Consulting Partners becoming more Billable

Date: 08-05-2008
Source: The Consultancy Group

A Kennedy report on consulting fees and utilization rates reveals that everty staff level is experiencing a steady rise in utilization rates, with the most significant change occurring at the Partner/Vice President level. In 2004, one-quarter of the professionals at this level were billable no more than 35% of the time.

Now, even those partners that spend the bulk of their time on internal matters and client pursuits are still billable over 40% of the time. A big reason for this change: project sizes are increasing, which is minimizing the amount of non-billable time spent pursuing future ngagements. This trend also reflects the steady increase in utilization rates seen across staff levels.

For profiles of consulting firms, visit our company profiles section.

Click here to return to our homepage

Kennedy, Fees, Utilization and Key Metrics in Consulting 2008, (2008)