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Second quarter sees retained executive searches drop

Even as nonprofit sector searches mark deepest decline, the search industry is buoyed by escalation in the amount charged to clients Executive search activity slowed last quarter across nearly all industries, but an increase in individual search fees has kept the industry healthy, according to a report released Aug. 18 by the Association of Executive Search Consultants. The nonprofit sector witnessed the steepest decline in retained executive searches started, at a drop of 24 percent in the second quarter of 2008 compared to last quarter, according to AESC State of the Search Industry Report. But in Washington, there are reports that action is picking up, says Charlie… Read More