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From what i’ve seen on PE CDDs, the LEK/OWs of the world maybe 20-30% cheaper, other lesser known boutiques maybe 40-50% cheaper.
Often find that Bain is ‘cheaper’ than M/BCG because they have a lot of ‘off the shelf’ CDD materials and can do 80% of the job in 50% of the time.
Definitely not cheaper lolol
MBB is usually much more expensive. I used to work at a boutique where we charged $400K for a project and one of the MBBs was charging $2M. Granted, I think they expanded the scope a little bit from what we did. My partner works at Big 4 and there was a specific project where MBB was charging 8x what the Big 4 firm was. In this instance I don't know what the differences in scope were.
I would assume this varies WILDLY across practice areas and is dependent on the client and many other factors