Answer: £6 million* *Clearly that’s a dirty big asterisk, right? Well, yes. And no. Here’s how we worked it out: Fees Independent research shows that consulting fees for 2nd tier firms are anywhere from 20% lower (graduate consultants) to 60% lower (partners) and are typically, for junior and senior consultants, 45-50% lower. Let’s be [...]
Second tier. Middle tier. Neither term is particularly flattering. Both inherently suggest the existence of a first tier or a top tier, which in turn suggest that the distinction between the two tiers is one of quality. And with the ‘third’ tier cornering the ‘specialist’ tag, that one’s out of the question, too. Perhaps it’s [...]