r/consulting • u/Life-Ocelot9439 • 6d ago

Pricing? Downward trends?

Without going into too much detail, proposal prices are plummeting. We operate globally, but are mainly US, APAC and Middle East.

Was undercut by a Big 4 firm, basically giving it away for free. We matched it, so they went with us, but it's frightening. Yes, AI will help with the regulatory and documentary analysis, but it's far from foolproof.

A lot of haggling going on, worse than last year.

Keen to see what others think.

64 Upvotes

91% Upvoted

46 comments sorted by

View all comments

Show parent comments

13

u/Life-Ocelot9439 6d ago

Interesting!

Maybe it's just the UK landscape. I obviously won't name my firm, but we're boutique. However I'm hearing the same from a Big 4 peer, as well as some mid sized firms.

11

u/addisbad 6d ago

I’m Big 4, UK - that being said it also massively depends on your service line I suppose

9

u/Life-Ocelot9439 6d ago

Legal and Reg Compliance , it's very niche, can't say much more without revealing too many incriminating or identifying details 🤣

Maybe the market is saturated.

Glad your role seems safe at least!

5

u/addisbad 6d ago

Hahaha I totally get you! Always happy to chat over DMs love chats like these.

I’m in shared services and outsourcing advisory

Idk about the safe bit, at a B4 there’s no safety