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Which way is the split going? You're a little unclear here. A 60/40 split, with the consultant taking 40% is standard fare in many markets, but I have heard it
by icey 18y ago
Which way is the split going? You're a little unclear here.
A 60/40 split, with the consultant taking 40% is standard fare in many markets, but I have heard it's often less favorable in NYC, Boston, DC and the Silicon Valley. I have never consulted for a firm in any of these locations, so I can't provide an answer.
If you're talking about a 70/30 split with you taking 30%, I would say it mostly depends on whether or not the 30% is adequate for you personally.
If you're talking about a 70/30 split with you taking 70%, you would be very hard-pressed to find a more favorable split.
- goodgoblin 18y agoThanks for the info - I am taking 70% of the split, thought before I take the gig I was thinking of trying to extend it to 85%. I am also a little surprised that consulting companies get 60% of the hourly rate a consultant is billed at - that is mind boggling to me.