewRyan; Howard Rosenberg, CEO, Decipher; awards judge Chris Bull,executive director, Kingsmead Square
Finalists: D2 Legal Technology; LawBid (jointhighly commended); LEXSTEP; Signal Media (joint highlycommended).
Recruitment due diligence provider Decipher was awarded thesupplier innovation for services title in recognition of itslateral hire investigations offering, which provides comprehensivebackground vetting of lawyers anywhere in the world within 10 daysat a low fixed cost.
Conducted by a team of trained analysts, Decipher gathersintelligence and insight on potential hires by building up apersonality and market profile based on confidential interviewswith former colleagues and peers, and researching their online andsocial media presence. The service gives law firms confidence thata potential hire is the right fit for their business and culture,minimising recruitment risk. That could mean saving firms millionsof pounds in salary, bonuses and lost revenue; research shows thatalmost half of lateral hires leave a firm within five years, muchtoo soon to recoup the cost of recruitment.
In one example, Decipher was able to reveal a law firm partnercandidate had a number of professional and personal red flags thathad not been disclosed, and a book of business that had beenoverstated, giving the client a detailed picture of why hiring thatindividual would pose a significant risk.
Probably an essential service in today's climate of highstakes, often unsuccessful lateral hiring, one judge noted.
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