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What is the relevance of executive search professionals in today’s market?

Executive search professionals perform specialized recruitment services that find top-level candidates for senior, executive or other highly specialized positions for the required client-base. Many search firms avoid the cost of a bad hire, by hiring candidates that might not be immediately identifiable in the market. Sometimes, clients go with retained recruiters to find candidates for senior level roles. The client- base usually develops a long- term consolidated relationship with the retained recruiters’ firms. The relationship between the client-base and executive search firm sector can be either contingent or retained. Search firms are paid upon the successful completion of a "search" and sometimes for the process of it depending upon their mutual contracts.  Most corporate companies who decide to use an executive search firm do so because they don't have the internal resources, network, or perhaps even evaluative skills to recruit themselves.  Image Source:- shutte