Specialist Consultancy Services to the Legal Sector.
Confidential Research, Market Analysis and Senior Level Recruitment Services for Law Firms.
The team at Edward Drummond & Co deliver a market leading practice, working with Global and Domestic Law Firms. We have a first class record within the legal sector, successfully completing numerous projects across every major international jurisdiction and a comprehensive range of disciplines and sectors. Our clients include Transatlantic/Global Elite, Magic and Silver Circle, and leading National firms (both in the UK and elsewhere).
We have an in-depth knowledge of the unique challenges law firms face and we approach all our work with that bigger picture in mind; From the sensitivities surrounding individual partner hires to the complex regulatory, structural and relationship-based market data needed to inform strategic development decisions – the team at Edward Drummond & Co will work alongside you to provide information which draws these strands together and underpins connected decision making.
We generate information which allows you to answer key questions, stress test a ‘working hypothesis’, or access new opportunities – often a combination of all three. We deliver meticulous, accurate and confidential research tailored to the needs of each client. Our findings are distilled into clear, objective reports that bring value to decision making.
How Do We Help?
Accurate, Up-To-The-Minute Investigative Research.
Law firms work with us through individual projects, a particular service line of ongoing work or as an embedded advisory business where we bring all of our skills and products to bear across their life cycle of market research and high-level recruitment requirements. Our ‘tool-kit’ approach allows clients to access either the individual product/service that best solves a particular problem or, at the other end of the scale, to form a holistic partnership which allows us to maximise the data generation, process management and candidate engagement capabilities of our team as an extension of your own. The scale of these embedded relationships, underpinned by activity across Business Intelligence, People Insight and Executive Search / Recruitment can be engineered over time to create a feedback loop which transcends individual projects to offer a wider perspective on key topics of interest for the firm.
For all businesses, senior people have a substantial effect on success. This is especially true within the legal sector, where lawyers both create and deliver the product and, in doing so, are an intrinsic part of it – people buy capability, but they also buy people and especially so when considering professional advisors. Our approach bridges the gap between ‘business metrics and optimisation’, and the practical realities of human beings operating in imperfect markets where relationships, structural/technical service provision and market perceptions all also play a part.
We take a straightforward and diligent approach to understanding your business and the information which will be of most value to you. We seek out that information and then we help you to interpret and utilise it. Law firms choose us to help them better understand their markets, their clients and their people. Should this then lead to a senior level hiring requirement, we can combine our extensive executive search experience to act on your behalf in approaching and securing partners and teams.
Generating views relating to the structure and depth of a given market, the key individuals therein and your teams position in comparison.
• Due Diligence
• Market Mapping
Analysing market views of the opportunity within a given market in the context of
your specific business, its structure,
capabilities and objectives.
• Competitor Analysis
• Feasibility Studies
• Client Listening
• New Business Analysis
• Service Provider Analysis
A committed approach to identifying and securing the most suitable candidates. Representing your business with integrity and authenticity. Treating candidates with care.
• Executive search
• Non-executive search
• Candidate Management
Clients Around the Globe.
A top 10 International law firm on the global build out of a practice area, across 6 jurisdictions. 100+ Client and Lawyer source calls across these jurisdictions helped to shape the strategy and related requirements, informing the firms approach to reshaping its delivery teams and approach to market, and identifying key partner level gaps in provision. Source calls paired with online data generation then identified the candidates of most relevance where, in partnership, ED approached a range of these (and our client several others where a relationship already existed).
ED handled the candidate management phase of all interested prospects leading to 9 partners hired across 4 jurisdictions. ED then worked with the firm in the identification and efficient approach/onboarding of associate teams in support. All of the data from the above research was collated and efficiently presented to then provide value for ongoing internal programmes across business development/client listening, onward hiring and internal benchmarking.