Loading...
Market Intelligence2018-10-12T16:24:21+00:00

Clients are increasingly demonstrating their confidence in JCI’s capabilities by using our research function as a separate service tool to gather bespoke market insights.

The legal market intelligence we deliver is now informing a diverse range of business strategies, not necessarily directly related to lateral hires.

These strategies include:

Research

Research – By employing an in-house team of research associates, JCI has a uniquely high ratio of research professionals to consultants. Our researchers’ meticulous work underpins every project, as they spend four to six weeks identifying and evaluating potential hires. We believe that one of the most significant factors that contributes to our success is our team’s unrivalled insight into the legal sector.

Crucially, the time we put into research ensures that a prospective hire is never oversold, or indeed overlooked. Without rigorous checks, it would be all too easy to exaggerate a candidate’s suitability. Equally, we uncover the potential of people who would be missed by anything but the most thorough investigations.

Market Mapping

Market Mapping Where clients are considering making a hire or entering a new market and wish to gather data relating to that market, JCI can undertake a market mapping project.

Clients also instruct us to conduct mapping exercises as part of the early stage preparations in making a hire. This will involve mapping out the entire relevant market and will provide the client with extensive information, enabling the organisation to make choices about its strategic growth and be fully prepared to act quickly if they decide to move forward. Frequently, a market mapping exercise is a critical component of a competitor analysis project.

Feasibility Studies

Feasibility Studies – By employing an in-house team of experienced researchers, JCI has an excellent ratio of research professionals to consultants. Our researchers’ meticulous work underpins every project, as they spend four to six weeks identifying and evaluating potential hires. We believe that one of the most significant factors that contributes to our success is our team’s unrivaled insight into the legal sector.

Crucially, the time we put into research ensures that a prospective hire is never oversold, or indeed overlooked. Without rigorous checks, it would be all too easy to exaggerate a candidate’s suitability. Equally, we uncover the potential of people who would be missed by anything but the most thorough investigations.

Competitor Analysis and Perception Surveys

Competitor Analysis and Perception Surveys Many of our clients are concerned with their positioning in the market and market perception. These issues are closely interlinked with attracting and retaining both employees and clients. JCI can undertake competitor analysis or a market perception survey which will enable client organisations to understand how their competitors are organised and/or how they are perceived in the market by their clients and peer organisations.

This will assist in identifying weak spots in a practice or organisation and will often result in changes that can strengthen the business and ultimately improve the bottom line.

Compensation Benchmarking

Compensation Benchmarking – JCI undertakes compensation benchmarking projects on behalf of clients.

A compensation benchmarking project assists clients in ensuring that their compensation structure is competitive and in line with the market, so that they are not falling prey to threats from competitors.