January 2025
Building a High-Impact Legal Team and Beyond
Key takeaways
- 44 specialised legal hires made in one year, including VP and SVP roles
- Exclusive partnership led to expansion into additional areas like fintech sales, cybersecurity, and fund operations
The challenge
A large American fintech firm approached Larson Maddox as they were facing significant challenges in attracting top legal talent. Competing firms in traditional finance, such as hedge funds and private equity, offered higher cash packages, making it difficult for them to secure candidates from the open market. They also required highly specialised skill sets to build out their legal team under the General Counsel, further complicating the search.
The solution
Our team worked closely with the firm to develop a tailored hiring strategy. By investing time in understanding their unique needs and expectations, we created a targeted approach to candidate sourcing. This focused on building strong rapport with potential hires, emphasising the client’s fintech platform’s innovative culture and growth opportunities to offset concerns about lower monetary compensation.
This approach allowed us to identify the right fit for each critical role before introducing them to the client, ensuring quick and seamless interview and onboarding processes for the firm.
The results
Over the course of a year, our efforts delivered outstanding results. We successfully placed 44 candidates at varying levels, including key leadership positions such as VP and SVP, all directly supporting the build-out of the client’s legal team under the General Counsel.
By consistently exceeding expectations, we established ourselves as the client’s exclusive partner for legal talent acquisition.
Larson Maddox is just one of six specialist talent partners that makes up Phaidon International, meaning that companies who work with us have the advantage of multiple industry experts at their disposal under one partnership.
Following the success of our initial placements, we expanded our support to other areas of the business through Glocomms, specialising in technology talent, and Selby Jennings, experts in financial sciences & services. This partnership enabled the firm to address other hiring needs in areas like compliance, fintech sales, software engineering, cybersecurity, and fund operations.
Summary
This client’s journey demonstrates how having specialist legal recruitment support, backed by Phaidon International’s coordinated network of multi-industry talent expertise, can transform companies while reducing the burden of lengthy and frustrating recruitment processes.
Their feedback is a testament the success and strength of our partnership:
I have had the pleasure of working with Larson Maddox for some time now. I believe the power of our partnership started with our consultant taking time to understand what our firm needed and asked questions that clarified our specific asks. She brought more than appropriate candidates for the roles we were looking to fill and properly prepped me and the candidate for each conversation we had. She facilitated and supported the recruiting process by helping our company understand expectations around business needs/skills, compensation, and role expectations. Lastly, she made the recruiting process move as quickly as both sides would allow. I couldn’t be happier with the partnership!