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Yes - it seems this is routinely done for H-1B positions. You meet the requirement for having advertised the job by running an ad for 1 day in the back of the fisherman's chronicle. You tailor the job description so closely to the H-1B candidate you've already decided to hire, that it'd be easy to defend why you rejected other candidates (should they inconvenience you by seeing the ad and applying).

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There are no newspaper ads involved in the H-1B program. There is a separate process (LCA) to ensure the H-1B worker is paid the prevailing wage in the location where they're hired. It relies on the Department of Labor making such determination.

Newspaper ad is required for PERM, which is part of the green card process.

When you get a chance please look up the difference between H-1B and PERM.

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