Connect with us

Technology

Axiom’s New Permanent Recruitment Solutions Now Available in Asia

Published

on

Axiom expands its comprehensive suite of solutions for in-house legal teams in Asia with the introduction of recruitment solutions, dramatically reducing time to hire and improving quality for top-calibre legal talent

NEW YORK and SINGAPORE and HONG KONG, June 17, 2024 /PRNewswire/ — Today Axiom, the global leader in high-quality legal talent and cost-effective law firm services, announced new permanent recruitment solutions designed to help clients in Singapore and Hong Kong fill open legal positions with world-class talent in a fraction of the time typically required. These new solutions further extend the company’s comprehensive suite of services and were developed to meet growing demand from clients who want to tap into Axiom’s bench of top-rated legal consultants to fill permanent positions on their teams quickly and cost-effectively. A full 90% of clients report Axiom’s legal talent are as talented or even better than their counterparts at traditional law firms.

“Our new recruitment solutions help our clients overcome long-standing challenges in legal hiring, such as prolonged timelines, uncertainty about fit, and difficulty in finding the right talent,” said Sara Morgan, Chief Talent Officer for Legal Talent. “We have thousands of world-class legal consultants on our bench across 14 practice areas. We believe we hire more legal talent than anyone else in the world—including traditional recruiters—so we have unique expertise in legal recruiting beyond corporate HR teams and executive search firms. Our new recruitment solutions build on our longstanding leadership in the legal talent marketplace with truly fantastic talent, creating additional value and flexibility for in-house teams.”

Axiom’s recruitment solutions give clients two easy ways to rapidly find and hire permanent placements. Both solutions capitalize on Axiom’s expansive talent network, benefit from Axiom’s legal industry expertise, and help address unique requirements associated with legal recruiting.

Axiom’s permanent placement solution offers clients direct permanent placements for open legal roles for legal consultants and legal operations. As an exciting value-add, current clients can now use Axiom as their full-service legal talent partner—for sourcing, recruiting, and vetting talent for specific roles—ensuring access to top-tier talent for permanent hiring. With Axiom’s permanent placement solution, the client already has the headcount approved, they already have the role opened, they know exactly what they’re looking for, and they want to fill the role fast. We can find, submit, and supply high-quality legal consultants in just a few days or weeks—instead of the months it takes traditional executive search firms and HR teams—by tapping our global network of vetted professionals.

Axiom’s interim-to-perm solution gives clients the ability to engage an Axiom legal consultant on an interim basis, ensure they’re the right fit for the company, and then move them to a full-time permanent position with ease. They can also use interim-to-perm to mitigate existing budget constraints until they have secured headcount approval, or even to test a need on a team before requesting the necessary headcount and budget. Clients engage Axiom talent with the intent to convert legal consultants to a full-time position at the end of the initial contract period. This gives clients the flexibility to accurately assess a legal consultant’s performance and compatibility before committing to a permanent placement.

The hiring challenge is real. Employers estimate the total cost to hire a new employee can be three to four times the position’s salary, and that it costs a company six to nine months of an employee’s salary to replace them, according to a report by The Society for Human Resources Management (SHRM). And when a bad hire turns over, the total cost—including lost training, lost productivity, and the time managers invest in supporting HR-specific roles of the hiring process—is typically about 40% of the individual’s salary.1

Upping those costs: delays in hiring for professional roles exacerbated by job market trends. Applications per job opening across both business and technical roles have tripled since 2021, overwhelming recruiters and extending an already painfully long recruiting cycle.2 From January 2021 to January 2024, growth in job applications that HR recruiters must plod through has grown 207% for business roles and 161% for technical roles.3

Lastly, and perhaps most importantly, satisfaction with HR services is inconsistent. It’s swung wildly since 2014 from a low industry average Net Promoter® Score (NPS) of 8 (“good”) to a high of 46 (“favourable”). But in that same 10-year period, not once has it approached Axiom’s current legal services industry-leading talent NPS of 68, which lands Axiom at the high end of the “excellent” category.4,5

“Axiom is delighted to give our clients a one-stop-shop for all their legal resourcing needs by expanding our offerings with recruitment solutions for Hong Kong and Singapore;” said Sheryl Satsangi, Director of Talent for Axiom Asia. “Our clients trust us to deliver uncompromising ‘white glove,’ high-value service that helps them meet their legal resourcing requirements quickly and accurately. With our deep knowledge and experience in recruiting, vetting, and placing top-notch legal consultants across a wide range of practice areas and industries, Axiom is uniquely suited to provide our clients with a much faster and more efficient way to hire the finest legal talent available.”

For more information or to talk to an Axiom representative, visit https://www.axiomlaw.com/singapore or https://www.axiomlaw.com/hong-kong. For more information about Axiom, please visit our Singapore or Hong Kong websites, hear from our experts on the Inside Axiom blog, and connect with us on LinkedIn.

Related Axiom News

Axiom’s AI Legal Talent Bench Surpasses 200 Legal ConsultantsAxiom Completes Over 250 Large Legal ProjectsAxiom Achieves Industry-Leading Scores for Talent Quality

About Axiom

Axiom is where high-calibre legal talent meets full-service law firm work. We invented the alternative legal services industry 24 years ago and now serve more than 1,500 legal departments globally, including 68% of the Fortune 100, with 95% client satisfaction. Axiom gives small, mid-market, and enterprise clients a single trusted provider who can deliver a full spectrum of legal solutions and services across more than a dozen practice areas and all major industries at rates up to 50% less than national law firms. To learn how Axiom can help your legal departments do more for less, visit axiomlaw.com.

Net Promoter® and NPS® are registered trademarks of Bain & Company, Inc., Fred Reichheld and Satmetrix Systems, Inc.

https://www.shrm.org/topics-tools/news/talent-acquisition/real-costs-recruitment
https://time.com/6287012/why-finding-job-is-difficult
https://www.ashbyhq.com/talent-trends-report/reports/2023-trends-report-applications-per-job
https://www.clearlyrated.com/solutions/blog/2023-nps-benchmarks-for-the-hr-services-industry
https://www.qualtrics.com/experience-management/customer/net-promoter-score

 

 

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/axioms-new-permanent-recruitment-solutions-now-available-in-asia-302173722.html

SOURCE Axiom

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Galaxy Digital Inc. Announces Pricing of $3.507 Billion of Senior Secured Notes

Published

on

By

NEW YORK, July 23, 2026 /PRNewswire/ — Galaxy Digital Inc. (NASDAQ: GLXY) (“Galaxy” or the “Company”), a global leader in digital assets and data center infrastructure, today announced that its indirect wholly owned subsidiary, Galaxy Helios Data Centers II LLC (the “Issuer”), has priced a $3.507 billion private offering (the “Offering”) of 9.875% senior secured notes due 2031 (the “Notes”). The Offering is expected to close on July 28, 2026, subject to market and other conditions.

The Issuer intends to use the net proceeds from the Offering to finance a portion of the development and construction of two buildings containing eight data halls with a combined total of 400 megawatts (“MW”) of utility capacity and 260 MW of critical IT capacity (the “Project”) to be built on an approximately 260-acre property in Dickens County, Texas and to fund debt service reserves.

The Notes will bear interest at a rate of 9.875% per annum payable semi-annually in cash in arrears on February 1 and August 1 of each year, beginning on February 1, 2027 and will mature on August 1, 2031. The Notes will amortize at a rate of 4.00% per annum of the original principal amount subject to adjustment, with amortization payments payable semi-annually with the first payment date to occur at least ten months after the completion of the Project.

The Notes will be fully and unconditionally guaranteed by Galaxy Helios II LLC, a wholly owned direct subsidiary of the Issuer (the “Guarantor”), and will constitute the senior secured obligations of the Issuer and the Guarantor. The Notes and related note guarantee will be secured by first-priority liens on (i) substantially all assets of the Issuer and the Guarantor, other than certain excluded property and (ii) all equity interests of the Issuer held by the direct parent company of the Issuer.

The Offering is subject to market and other conditions, and there can be no assurance as to whether, when or on what terms the Offering may be completed.

The Notes have not been registered under the Securities Act or the securities laws of any other jurisdiction, and the Notes may not be offered or sold in the United States absent registration or an applicable exemption from registration under the Securities Act and any applicable state securities laws. The Notes will be offered only to persons reasonably believed to be qualified institutional buyers under Rule 144A under the Securities Act and outside the United States to non-U.S. persons in reliance on Regulation S under the Securities Act.

This press release shall not constitute an offer to sell, or a solicitation of an offer to buy the Notes, nor shall there be any sale of the Notes in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Galaxy

Galaxy Digital Inc. (Nasdaq: GLXY) is a global leader in digital assets and data center infrastructure, delivering solutions that accelerate progress in finance and artificial intelligence. Our digital assets platform offers institutional access to trading, advisory, asset management, staking, self-custody, and tokenization technology. In addition, we develop and operate cutting-edge data center infrastructure to power AI and HPC workloads. Our 1.63 GW Helios campus in Texas positions Galaxy among the largest and fastest-growing data center developers in North America. The Company is headquartered in New York City, with offices across North America, Europe, the Middle East, and Asia.

Forward Looking Statements

This press release includes forward-looking statements, including statements relating to the completion, size and timing of the Offering, the terms of the Notes and the intended use of proceeds. The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and includes this statement for purposes of complying with these safe harbor provisions. Forward-looking statements represent the Company’s current expectations regarding future events and are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those implied by the forward-looking statements. Among those risks and uncertainties are market conditions, including market interest rates, the satisfaction of the closing conditions related to the Offering and risks relating to the Company’s business, including those described in periodic reports that the Company files from time to time with the SEC. The Issuer may not consummate the proposed Offering described in this press release and, if the proposed Offering is consummated, cannot provide any assurances regarding the final terms of the Offering or the Notes or its ability to effectively apply the net proceeds as described above. The forward-looking statements included in this press release speak only as of the date of this press release, and the Company does not undertake to update the statements included in this press release for subsequent developments, whether as a result of new information, future events, or otherwise, except as may be required by law.

View original content to download multimedia:https://www.prnewswire.com/news-releases/galaxy-digital-inc-announces-pricing-of-3-507-billion-of-senior-secured-notes-302833899.html

SOURCE Galaxy Digital Inc.

Continue Reading

Technology

The Finish Line that Changed China: Retracing the Long March to Yan’an

Published

on

By

BEIJING, July 23, 2026 /PRNewswire/ — A news report from China.org.cn on the Long March, and what it means for China today:

 

Every journey has a destination.

But some destinations become the beginning of something even greater.

This is Yan’an.

Over 90 years ago, an army of soldiers embarked from Yudu, Jiangxi Province, on a journey that would go down in history.

They crossed snow-capped mountains, vast grasslands and raging rivers, eventually arriving in northern Shaanxi.

Across this grueling 12,500-kilometer journey, they wrote a magnificent epic in human history with willpower and courage.

Here, their Long March came to a victorious end. But a new chapter of history was only beginning.

In Yan’an, the Red Army found time to recover and rebuild, and the Central Committee of the Communist Party of China regrouped, gathering strength for the next chapter.

Here, new ideas were debated, new strategies were shaped, and a vision for China’s future gradually took form.

Today, while preserving its revolutionary legacy, Yan’an has grown into a vibrant, modern city — with a greener environment, thriving industries and happier lives for its people.

Nearly 90 years ago, American journalist Edgar Snow came to northern Shaanxi, seeking to uncover a story that few outside China knew. He later chronicled it in his book “Red Star Over China,” which carried the story of the Long March to the world.

Today, people from around the world are once again retracing those steps.

As part of China International Communications Group (CICG)’s “Together on the Long March” international communication project, participants have spent more than a month retracing the route across six key regions.

From Jiangxi to Shaanxi, they followed the Red Army’s journey and witnessed the remarkable changes that have taken place along the way.

I asked them one simple question: What does this journey mean to you?

Zhavier Harris, marketing and communications manager at the Springfield Urban League, said conversations with local residents and descendants of the Red Army made history feel far more immediate than he had expected.

He said history isn’t as distant as we often think. “We’re only one or two generations from these great sacrifices that led to the development and the greatness that we see from the Communist Party of China and China as a whole.”

David Ferguson, honorary chief English editor at Foreign Languages Press under CICG and a recipient of the 2021 Chinese Government Friendship Award, said the journey deepened his understanding of the Long March.

He said the journey helped him understand not only the historical facts, but also what the Red Army endured. “If you see the Long March merely as a military campaign, it ended in Yan’an. But as a spirit, it has never truly come to an end.”

We came to retrace history. We leave with something more: a deeper understanding of China’s past, a clearer view of its present, and perhaps a greater appreciation for the stories that connect us across cultures.

Edgar Snow called the Long March “an Odyssey unequalled in modern times.” He believed that what sustained it was a flame — consisting of an undimmed ardor, an undying hope and an amazing revolutionary optimism.

Ninety years later, that flame still burns.

Passed down through generations, the spirit of the Long March continues to light China’s path forward.

And as it crosses borders and cultures, it offers the world a glimpse of a nation defined by resilience, perseverance and an enduring drive to move forward.

China Mosaic
http://www.china.org.cn/video/node_7230027.htm 

The Finish Line that Changed China: Retracing the Long March to Yan’an
http://www.china.org.cn/video/2026-07/23/content_118614941.shtml

View original content to download multimedia:https://www.prnewswire.com/news-releases/the-finish-line-that-changed-china-retracing-the-long-march-to-yanan-302833900.html

SOURCE China.org.cn

Continue Reading

Technology

Visa and Lianlian Advance Trusted B2B Agentic Commerce Through LoopXPay’s First Live B2B Agentic Transaction

Published

on

By

First live B2B agentic transaction in Greater China highlights how AI-enabled commerce can help SMBs streamline purchasing and payments, supported by Visa’s Agentic Directory for trusted AI agent interactions

SINGAPORE, July 24, 2026 /PRNewswire/ — Visa (NYSE: V), a global leader in digital payments, and Lianlian DigiTech Co., Ltd. (“Lianlian”), an AI-native global financial infrastructure provider, today announced the first live B2B agentic transaction completed using LoopXPay, Lianlian’s AI agent. 

Small and medium sized businesses (SMBs) often lack dedicated procurement teams and spend valuable time sourcing, purchasing and making payments themselves. In the transaction, the LoopXPay agent was used to source a product sample from a supplier and complete the purchase in a single workflow. The agent identified the purchasing requirement, recommended suitable suppliers, compared options, placed the order and securely executed the payment within a single workflow, while operating within pre-defined spending controls and approval parameters.

The milestone highlights how AI-powered commerce experiences can help SMBs simplify purchasing and payment activities while maintaining appropriate controls and oversight. By enabling AI agents to operate within pre-defined spending parameters and approval controls, businesses can reduce manual effort while retaining visibility into commercial decision-making.

As AI agents become more involved in purchasing and payment activities, businesses will require confidence that transactions are being executed by verified participants, within approved parameters and with appropriate oversight. Capabilities aligned with Visa’s Trusted Agent Protocol can help provide the identity, transparency and controls needed to support these interactions.

As part of the collaboration, LoopXPay has been registered in Visa’s Agentic Directory, enabling participating businesses and merchants to identify verified AI agents within the ecosystem. Supporting the implementation of Visa’s Trusted Agent Protocol, the Agentic Directory helps provide greater transparency into agent-driven interactions and confidence that participating agents have met Visa’s requirements.

“AI-powered commerce experiences can help businesses simplify purchasing and payments while maintaining the controls and oversight they require,” said Darren Parslow, Global Head, Visa Commercial Solutions, Visa. “For SMBs, that means less complexity in managing day-to-day commercial activities and more time focused on growth. As businesses increasingly look to embed intelligence into purchasing and payment experiences, trust will become a critical enabler of adoption. Through our collaboration with Lianlian, we are helping advance the trusted foundations that businesses will need to participate in this next era of commerce with confidence.”

Building on this milestone, Visa and Lianlian are exploring how AI agents can support a broader range of commercial activities, including procurement, digital advertising optimisation and B2B platform payments, helping advance trusted commerce through greater efficiency, transparency and control.

Zhang Zhengyu, Founder, Chairman of the Board and CEO, Lianlian DigiTech, said, “AI is reshaping the entire commercial value chain, where a growing number of business activities will be autonomously executed by AI agents, with payments serving as the critical infrastructure connecting them to global commerce. Leveraging its experience in global cross-border payments, compliance, as well as payment network, LianLian is actively building AI-native financial infrastructure, delivering an integrated suite of capabilities for the Agent Economy, spanning identity verification, transaction authorisation, intelligent payment, and global fund settlement. Through this collaboration with Visa, we aim to combine Lianlian’s AI-native capabilities with Visa’s trusted global network and commercial payment expertise to help businesses transact more securely, intelligently and efficiently in an increasingly agent-driven commerce environment.”

About Visa

Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, sellers, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at Visa.com.

About Lianlian

Lianlian DigiTech Co., Ltd. (“Lianlian DigiTech” or “Lianlian”) was founded in 2009 and listed on the Main Board of the Hong Kong Stock Exchange in 2024 (stock code: 2598.HK). As China’s leading global provider of digital and intelligent payment services, Lianlian adheres to its mission of “Connecting the world, empowering global commerce” and pursues an “AI-Native + Globalization” strategy. The Company is committed to building a trusted global intelligent financial infrastructure, enabling seamless connectivity between Chinese enterprises and global businesses.  As of now, Lianlian has established a global licensing portfolio comprising 68 payment licenses and related qualifications, and holds a VATP license issued by the Hong Kong SFC. It supports services in more than 200 countries and regions and enables transaction settlement in over 140 currencies, connecting over 180 global e-commerce platforms and serving a cumulative total of over 13.3 million customers. Learn more at www.lianlian.com.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/visa-and-lianlian-advance-trusted-b2b-agentic-commerce-through-loopxpays-first-live-b2b-agentic-transaction-302833916.html

SOURCE Visa Worldwide Pte. Limited

Continue Reading

Trending