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Leopard Solutions Publishes Inaugural Lateral Partner Hiring Survey

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Lateral hiring on the rise, focus on strengthening practice areas to drive long-term growth

NEW YORK, Dec. 18, 2024 /PRNewswire/ — Leopard Solutions, the premier provider of legal business intelligence and analytics, today published the results of its inaugural 2024 Lateral Partner Hiring Survey conducted in partnership with Wisnik Career Enterprises. This survey, which captures responses from nearly 100 legal industry professionals specializing in talent acquisition and recruitment, underscores the transformative impact of lateral hiring on law firm growth and strategy.

The survey data reveals an evolving landscape where proactive strategies, diversity initiatives, and operational refinements are pivotal. These insights illuminate how firms are navigating the complex dynamics of lateral hiring to drive growth and maintain competitiveness. Firms are increasingly prioritizing proactive recruitment strategies, with 69% of respondents focusing on identifying and sourcing lateral candidates. This aligns closely with the emphasis on strategic planning, noted by 64%, which highlights the importance of integrating lateral hires with long-term organizational goals. Additionally, the data indicates that strengthening practice areas is the leading driver of lateral partner recruitment, with 39% of respondents identifying this as their focus. Firms are demonstrating less interest in geographic expansion or client-centric market share growth, reflecting a measured and targeted approach to enhancing specialized expertise and meeting client demands.

“Lateral hiring in the legal industry has evolved significantly, reflecting the growing strategic importance of this recruitment practice for law firms,” said Laura Leopard, Founder and General Manager of Leopard Solutions. “Insights from our inaugural survey paint a vivid picture of how firms are refining their strategies to navigate the complexities of lateral hiring while fostering growth and maintaining a competitive edge.  Despite early cries of doom at the start of the year, our data shows that the lateral market has been brisk and outpacing entry level hiring once again in the Top 200 firms so far this year.”

Key findings from the survey include:

Demonstrating the critical importance of revenue contribution, 92% of firms prioritize a candidate’s book of business.Specialized expertise (72%) is a close second, reinforcing the demand for niche skills to drive growth in high-demand practice areas.Effective sourcing and referral processes are pivotal, as 35% of lateral partner hires come from referrals—partners leveraging their professional networks from previous firms, deals, or associations. Utilizing tools like Leopard Solutions for strategic targeting and implementing streamlined conflict and background checks can reduce inefficiencies, speeding up the hiring process.A growing emphasis on gender diversity, with 81% of firms actively recruiting more female lateral partners.Cultural and strategic alignment (67% and 51%, respectively) remain vital for ensuring seamless integration and long-term success.

“This marks the most significant growth we have observed in the expansion of recruiting roles within law firms, with 56% of teams focused on lateral partner hiring reporting an increase,” said Eva Wisnik, President & Founder, Wisnik Career Enterprises. “This trend reflects the growing recognition of the strategic importance of dedicated recruitment professionals, as firms increasingly adopt proactive hiring strategies to remain competitive in the evolving legal landscape.”

To learn more about Leopard Solution’s 2024 Lateral Partner Hiring Survey and leading collection of legal intelligence insights, visit www.leopardsolutions.com/thought-leadership/unlocking-success-lateral-partner-hiring-strategies/.

About Leopard Solutions
Leopard Solutions, a SurePoint company, is a leading provider of legal market intelligence with over 20 years of experience. We offer real-time, curated insights to help legal professionals enhance their business and recruitment strategies. Serving a broad range of clients—including law firms, recruiters, law schools, and corporations—Leopard Solutions provides data solutions for job searches, recruitment, and competitive intelligence. Our technology is continuously updated to ensure relevance and accuracy, building a strong reputation for reliability.  

Leopard Solutions was acquired by SurePoint Technologies, a leading provider of innovative legal software that improves workflow and financial performance for mid-sized law firms.  

Learn more at www.leopardsolutions.com. 

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SOURCE Leopard Solutions LLC

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PREFORMED LINE PRODUCTS ANNOUNCES QUARTERLY DIVIDEND

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December 18, 2024

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CLEVELAND, Dec. 18, 2024 /PRNewswire/ — The Board of Directors of Preformed Line Products (Nasdaq: PLPC) on December 3, 2024, declared a regular quarterly dividend in the amount of $.20 per share on the Company’s common shares, payable January 21, 2025, to shareholders of record at the close of business on January 7, 2025.

ABOUT PLP

PLP protects the world’s most critical connections by creating stronger and more reliable networks. The company’s precision-engineered solutions are trusted by energy and communications providers worldwide to perform better and last longer. With locations in 20 countries, PLP works as a united global corporation, delivering high-quality products and unparalleled service to customers around the world.

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SOURCE Preformed Line Products

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Cassia Networks Releases the M1500 Enterprise-Grade Compact Bluetooth Gateway, Enhancing Enterprise Application Flexibility

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December 18, 2024

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Cassia Networks presents the new M1500, a compact Bluetooth Gateway designed to provide flexible and cost-effective solutions for enterprise IoT applications.

SAN JOSE, Calif., Dec. 18, 2024 /PRNewswire/ — Today, Cassia Networks, Inc., a leading provider of enterprise Bluetooth IoT products and solutions, announces the launch of its new M1500 Bluetooth Gateway in China. Further announcements for the global release will follow.

Cassia’s M1500 is a compact and cost-effective Bluetooth gateway that delivers exceptional performance.

Cassia’s M1500 is a compact and cost-effective Bluetooth gateway that delivers exceptional performance. It is designed to be easy to install and use, offering the convenience of supporting both Wi-Fi and Ethernet as backhaul options, along with Power over Ethernet (PoE) supply capabilities.

The M1500 provides customers with enterprise-grade security, flexibility, and scalability, making it an ideal solution for deploying IoT projects in a cost-effective manner. Like all of Cassia’s Bluetooth gateways, the M1500 can be managed using Cassia’s IoT Access Controller (AC), which stands as the industry’s most robust enterprise Bluetooth network management solution.

The M1500 also supports Bluetooth roaming and positioning, features that are shared with other Cassia enterprise Bluetooth gateways such as the M2000, E1000, and X2000. It serves as a complementary addition to this lineup.

The M1500 is available in two distinct versions: the M1500 Standard and the M1500-XT. The M1500 Standard is an indoor model equipped with an omni-directional antenna. In contrast, the M1500-XT is designed for outdoor use, featuring a robust outdoor enclosure and a directional antenna.

The versatility of the M1500 gateway allows it to be utilized across a wide range of industries and applications. These include continuous vital sign monitoring in hospitals, telehealth, Industrial IoT, smart campuses, supply chain management, and personnel and asset tracking.

Felix Zhao, CEO of Cassia Networks, expressed his enthusiasm about the new product, stating, “We are thrilled to announce the M1500. This addition enhances our suite of enterprise IoT solutions by providing flexible, secure, and cost-effective connectivity for our enterprise customers.”

To learn more about the M1500 technical specifications visit: https://www.cassianetworks.com/products/m1500-bluetooth-gateway/

About Cassia Networks

Cassia Networks is the leading provider of enterprise Bluetooth IoT products and solutions. Our patented technology provides the most reliable and easy to manage long-range, multiple device connectivity, edge processing and locationing for Bluetooth IoT networks. Our mission is to solve the IoT connectivity, locationing and management challenges faced by today’s enterprises and make IoT easy.

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SOURCE Cassia Networks

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Pye-Barker Fire & Safety Launches into Maine, New Hampshire and Vermont, Acquiring Seacoast Security

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December 18, 2024

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ATLANTA, Dec. 18, 2024 /PRNewswire/ — Pye-Barker Fire & Safety – the largest fully integrated and full-service fire protection, life safety and security services provider in the United States – has acquired Seacoast Security, a Northeast leader in security systems, fire alarms and video surveillance with eight locations in Maine, New Hampshire and Vermont. These locations will be Pye-Barker’s first in these three states, marking important milestones for the company. By partnering with values-aligned organizations like Seacoast, Pye-Barker is in nearly every continental state.

“The decision to join Pye-Barker came after thoughtful consideration for all those we serve and the legacy of Seacoast.”

Since 1976, under the oversight of H. David Haynes, Seacoast Security has built a strong reputation for excellence in the industry, specializing in integrated security systems, fire detection and alarms, CCTV and access control. Today’s owners, Stephen and Scott Haynes, started as technicians and have upheld their father’s commitment to prioritizing relationships with customers, team members and communities.

“The decision to join Pye-Barker came after thoughtful consideration for all those we serve and the legacy of Seacoast Security,” said Seacoast Co-owner Scott Haynes. “We’re grateful to our loyal customers, 94 dedicated employees and trusted partners who have supported us throughout this journey, and we believe all will benefit from continued success and innovation under Pye-Barker’s leadership.”

“This new partnership will enhance the company’s growth and bolster our ability to continue offering high-quality security products and services,” added Co-owner Stephen Haynes. “We are confident that Pye-Barker shares our values and will continue to build on the strong foundation we have established.”

“Pye-Barker is committed to honoring the legacies of the owners and families who choose to join us,” said Pye-Barker CEO Bart Proctor. “Together, we are stronger in our shared goals to serve our communities with pride, provide for our teams and protect our communities.”

Seacoast’s highly qualified team will continue to serve customers in New England, delivering the same quality service and dependability.

In the transaction, Barry Epstein of Vertex Capital represented Seacoast, and Nelson Mullins Riley & Scarborough LLP represented Pye-Barker.

About Pye-Barker Fire & Safety

The U.S. leader in fully integrated life safety systems, Pye-Barker Fire & Safety provides complete fire protection and security systems nationwide. With over 230 locations and 7,000 team members nationwide, Pye-Barker ranks No. 849 on the Inc. 5000 and No. 8 on the SDM 100.

Visit pyebarkerfs.com/acquisitions to learn why we’re the industry’s acquirer of choice.

Contact:
Eric Garner
Chief Business Development Officer
801.395.8738
eric.garner@pyebarkerfs.com

Media:
Alycia Volpe
media@pyebarkerfs.com 

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SOURCE Pye-Barker Fire & Safety

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