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Re: sentiment_stocks post# 59775

Tuesday, 04/26/2016 8:59:40 PM

Tuesday, April 26, 2016 8:59:40 PM

Post# of 698822
Exactly, how many times do you think ultra competitive consulting firms remove themselves from an engagement? Unless the client isn't paying their bills, then darn near zero.

Consulting firms live on stretching out engagements as long as possible to bill out more hours. Or they have predetermined engagement fees for projects. I have worked at a consulting firm and prepared billing as an interim head accountant. It was a small firm at just $20 million in annual billings. They would never give up a client, it's cutthroat competitive.
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