US News

Legal sector suffers largest drop in two years

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In sharp contrast with the national unemployment rate, the legal industry has suffered its largest one-month drop in jobs in two years in June 2013, the second month in a row it has experienced negative numbers.

Initial reports from the Bureau of Labor Statistics show the legal sector lost 3,600 jobs in June, the most sizable loss for the profession since June 2011 saw 3,300 jobs lost, according to the Daily Report.

Original estimates put losses in May to only 500, but revised numbers have placed the sector at a loss of 2,900 jobs instead, which analysts consider a worrying fall. These numbers come after March and April brought combined gains of nearly 4,000 legal jobs.

Things don’t look much better for law students nationwide, as the unemployment rate for 2012 law school graduates sits at 12.8 percent, according to MLive. The average in some states is even worse, as almost 18 percent of Michigan law school graduates from that year remain unemployed.

Small firm hiring is where many recent graduates are likely to find jobs, excepting students from the University of Michigan who were likely to be hired at firms with more than 100 employees.

Chemical, Engineering, Manufacturing, Placement Annoucements, Plastics

Zach Price & TRG Chemical Technologies Complete Successful Search

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(Richmond, VA) July 19, 2012 – The Richmond Group USA is pleased to announce the successful completion of a retained search for a Group Leader – Paper Coatings in the Midwestern U.S. Our client is an industry-leading manufacturer of coatings. This role requires an experienced Chemical professional, with demonstrated paper manufacturing industry experience, who could provide solid technical service experience, research leadership and management of product development projects.  

The company’s products are in demand on a global scale and they are expected to significantly increase production over the next several years. This person will be a key member of their Global Paper business, thus it was critical to find a well-rounded Paper industry professional with proven chemical research experience to support the company’s on-going growth supplying chemicals to the paper industry.  

By working closely with the client we developed a deep understanding of their corporate culture and the caliber of individual it takes to be successful in the role. Zach Price and his team were able to identify and attract an outstanding candidate with the personality and chemical and paper industry expertise to make a positive impact on the global business. 

Finding top talent to grow your business requires access to professionals who are not always actively seeking a new job. What are you doing today to secure your future talent needs?

For more information or about our firm and finding top talent in the Chemical or Plastic Manufacturing industry please contact Zach Price & TRG Chemical Technology division at 804-285-2071 or email Zach at zachp@richgroupusa.com 

Accounting, Manufacturing, Placement Annoucements

Krissy Whitaker & TRG Accounting and Finance Complete Successful Search

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(Roanoke, VA) July, 19 – Krissy Whitaker and the Accounting & Finance Search Division are pleased to announce the successful conclusion of our recent search for a Controller. Our client is a leading natural resources company, who partnered with us to identify, attract and secure the very best local talent for this role.
 
Our search was specific to the New River Valley region of Virginia, where we worked to best identify a candidate with both the technical accounting expertise required and the entrepreneurial spirit to spearhead a brand new role for the company.
 
The new Controller has a strong foundation in public accounting, where he was able to support a variety of clients with their accounting needs. As a graduate of The University of Virginia and military veteran, this CPA will serve as an excellent leader for a growing and dynamic team.
 
Should you desire additional information about this successful search or about our firm, please contact Krissy Whitaker, Director of the Accounting & Finance Division at 804-285-2071 or email Krissy at krissy@richgroupusa.com

Accounting, Manufacturing, Placement Annoucements

Krissy Whitaker & TRG Accounting and Finance

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(Waynesboro, VA) June, 20 – Krissy Whitaker and the Accounting & Finance Search Division are pleased to announce the successful conclusion of our recent search for a Plant Controller. This search was conducted for our client, a leading global engineered materials company, focused primarily on the production of nonwoven materials.

While this search was national, the new Plant Controller will be based in Waynesboro, VA.

Our search was focused on identifying a true accounting professional with both the technical expertise and the strategic vision to take the facility to the next level in their recent expansion.
 
The new Plant Controller has impressive accomplishments in the manufacturing industry relative to coordinating and overseeing standard costing processes. His career long involvement in manufacturing will prove an essential component for process improvement and improved production efficiencies. He will become an integral player in the growth and prosperity of the team and the overall future success of the organization.
 
Should you desire additional information about this successful search or about our firm, please contact Krissy Whitaker, Director of the Accounting & Finance Division at 804-285-2071 or email Krissy at krissy@richgroupusa.com. 

Uncategorized

Accounting graduate hiring reaches new all-time high

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Demand for accounting professionals and recent graduates has reached an all-time high.

According to a new study by the American Institute of Certified Public Accountants (AICPA), CPA firms hired a record 40,350 new accounting graduates last year, up from the previous high of 36,112 in 2007 before the economic downturn, the Journal of Accountancy reported.

The demand for new accountants is expected to continue this year, with the AICPA noting that 89 percent of firms said they would likely hire more graduates in 2013.

At the same time, a recent Talent Shortage Survey found that 48 percent of businesses are having trouble filling accounting and finance jobs because they are having a difficult time finding qualified workers with both technical and soft skills, especially when it comes to management positions.

“Most undergraduate accounting majors are trained or educated to be financial accountants – doing audits, attestation, and compliance,” Jeff Thomson, president of the Institute of Management Accountants, told Accounting Web. “Yet, if they go to work at a company, in addition to the financial accounting work, they’re also going to have to do performance management, budgets, forecasts, work with IT on enterprise resource planning and be involved in strategic discussions.”

Thomson said that more companies need to offer internship programs and provide employee development in order to prepare financial professionals for leadership roles.

Engineering, Manufacturing, Placement Annoucements

Bruce Peacock & TRG Manufacturing Complete Successful Industrial Engineer Search

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RICHMOND, June 13, 2013 – Bruce Peacock & The Manufacturing Search Team of The Richmond Group USA (TRG) are pleased to announce the successful conclusion of an Industrial Engineer search for an industry leading commercial equipment manufacturer.

Our client company has a solid reputation for producing high quality products.  Their advantage has always been producing value-added “engineered products” vs. their competitors “commodity products.”  Working closely with the Manager of Industrial & Manufacturing Engineering, we took on the challenge to find an individual who had the proven experience utilizing classical industrial engineering concepts to enhance assembly processes, improve quality and reduce costs.  This critical position required us to find a Degreed Industrial Engineer (BSIE) who had the proven skills and abilities but also the strong interpersonal skills to work in a team environment.