The Company and its subsidiaries is engaged in providing executive search and leadership consulting services to clients on a retained basis.
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Benefiting from high demand in senior-level searches. Revenues have been climbing strong in all geographic segments with total number of executive searches up a lot in recent months. Near term business prospects look a bit shaky given the uncertainty with the economy and job market. If the economy does recover and not stall demand should continue to rise. Cost cutting efforts have helped the bottom line but compensation costs and bonuses are starting to increase and should decrease margins.