As companies go public, they are hiring talent in investor-relations and legal roles.See more stories on Insider's business pageIt's already been a record-breaking year for IPOs, and this summer is packed with more expected public debuts.
"With the proliferation of SPACS and an IPO market that's hotter now than before 2018 and 2019, top talent is really at a premium," Marshall wrote. Two of Korn Ferry's recent clients, both large, publicly traded companies, had made formal offers to candidates for open roles, only to lose out to a pre-IPO company"that swooped in at the last minute to make an exceptionally big equity offer," Marshall wrote.
Legal recruiters are also seeing a surge in demand for seasoned in-house lawyers for companies looking to go public. The number of clients seeking GCs has increased 37% in the past year, said Monique Burt Williams, CEO of Cadence Counsel, which specializes in in-house legal recruiting.
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