The executive search and leadership consulting profession continues to grow, according to third quarter trends, with an increase in average fee per assignment (3% year-on-year; 5.81% quarter-on-quarter) driving a 2.75% uptick for year-on-year net revenue. While the average number of searches started declined slightly quarter-on-quarter (1.25%), its year-on-year performance is up 4.87%.

The Q3 State of the Executive Search Industry report reveals that the technology sector had a very strong quarter, moving it into second place behind financial services for average number of searches started (up 18.52% year-on-year and 5.36% quarter-on-quarter).

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