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You are probably getting paid less than you could be but your billable rate is likely substantially higher.

Not great links but you get the gyst...

https://www.afr.com/politics/federal/revealed-mckinsey-partn...

https://www.quora.com/How-much-does-McKinsey-charge

True. I'd note a couple things here though. The per/hour rates are for creating the contract. Actual prices are fixed. The partner rates aren't likely to be charging every day of a project either, and are comparable to lawyer rates. They're expensive, no disagreement there.

Everything you buy has a markup to pay for expenses and make a profit.

Consultants sell their time, so of course their time is marked up.

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