Consulting is a market laggard; still very much an accounting firm
Pros
- There is a high probability that someone on your project team will have strong financial skills or a CPA - There's a large contingent in LA, which is rare in the consulting industry (excluding boutique firms) - Unique benefits such as a $500/year wellness stipend
Cons
- The M&A practice is very much in its infancy stage, growing inorganically with leaders coming from various firms - Very inconsistent culture, which is likely a symptom of the above point - Base compensation is lower than peer competitors (i.e. Big 4 audit firms) and even significantly lower than market leaders (i.e. Big 3, Accenture) - Lack of knowledge management; initiatives to mitigate tribal knowledge seem futile - Many B & C players who attribute their talents to low-tier schools - Salary bands are not normalized (e.g. a post-MBA Senior could make more than a Manager), which is a problem being remediated by other firms - Client demographic is very much sub-$1B in revenue category, which is considered low hanging fruit for other firms
