Thoughts on an impending disruption to MC industry where billable hours currently drives price rather than outcome or value based pricing?

https://www.cbinsights.com/research/disrupting-management-consulting/?

I’m a 9th year in a mostly litigation-based practice group at a one-tier partnership firm. My group’s billable hours have been low the last few years, so making partner will be nearly impossible, and a counsel position is not viable long-term in my group. What’s the best option here if partnership is the ultimate goal? Try to get a NEP/counsel position at another firm, which is likely difficult in my market, or offer to take a class cut by a few years?

Recently lateraled as a public defender in HCOL area to ID in LCOL area for $$$. I’ve been at the job a little over a month. My concerns are that I’m getting very little guidance or mentorship, and I’m worried about not hitting billable hours (2000 requirement but I am just over 80 for the first month). I am only in charge of a ~5 cases atm and struggle with figuring out the next steps, etc. I’ve met all my deadlines that have come up. Thoughts or advice?

What’s your current billable rate and salary?

Went from a big firm to work for a smaller firm. The people in the smaller firm are protective of their work and are good by their work too. I no longer feel chaos or stress. I am treated with respect and my schedule is more normal. I am even working more billable hours than before, but it feels like a seamless experience. I don’t work then past 5pm or anything out of the ordinary for this time of the year. I am so grateful!

Explain to me like I’m 5. Why does the monthly billable hours goal on things like Intellistat change month to month. I’m not hitting hours this year. Last month goal was 158. This months goal is 180.

What is a material billable hours difference from your peers at the same group? If I bill 150 less a year than another associate should I be worried?

How many billable hours in a month does it take for you to think you are billing a lot?

How many billable hours do people in prosecution tend to average each month? I’ve gone through waves of feeling like my billable hours requirement is reasonable to feeling like I’m drowning and can’t possibly do it for that long.

I heard so much about minimum billable hours here by staff. I never saw that email. Is it inly for certain groups?

How does your firm measure utilization? I work for a small boutique that defines it as utilization = number of billable hours/2,080 and full bonus payout occurs at 80% plus.

So I was a 5th year associate in nyc making 100 k a year 2k billable hours.. I decided to leave for the role Im in now.. my old countered to keep me at 115k (which was like pulling teeth for them) but I left anyways now I find out that they offered a 7th year 150 k and a partner title should I be offended that they didn’t even try more with me

Had 2 hours of billable work today 💀

My firm’s IT (especially system saving and file locating function) is so bad 😐😞 and they keep doing updates no one asked them for just to mess with the stuff we already got a hang of without doing anything about the issues we actually need fixed. Anyone else in a similar boat? Do you bill the client for the time it takes to fix the IT issue (or IT inefficiency generally, like time taken to find a file in a convoluted system)? Or is that supposed to be our non-billable time?

If you are a first year in a stub year, and significantly under billable hours requirement, do firms typically still give pro rated bonus? Do first year stub associates really ever hit their pro rated hours in those 2-3 months?

If you do billable work on a given PTO/vacation day, do you still count that day as vacation? Or do you get that vacation day "back"? Or do you only get the part that you billed "back"? (Or some other option.)

Getting over heartbreak and having a full time job is torture lol. My boyfriend and I just broke up after almost a year of being together. It was such a beautiful relationship but ultimately he just didn’t love me. I love him so much. My mind knows that I deserve reciprocal love and I’m worthy, but I feel physically ill. My body hurts, my stomach is in knots, my head hurts. How is it that I have to mend a broken heart but also meet my billable hours lmao

Any thoughts on Phillips Lytle? If you could please provide insight on culture/billable requirements? Thank you.

Recent lateral junior associate in brand new practice where I'm the only associate. I'm probably going to bill 1,500 hours max this year due to being very slow and taking time off for a delayed honeymoon which I disclosed during my interview process. I have been told my work product is good, I don't turn anything down, I participate in non-billable work, I'm responsive and I always let people know I'm available to help. Do I need to be worried about getting fired for low hours?

If you asked to be considered for early promotion and didn’t get it (despite being highly rated, exceeding billable goal, etc) would you look elsewhere? Is it right to be angry about it? I don’t want to spin myself up unnecessarily if it’s unjustified

What rates are people getting for condos? I’m thinking about selling my condo (I had 3.25%) but my realtor said that the rates are so high now that if I were to buy a similarly priced place, the monthly payment would be like $800 more. I’m bad at math, so I wanted to ask here to confirm this is accurate. Mortgage is around $700k

So really the only exercise I can tolerate is boxing, and those exercises around it. Any thoughts on replicating what I can find at my local boxing gym while on the road?

At some Big 4 companies there is a Partner / Principal group that has equity and are part owners of the business and an equivalent Managing Director group that does not have equity and are essentially employees.

How does it work at McKinsey / Bain ? Do those same distinctions exist across partner types, owner vs non owner?

Hi friends ♥️ a google recruiter reached out to me about a Sellside Privacy Specialist role and am planning an initial phone interview. I am suuuuper out of interview practice. Does anyone have tips or general words of encouragement for me? I hate Deloitte and do not want to mess this up. TIA!

I left an omnicom agency for a Publicis one. My new benefits cost me 250 a paycheck (medical, dental, vision) for my spouse and kids. At omnicom it was 630 per check. That’s fuckin robbery right there.

Dear Fishes,
Plz help with below info.

1. How is WLB in Cognizant for Senior Manager (SM).

2. What's RCGTH Domain in Cognizant ?

3. Is it good to join Cognizant now as Senior Manager considering all the tantrums as many people are moving out of it..

Pls advice.

I am new to wipro..expected salary for Feb month.. Where can I see salary slip.

WIPRO, #WIPRO

What is the market like for entry level data scientists/ data analyst. I have a graduate certificate in data science and have spent the last 27 years as a mainframe dev so I have great SQL skills.

This bowl is crickets and I think we should make it much bigger. Anybody have any ideas how to get more people in his bowl?

Would like some opinions about how likely it is to make product analytics self serve by PMs? Anybody have success here? Or is it hopeless to think that product managers can pull their own data, look at their own dashboards, and do basic data tasks themselves?

I have worked with Forbes top companies, for-profits, non-profits, & startups. I consider myself a solver of complex & complicated problems requiring mixed method research & novel solutions. This has led to issues in self-referencing title. I’ve been project manager, data engineer, developer, modeler, analysts, principle DB developer, etc. Most of my w2 work has been from offers of 1099 clients so I am usually asked to define my own title. Any T-shaped data people who run into this?

Hello Everyone,
Can anyone help me from Barclays, what will be Variable component % which is not part of CTC offered.
HR told me Variable component will be over and above CTC offered.

Any one staying in kumar park infinia, Fursungi and working in Barclays Kharadi?
Need quick information on travelling !! Please help

Does Barclays UK provide onshore opportunity to analysts working in their Indian offices?

Guys is it better to join Barclays as a business analyst from Credit Suisse, considering current situation of Credit Suisse? I am clueless right now.

How do you phase out screen time when you have to be connected all the time? I like the idea of digital minimalism after work hours, but I don't truly have any after work hours.

I heard Deloitte won't apply Green Card till 2 years after joining. I'm 3 years from H1b max out. 2 years is too late for me. Any possibility to get an earlier start during offer negotiation?

Looking for book recommendations; any favorites? Interested in both fiction and educational/self-improvement (for example, investment / finance books, time management, etc). I feel my vocab is...

New joiner. What should I get with my $250 wfh stipend? I already have standing desk, dual monitor, portable monitor, and good headset, not too sure what else I need, but it’s free money. Thanks.

Best books on leadership and sales skills?

Is anyone willing to send me a CV template? Btw, I just need a temple and it's not for consulting position. It's for a job at Intel!

Book recommendations? All genre welcome but I usually read nonfiction

Dave Matthews Band vs John Mayer

What are the best consulting companies in the US focused on Sustainability, either Strategy or Ops?

I have a team member whose mother passed away suddenly and unexpectedly. He is Muslim and I would like to send him a culturally appropriate/traditional bereavement gift. Google searches have produced a myriad of results so hoping I can solicit some streamlined recommendations from any of you out there who have better insight into the traditions/culture than I.

Oh my god! I just finished a 20 minute ad-hoc presentation to my team where I was sharing my screen and I didn't realize that chrome had shortened the "streaming analytics" tab to "streaming anal" 😶

What's the best consulting firms for H1B folks who have studied masters in STEM here? Got a cousin graduating this fall and he needs to know H1B/GC policies.

So hammed on a 5 hour flight right now with so much work I should be doing but 🖕🏼🖕🏼🖕🏼🖕🏼🖕🏼

What are some of the best consulting firms for a software engineer? Is MBB still considered elite in this area too?

Which top consulting firms, if any, will pay for your MBA?

Coffee or green tea?

Has anyone been in a position where they racked up 5-6k in amex expenses because they were late submitting things on time? Did u have to eventually pay it off? Did the firm hold your neck?

So, following that plebe preferences post from last week, I have found myself playing Safeway Monopoly. Like any lonely consultant would, I've gotten into it. Feel free to send me your tickets haha

I'm almost at the point of an offer, and also just started a 6 month long engagement since my utilization was taking a hit. How do you fish recommend dealing with the situation once the offer comes?

anyone ever work for salesforce directly? how has the experience been? why work for consultancies rather than the company itself?

When you're out with friends on Sunday funday and you all take home men. Super FUN day.

PwC CMAAS is the shit ✌🏻✌🏻✌🏻