As he announced the company’s results yesterday, chief executive Terry Benson said: ‘The short-term outlook remains difficult.’
The company admitted that as anticipated, the current year started slowly and the current level of activity was below the first quarter of 2001.
It said: ‘Our current expectation is that revenue in the first quarter will be no better than the £49.9m achieved in the fourth quarter of 2001.’
Benson added the company’s recovery during the rest of the year depends on the volatility of the specialist recruitment market and its exposure to international economic conditions.
Harrison Beale & Owen will (HB&O) have a new chairman and managing director at the helm for 2017
Satvir Bungar promoted to managing director in the mergers and acquisitions team
Carolyn Brown appointed as the first head of client legal services practice RSM Legal
UK senior partner Phil Verity has been elected for a second term at Mazars