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Well I believe they should lead by example.
How late were they? Did they tell you? Maybe it was part of the test. To see how you react
7 minutes, and no one gave us the heads up that they'd be late or may potentially be late due to prior meetings. Both interviewers clearly didn't want to be there, even though they're supposed to be "neutral."
At least consulting firms will flag this in advance, and if they are late, they've never been more than 5 minutes late to an interview.