3 ms·
That's because of leverage. MD : consultant is 1:7 or so. Plus another 1:2 or 3 for admin staff. So there is a limit to the scale of wealth generated. That s
by meetingthrower 4y ago
That's because of leverage. MD : consultant is 1:7 or so. Plus another 1:2 or 3 for admin staff. So there is a limit to the scale of wealth generated. That said, MDs make 10x what entry level consultants get.
This is different than tech where exec : professional staff can be 1:x,000 or more.
(Source: was a consulting MD.)