This article, detailing a suit on non-compete clauses and recruiting by company alumni gives a clear indication of why a 3rd party recruiter may often be worth their weight in gold. Companies can protect themselves by using an outside recruiter.
http://www.webguild.org/site.php?url=http://news.idg.no/cw/art.cfm?id=3E4521DD-1A64-67EA-E4E72980E5530596
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