Technology

Axiom’s New Permanent Recruitment Solutions Now Available in Asia

Published

7 months ago

June 17, 2024

Axiom expands its comprehensive suite of solutions for in-house legal teams in Asia with the introduction of recruitment solutions, dramatically reducing time to hire and improving quality for top-calibre legal talent

NEW YORK and SINGAPORE and HONG KONG, June 17, 2024 /PRNewswire/ — Today Axiom, the global leader in high-quality legal talent and cost-effective law firm services, announced new permanent recruitment solutions designed to help clients in Singapore and Hong Kong fill open legal positions with world-class talent in a fraction of the time typically required. These new solutions further extend the company’s comprehensive suite of services and were developed to meet growing demand from clients who want to tap into Axiom’s bench of top-rated legal consultants to fill permanent positions on their teams quickly and cost-effectively. A full 90% of clients report Axiom’s legal talent are as talented or even better than their counterparts at traditional law firms.

“Our new recruitment solutions help our clients overcome long-standing challenges in legal hiring, such as prolonged timelines, uncertainty about fit, and difficulty in finding the right talent,” said Sara Morgan, Chief Talent Officer for Legal Talent. “We have thousands of world-class legal consultants on our bench across 14 practice areas. We believe we hire more legal talent than anyone else in the world—including traditional recruiters—so we have unique expertise in legal recruiting beyond corporate HR teams and executive search firms. Our new recruitment solutions build on our longstanding leadership in the legal talent marketplace with truly fantastic talent, creating additional value and flexibility for in-house teams.”

Axiom’s recruitment solutions give clients two easy ways to rapidly find and hire permanent placements. Both solutions capitalize on Axiom’s expansive talent network, benefit from Axiom’s legal industry expertise, and help address unique requirements associated with legal recruiting.

Axiom’s permanent placement solution offers clients direct permanent placements for open legal roles for legal consultants and legal operations. As an exciting value-add, current clients can now use Axiom as their full-service legal talent partner—for sourcing, recruiting, and vetting talent for specific roles—ensuring access to top-tier talent for permanent hiring. With Axiom’s permanent placement solution, the client already has the headcount approved, they already have the role opened, they know exactly what they’re looking for, and they want to fill the role fast. We can find, submit, and supply high-quality legal consultants in just a few days or weeks—instead of the months it takes traditional executive search firms and HR teams—by tapping our global network of vetted professionals.

Axiom’s interim-to-perm solution gives clients the ability to engage an Axiom legal consultant on an interim basis, ensure they’re the right fit for the company, and then move them to a full-time permanent position with ease. They can also use interim-to-perm to mitigate existing budget constraints until they have secured headcount approval, or even to test a need on a team before requesting the necessary headcount and budget. Clients engage Axiom talent with the intent to convert legal consultants to a full-time position at the end of the initial contract period. This gives clients the flexibility to accurately assess a legal consultant’s performance and compatibility before committing to a permanent placement.

The hiring challenge is real. Employers estimate the total cost to hire a new employee can be three to four times the position’s salary, and that it costs a company six to nine months of an employee’s salary to replace them, according to a report by The Society for Human Resources Management (SHRM). And when a bad hire turns over, the total cost—including lost training, lost productivity, and the time managers invest in supporting HR-specific roles of the hiring process—is typically about 40% of the individual’s salary.1

Upping those costs: delays in hiring for professional roles exacerbated by job market trends. Applications per job opening across both business and technical roles have tripled since 2021, overwhelming recruiters and extending an already painfully long recruiting cycle.2 From January 2021 to January 2024, growth in job applications that HR recruiters must plod through has grown 207% for business roles and 161% for technical roles.3

Lastly, and perhaps most importantly, satisfaction with HR services is inconsistent. It’s swung wildly since 2014 from a low industry average Net Promoter® Score (NPS) of 8 (“good”) to a high of 46 (“favourable”). But in that same 10-year period, not once has it approached Axiom’s current legal services industry-leading talent NPS of 68, which lands Axiom at the high end of the “excellent” category.4,5

“Axiom is delighted to give our clients a one-stop-shop for all their legal resourcing needs by expanding our offerings with recruitment solutions for Hong Kong and Singapore;” said Sheryl Satsangi, Director of Talent for Axiom Asia. “Our clients trust us to deliver uncompromising ‘white glove,’ high-value service that helps them meet their legal resourcing requirements quickly and accurately. With our deep knowledge and experience in recruiting, vetting, and placing top-notch legal consultants across a wide range of practice areas and industries, Axiom is uniquely suited to provide our clients with a much faster and more efficient way to hire the finest legal talent available.”

For more information or to talk to an Axiom representative, visit https://www.axiomlaw.com/singapore or https://www.axiomlaw.com/hong-kong. For more information about Axiom, please visit our Singapore or Hong Kong websites, hear from our experts on the Inside Axiom blog, and connect with us on LinkedIn.

Related Axiom News

Axiom’s AI Legal Talent Bench Surpasses 200 Legal Consultants Axiom Completes Over 250 Large Legal Projects Axiom Achieves Industry-Leading Scores for Talent Quality

About Axiom

Axiom is where high-calibre legal talent meets full-service law firm work. We invented the alternative legal services industry 24 years ago and now serve more than 1,500 legal departments globally, including 68% of the Fortune 100, with 95% client satisfaction. Axiom gives small, mid-market, and enterprise clients a single trusted provider who can deliver a full spectrum of legal solutions and services across more than a dozen practice areas and all major industries at rates up to 50% less than national law firms. To learn how Axiom can help your legal departments do more for less, visit axiomlaw.com.

Net Promoter® and NPS® are registered trademarks of Bain & Company, Inc., Fred Reichheld and Satmetrix Systems, Inc.

1 https://www.shrm.org/topics-tools/news/talent-acquisition/real-costs-recruitment
2 https://time.com/6287012/why-finding-job-is-difficult
3 https://www.ashbyhq.com/talent-trends-report/reports/2023-trends-report-applications-per-job
4 https://www.clearlyrated.com/solutions/blog/2023-nps-benchmarks-for-the-hr-services-industry
5 https://www.qualtrics.com/experience-management/customer/net-promoter-score

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SOURCE Axiom

Technology

RADCOM to Report Fourth Quarter and Full Year 2024 Results on February 12, 2025

Published

7 minutes ago

January 15, 2025

Management to hold a conference call on the same day at 8:00 AM ET

TEL AVIV, Israel, Jan. 15, 2025 /PRNewswire/ — RADCOM Ltd. (Nasdaq: RDCM) announced today that it will report its financial results for the fourth quarter and full year 2024, which ended December 31, 2024, on Wednesday, 12, February 2025, before the opening of trade on the Nasdaq Stock Market.

RADCOM’s management will hold an interactive conference call on the same day at 8:00 AM Eastern Time (3:00 PM Israel Standard Time) to discuss the results and answer participants’ questions.

A live webcast of the presentation will be available at https://Veidan.activetrail.biz/radcomq4-2024. The webcast will be archived for 90 days following the live presentation.

To join the interactive call, please call one of the following numbers approximately five minutes before the call is scheduled to begin:

From the US (toll-free): +1-866-652-8972
From other locations: +972-3-9180644

A conference call replay will be available the same day on the Company’s investor relations website, www.radcom.com/investor-relations.

For all investor inquiries, please contact:

Investor Relations:
Miri Segal
MS-IR LLC
msegal@ms-ir.com

Company Contact:
Hadar Rahav
CFO
+972-77-7745062
hadar.rahav@radcom.com

About RADCOM

RADCOM (Nasdaq: RDCM) is the leading expert in 5G ready cloud-native, network intelligence solutions for telecom operators transitioning to 5G. RADCOM Network Intelligence consists of RADCOM Network Visibility, RADCOM Service Assurance, and RADCOM Network Insights. The RADCOM Network Intelligence suite offers intelligent, container-based, on-demand solutions to deliver network analysis from the RAN to the core for 5G assurance. Utilizing automated and dynamic solutions with smart minimal data collection and on-demand troubleshooting and cutting-edge techniques based on machine learning, these solutions work in harmony to provide operators with an understanding of the entire customer experience and allow them to troubleshoot network performance from a high to granular level while reducing storage costs and cloud resource utilization. For more information on how to RADCOMize your network today, please visit www.radcom.com, the content of which does not form a part of this press release.

View original content:https://www.prnewswire.com/news-releases/radcom-to-report-fourth-quarter-and-full-year-2024-results-on-february-12-2025-302351552.html

SOURCE Radcom

Technology

NJFX Welcomes Multinational Bank to Ecosystem Advancing Cloud and AI Connectivity

Published

7 minutes ago

January 15, 2025

WALL TOWNSHIP, N.J., Jan. 15, 2025 /PRNewswire/ — NJFX, the Tier 3 carrier-neutral cable landing station and colocation campus is thrilled to welcome another major multinational bank into its robust ecosystem. This new partnership underscores NJFX’s pivotal role in facilitating secure, efficient, and resilient network strategies for financial organizations.

The latest addition to the NJFX ecosystem represents a leading European financial institution with over 160 years of heritage and a presence spanning 65 countries. The bank’s expertise in Private Banking, Insurance, Global Banking and Investor Solutions, and International Retail, Mobility, and Leasing Services positions it as a critical player in the global economy. Leveraging NJFX’s unique infrastructure, the bank aims to enhance its private and public cloud connectivity and explore advanced AI applications, setting a benchmark for innovation and resilience.

NJFX’s Wall, New Jersey campus is the hub where leading global cloud operators interconnect with transatlantic subsea cables linking Europe, South America, and the Caribbean. By joining NJFX’s, the bank secures unprecedented access to diverse, carrier-neutral pathways, ensuring a “never down” approach to its global operations. NJFX’s ecosystem offers an unique connectivity model guaranteeing transparency and true diversity, aligning with the stringent requirements of the financial market.

“Our ecosystem has always been a cornerstone for industries requiring unparalleled network reliability and global reach,” said Gil Santaliz, Founder and CEO of NJFX. “Welcoming this esteemed financial institution further validates our vision to provide transformative infrastructure that supports not just today’s needs but also tomorrow’s advancements in AI and cloud technologies.”

The collaboration exemplifies NJFX’s commitment to serving the financial sector with cutting-edge connectivity solutions. As NJFX continues to expand its global footprint, this partnership highlights its role in bridging continents and fostering innovation.

About NJFX
NJFX owns and operates a Tier 3 Connectivity Hub offering data center, colocation, and CLS services in Wall, New Jersey. Hosting over 35 global and US operators providing direct transatlantic connectivity to Europe, South America, and the Caribbean. NJFX offers high and low-density colocation solutions with 24/7 support. NJFX provides a carrier-neutral marketplace to operators, content providers, enterprise, financial, and government entities who need network reliability, security, and scalability. The NJFX facility enables diverse connectivity options and ensures cost efficiency by offering direct interconnection without recurring cross-connect fees.

For media inquiries, please contact:
Emily Newman – Director of Marketing
emily@njfx.net

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SOURCE NJFX

Technology

GSV Announces the 2025 GSV Cup 50

Published

7 minutes ago

January 15, 2025

CHICAGO and NEW YORK and SAN FRANCISCO, Jan. 15, 2025 /PRNewswire/ — The GSV Cup, presented by Amazon Web Services (AWS) and GSV Ventures, is proud to unveil the 50 most innovative digital learning and workforce skills startups that are poised to revolutionize “PreK to Gray” learning in 2025 and beyond.

The world’s most innovative digital learning and workforce skills startups.

With the most nominations in GSV Cup history, 1,900+ nominations were evaluated using GSV’s “Five P’s” framework—People, Product, Potential, Predictability, and Purpose—to select the top 50 pre-seed and seed-stage startups advancing innovation across early childhood, K-12, higher education, workforce learning, and adult consumer learning.

“Startups are the lifeblood of the ASU+GSV community,” said Deborah Quazzo, Managing Partner of GSV Ventures and Co-founder of the ASU+GSV Summit. “The GSV Cup 50 are the brightest stars of tomorrow, enabling Learning at the Speed of Light for educators, workforce leaders, and learners everywhere. We’re proud to recognize these early-stage innovators as they revolutionize learning in the age of AI.”

The 2025 GSV Cup 50 are Amigo, Atypical AI, Avoca, Axio AI, Bloom App, Boddle, BrightBee, Brisk Teaching, Careerflow.ai, Cerebry, Class Companion, Coconote, Doowii, Ed Machina, Eddi, Ednition, Emversity, Fizz, Flint, Gizmo, Glasp, GrowthSchool, Heeyo, Hoogly, Kollegio, Lightscreen Ai, Ludenso, Lyssn, Masters’ Union, Mentava, Mesa School, mytalents.ai, OutSmart College, Paloma, Praxis AI, Puzzicle, Quizard AI, SchoolAI, Schoolytics, SigIQ, Sizzle AI, Skillfully, Snorkl, Solvely.ai, Stimuler, TAP, Toko, Unriddle, Upsmith, and Woolf.

Of the 50, 78% are US-based, with additional representation from India, Singapore, Norway, Austria, and Australia. The GSV Cup 50 will showcase their innovations at the 16th Annual ASU+GSV Summit, April 6-9, in San Diego, CA.

Learn more here.

ABOUT ASU+GSV
Founded in 2011, GSV is a global platform driving education and workforce skills innovation. We believe ALL people deserve equal access to the future and that scaled innovations in “PreK to Gray” learning and skills are crucial to achieving this goal. The GSV platform includes the ASU+GSV Summit, hosted annually in San Diego with 7,000+ attendees; the third annual India-based ASU+GSV & Emeritus Summit; and The AI Show @ ASU+GSV, an immersive exploration of the AI Revolution in education, which welcomed 10,000+ attendees in 2024. GSV Ventures, founded in 2015, is a multi-stage venture fund investing in the most transformational companies across the global “PreK to Gray” landscape.

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SOURCE ASU+GSV Summit