Clients are using our research function as a key service not just for lateral hires but also for business strategies relating to entry into new markets. These services include:
Market Mapping
Clients will often ask us to undertake a market mapping project in order to help them determine the key people they should approach prior to a hire. This will involve mapping out the entire market providing the client with key information that will allow them to be fully prepared should they wish to move forward rapidly. A market mapping project tends to be a key part of a law firm’s market analysis and ensures a safer way to market entry.
Feasibility Studies
Apex Minds has experience in undertaking feasibility studies relating to the establishment of new practice areas for law firms. We will use our network with in-house counsel and clients in order to help firms determine new sectors to enter or even offices to establish.
Compensation Benchmarking and Analysis
Clients will routinely ask Apex Minds to undertake a compensation and benchmarking survey in order to help them stay competitive and ensure that their employees do not fall prey to threats from competing law firms.