November 2024
Precision Hiring Leads to Portfolio-Wide Success
Key takeaways
- Specialist relocation hire secured through creative headhunting and network connections
- Expanded partnership to multiple placements across the client’s portfolio companies
- 100% success rate in filling every role
The challenge
A healthcare and biotech venture capital firm based in Nashville came to Larson Maddox following an unsuccessful attempt to fill a highly specialist legal role.
Their local talent pool was limited, and despite a nationwide search, the firm struggled to attract candidates who met their rigorous academic and professional requirements, and who would also be willing to relocate to Nashville.
The solution
Larson Maddox adopted a highly targeted approach to address this unique hire, prioritizing quality over quantity and only introducing candidates who had been thoroughly vetted to meet the client’s exact prerequisites.
Our team tapped into our extensive network while also leveraging referrals and direct headhunting tactics. Regular communication ensured that both parties were aligned on priorities and progress, and the client was advised to engage with every candidate presented to them, given the precision and selectivity of the process.
A pivotal breakthrough came from identifying a candidate with a strong local connection: a Vanderbilt Law School graduate who was open to relocating back to Nashville. This individual’s profile perfectly aligned with the firm's expectations.
The results
Larson Maddox successfully placed the professional, who met the client’s high bar for qualifications and academic prestige, and they remain with the firm to this day.
Filling this critical role then led to a broader partnership. The client’s portfolio companies, all operating within the healthcare and biotech sectors, began to engage Larson Maddox for additional legal hiring needs. As a result, multiple legal placements for various life sciences companies have since been made with a 100% success rate, cementing our relationship as a valued and long-term recruitment partner.
Summary
This case study highlights the success of Larson Maddox's highly strategic, precise, and personalized hiring process, which not only filled a critical legal role but also established a long-term partnership.
The client’s feedback reflects their satisfaction with our services:
Larson Maddox was in a sentence; fantastic to partner with on a recent hard to fill legal position within our business. Their understanding of the market and unique nature of the requirements for the industry were spot on in the candidates sourced and presented. Candidate care and communication was stellar. I would work with the Larson Maddox team again and again. They were available when needed for updates and always made our search a priority.