Leverage Model

The ratio of junior to senior staff in a professional services firm. High leverage means many juniors per partner, which drives profit per partner and also means most juniors cannot be promoted, which is the whole mechanism behind up-or-out.

Where Leverage Model comes up

The Consulting Industry: How It Is Structured and How It EarnsThe economics explain the career. Understand the pyramid and the billing model, and up-or-out, the hours and the hiring volumes all stop being mysterious.Read the guide — 10 min

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Related Consulting terms

Engagement Up-or-Out Personal Experience Interview Utilisation Guesstimate Commercial Due Diligence

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