Specialist firms

Chatting to a couple of clients in the last week, a word came up that I hadn’t heard for a while: multi-sourcing.

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 conservative and say there are savings of 40% to be had out there.