Its clients are pretty diverse, covering all levels of government, healthcare, legal, startups, financial services, and more. McKinsey, Boston Consulting Group and Bain & Company dominate the consulting industry, most notably the field of strategy as Forbes highlights in its annual US consulting ranking. Headquarters: Boston, MA. Globally, Mercer is also the largest investment consultant and delegated services (OCIO) provider, with over $15 trillion in assets under advisement (as of June 2020) and over $300 billion in assets under management (as of September 2020). Some firms are very small and specialized, and others are massive and have their hands in every business sector imaginable. Headquartered in New York City, Mercer exudes a large global presence, with more than 25,000 employees operating in more than 130 countries. The firm was recognized in the 2021 Vault Consulting 50 list of the best consulting firms to work for. Headquarters: Chicago, IL. The "doing what is right" credo permeates its firm culture, leading Kenway to continually be included in the top ranks of best companies for work-life balance listings. NERA Economic Consulting As one of the top-rated boutique consulting firms, Clarkston Consulting has a solid and well-defined history of success in terms of service and clients served. It is often the first firm mentioned when industry experts discuss the Big Four accounting firms, keeping competitive pace with its rivals Deloitte, KPMG, and PwC. The main industries it focuses on is consumer products, retail, and life sciences. In 2002, Protiviti was formed with the recruitment of more than 700 Arthur Andersen staffers (in the wake of its collapse), including some 50 partners of the firm. It is distinguished by the clarity of its insights and the credibility of its experts, which include leading international academics and industry specialists. It has also been the recipient of numerous awards and recognitions, including being named one of Modern Healthcares Best Places to Work 2021 and Best in KLAS in four different categories in 2022: Healthcare Management Consulting, Digital Transformation Consulting, HIT Advisory Services, and Financial Improvement Consulting. Back Bay Life Science Advisors is ranked among the Best Boutique Consulting Firms, according to the Vault 2022 rankings. Since being launched in 1998, the firm has grown significantly, and now has over 200 employees across offices in Boston, London, New York, and San Francisco. Insigniam partners with its clients to blend inherent business insights with its expert, unique methods for alternative thinking, sculpting behavior, and execution of results. The Keystone Group. The firm has more than 500 employees across 13 offices in North America, Europe, and Asia. The firm teams up with a multitude of Fortune 50 technology companies as well as global consumer brands such as Facebook, GE, Intel, Roche, Amazon, Microsoft, and Oracle. This includes strategy development for biopharmaceutical, biotechnology, diagnostics, and related fields. The Brattle Group provides consulting services and expert testimony in economics, finance, and regulation to corporations, law firms, and public agencies. #9 in informal team training. services nearly all industries and functions, it is best regarded for its work in healthcare and private equity. Technology and management consulting firm Kenway specializes in technology solution delivery, enterprise program leadership, and information insight. A boutique life science strategy consulting firm are looking for an experienced, entrepreneurialSee this and similar jobs on LinkedIn. 18. Grant Thornton LLP is one of Americas largest audit, tax and consulting firms. They were even brought on to provide change management and strategic communications during a merger of agencies under the umbrella of US Customs and Border Protection Agency. Based in Boston, Massachusetts, Charles River Associates (CRA) is a global consulting firm specializing in management consulting and economic litigation. Back Bay Life Science Gallery . Headquarters: San Francisco, CA. Headquarters: Evanston, IL. Remarkably, Marsh's $5.98 billion in 2016 revenue accounted for 45% of the parent company's total fiscal year revenue. 5. Corporate Finance and Restructuring provides business turnaround services, including support for restructuring, litigation, insolvency, and interim management. It has consistently been the #1 most valued brand in the consulting industry and is associated with cutting-edge strategic approaches. The Chartis Group consists of more than 550 talented professionals across four offices in Boston, Chicago, New York, and San Francisco with the experience and capabilities required to transform healthcare. Feb 1, 2023. . Strategic Communications handles public relations services for customers managing financial, regulatory and reputational challenges. Established in 1997, CSG recently celebrated 25 years serving as a trusted advisor to the public sector. By the latest reckonings, Tata Consultancy Services (TCS) is the largest and most valuable IT services provider in the world. Founded in New York City during the mid-1980s (by former Booz Allen Hamilton partners Alex Oliver and Bill Wyman), the firm has since become the fastest-growing management consulting firm today. Now based in New York City, much of the firm's success stems from its unique culture of hard work and zealous employees. The Top 10 Consulting Firms in North America for 2021 are: Bain & Company. Headquartered in Waltham, Massachusetts, RTX researches, develops, and manufactures advanced technology products in the aerospace and defense industry including aircraft engines, cybersecurity, guided missiles, air defense systems, satellites, and drones. EY is known for offering assurance (financial audit), consulting, tax, and advisory services to its customers. Their focus is to plan and deliver new IT methods, designed specifically for each client to grow and maximize the value of their projects. Bain & Company is a global management consulting firm headquartered in Boston, Massachusetts, and with 63 offices in 38 countries around the world. If we had to choose a "one-stop-shop" category, this would be it. Now, it is a major management consulting and professional services firm focusing on consulting, software, and technology and provides services for clients in healthcare, private equity, and technology. Eagle Hill Consulting. 9. Founded in June of 2004 on the core principles of being good and being truthful, the firm has a resolute vision "to transform business by doing what is right," with a critical stated focus on helping businesses achieve their objectives through the enablement and enhancement of both process and technology. DayBlink works with clients across multiple platforms, including early stage startups, allowing employees a unique opportunity to work with and develop companies from the beginning. Copyright:The Top 50 Consulting Firms of 2022 publication is copyrighted material, produced and published by The Consulting Report. Consulting powerhouse Ernst & Young Global Limited, commonly referred to as EY, is a multinational professional services network with an impressive international reach that has powered its status as one of the biggest service networks in the world. The firm's clients in this area include large multinational companies, high growth middle-market businesses, small commercial enterprises, and high net-worth private clients. This help might include finding high-quality expert witnesses, providing economic and financial analysis to attorneys, and conducting research and analysis. The pitch seems to be working, as Syneos Health continues to grow and currently boasts customers in more than 110 countries. Featuring an unparalleled 360 research capability as well as rigorous analytic capabilities, the firm has earned a stellar reputation due to its benchmarking, competitive analysis, ability to listen to the voice of the customer, commercial diligence, work supporting investment decisions, and other externally driven strategic development work. The following year, L.E.K. The firms Nexia International affiliation expands its reach to more than 128 countries. Feb 1, 2023. The firm boasts a workforce of more than 14,000 professionals who provide guidance to public, private, and non-profit organizations of all sizes. Headquarters: Arlington, VA. Willis Towers Watson Public Limited Company is a British-American multinational risk management, insurance brokerage, and advisory firm with roots dating back to 1828. 8. Marsh knows that managing risk in today's environment is complex. 34. Top 10 Pharma and Life Science Consulting/Service Companies - 2021 : Once an industry that was slow to adopt technology, the pharma and life sciences sector is now witnessing a massive revamp as it rides the tide of digital tr . Headquarters: Boston, MA. Over the years, the organization has received substantial support from Bain, with whom it has maintained a close relationship. CSG Government Solutions Career paths are also not as defined at the smaller boutique consulting firms. Cornerstone Research provides economic and financial analysis and expert testimony to attorneys, corporations, and government agencies involved in complex litigation and regulatory proceedings. Booz Allen has been consistently recognized as an industry-leader in corporate citizenship, employee empowerment, and executive leadership. Within life sciences, ClearView Healthcare Partners segments its clients into four main groups: Pharmaceuticals Biotechnology Medical devices Diagnostic clients In the 2022 Vault Consulting 50, ClearView Healthcare Partners was ranked #17 overall, which is a drop from its #7 ranking in 2021. With more than 800 risk, claims, safety, and industry-specific specialists in more than 40 countries around the globe, Marsh is primarily concerned with representing commercial interests searching for insurance coverage. The firm is routinely recognized as one of the top 10 consulting companies in fraud, forensic, and investigation services. 20. The analyst pay commensurate with that is usually less than for MBB firms. Best Boutique Firms: . As a result, McKinseys alumni pool has generated the greatest number of Fortune 500 CEOs. Based in Morrisville, North Carolina, Syneos Health is a biopharmaceutical solutions management consulting firm making waves in the life sciences industry. The firm specializes in risk and advisory services with an internal audit expertise that spans a variety of areas. Notably, it was the first consulting firm dedicated to methodically applying rigorous microeconomic thought to litigation and regulatory matters. Eagle Hill is a smaller firm, but offers excellence in a pretty full range of services, tailored to clients needs. This merger was a bold gambit from a Big Four contender to step up its value chain efforts, moving beyond audit services to embark on new business ventures and give its clients various new points of entry. Deloitte is a storied institution that traces its roots back to its founding in 1845. Headquarters: Chicago, IL. 13. Putnam Associates is a specialist firm serving primarily in the healthcare sector. List of Top Life Science Consulting Firms: 100+ to Apply to Last Updated January, 2022 10,820 Views If you have a background in healthcare, pharma, or the life sciences and an interest in bringing new healthcare solutions into the world, life science consulting could be the right career path for you. McKinsey & Company. It was created in 2017 from the merger of INC Research and inVentiv Health the parent company of a subsidiary, Syneos. Kroll advises clients in the key areas of valuation, corporate finance, disputes and investigations, cyber security, and regulatory issues but the firm is arguably best known for its work in administration processes. TPG hires consultants with backgrounds in industrial engineering, commerce, and general business. The Chartis Group Now, Publicis Sapient is working with Microsoft and other tech firms to transform how groceries are delivered, how people travel safely, and much more. Headquarters: Boston, MA. Canadian Venture Capital-Funded Biotech Companies to Watch in 2023. The firm also offers guidance and support to organizations as they navigate the changes transforming their industries and businesses. The Brattle Groups clients include many of the worlds best-performing and most admired companies, law firms, and industry organizations, as well as U.S. and international regulatory and government agencies. Professional services network Deloitte Touche Tohmatsu Limited (commonly referred to as simply Deloitte) continues to set the bar high for services including analytics and cloud computing. The firm offers tailored solutions to a broad range of publicly- and privately-held organizations across a wide range of industries, government agencies, financial institutions, and civic and religious organizations. Keystone combines the strategic insights of leading academic experts from Harvard, Stanford, MIT, Wharton, and other top universities with the practical industry expertise of its accomplished network of professionals to deliver extraordinary impact. 42. In addition, Human Rights Watch has consistently named it one of the Best Places to Work for LGBTQ Equality. It is known for its strong client focus, an emphasis on teamwork, unwavering integrity, mutual respect, and a constant striving for excellence. However, the Type A in me is obsessed with prestige and wondered . Since then, Protiviti has expanded rapidly, reporting revenue that surpassed the $1 billion mark for the 2019 fiscal year. Capgemini operated as a small data processing firm from its launch in 1967 until its acquisitions of computer and data companies in the United States in the 1970s and 1980s. However, your work/life balance will usually be more enjoyable working for a boutique consulting firm. 2. The top firms in this category are: Advancy, EY-Parthenon, Strategy&, Kearney, LEK, OC&C, Oliver Wyman, Roland Berger, and PwC Strategy&. The Consulting Report is pleased to announce The Top 50 Consulting Firms of 2022. CohnReznick recently launched its Gamechangers in ESG Awards program to recognize U.S. businesses that are changing the game through their commitment to environmental, social, and governance (ESG) strategies and practices. Clients also include the philanthropist donors themselves, who are looking to get the most out of their donations. Insigniams belief is that culture fuels strategy. Syneos Health Orlaithe Consulting LLC is a boutique consulting firm that specializes in assisting biopharmaceutical, medical device, and life science clientele with their federal contracting needs by minimizing exposure to risk, creating robust compliance programs, developing competitive pricing strategies, and providing high-quality contractual deliverables. The Poirier Group (TPG) is a boutique management consulting firm based in Toronto that delivers sustainable process and performance improvements to medium-to-large businesses. Among the firms many awards, Booz Allen is a three-time honoree of the Worlds Most Ethical Companies award from the Ethisphere Institute. The good news for you is that there are quite a few top-notch boutique consulting firms across the country. Headquartered in Menlo Park and San Ramon, California, Protiviti boasts a clientele that includes over 60% of Fortune 1000 and 35% of Fortune Global 500 companies. Going to bat against the likes of Bain, McKinsey, and BCG, as well as other strategy consulting offshoots for Big Four firms, EYP often rises above its competitors in industry rankings by honing in on its ambitious corporate strategy and private equity undertakings. Since 1983, when NERA was acquired, it has remained a part of the Oliver Wyman Group, a subsidiary of Marsh & McLennan Companies, Inc. The T2/T3 offer pays me 25% higher but working hours go up to 60 per week. Tata Consultancy Services 41. The Bridgespan Group is a consulting firm that works with nonprofit groups, NGOs and philanthropy organizations. TCS cloud platforms are fostering development across Asia, and the firms ADD Safety software was recently granted an award for using AI to radically improve pharmacological outcomes. Keystone Strategy It collaborates with a peerless ecosystem of partners such as Adobe, Salesforce, Samsung, Apple, and SAP to drive value and differentiation through outstanding customer experiences. I work only 40 hours on average per week at my current firm. The firm's roots stretch back to the first decade of the twentieth century, after one of its founders studied railroad risk and insurance needs by spending 30 days riding the rails. It is proud to have established relationships spanning over two decades or longer with public and private corporations, private equity firms, their portfolio operations groups, and portfolio companies. The firm partners with clients to provide data-driven, actionable insights designed to drive growth, enhance profits, increase value, and make better investment decisions. Bain & Company In a world changing faster than ever in nearly every respect, from technologically to culturally, consulting firms serve as an indispensable partner for any organization navigating its path to success. Founded in 1990, Insigniam handles enterprise-scale transformation, transformational leadership, and managing change as a leading management consulting firm. Huron, which was founded in Chicago, Illinois 20 years ago, has just under 4,000 employees across 25 locations in North America, Europe, and Asia-Pacific. The firm prides itself on its creative and energetic staff, cutting-edge technology and research, and its work with academic and industry experts. The Top 25 Consumer and Retail Consultants and Leaders of 2023, Accenture Acquires Bionest, Boosts Life Sciences Strategy Capabilities, McKinsey Tech Accelerator Speeds Inclusive Innovation for Underrepresented Entrepreneurs, Healthcare Executives Optimistic About Their Companies, Cautious About the Economy, Marsh McLennan Sets 150-Year Record, Breaks $20 Billion in Global Revenue, In Spite of Big Tech Layoffs, Big Consulting Firms Still Seeking Tech Skills, Five Big Steps to Better Procurement Decision Making, What the End of the COVID-19 Public Health Emergency Could Mean for Providers, The Top 25 Digital Transformation Consultants and Leaders of 2023, U.K. PricewaterhouseCoopers (PwC) is a behemoth in the world of accounting and consulting services. Bench Wing is a management consulting firm focused on improving the performance of life science brands and companies. The Consulting Report. Headquarters: Menlo Park and San Ramon, CA. In serving its many stakeholders, CohnReznick is committed to its role as a value creator and force for change in promoting sustainability, social justice, and proactive corporate governance. The firm is also committed to sharing its diversity and equity values, as well as its environmental, social, and governance practices. With active partner engagement, Keystones teams develop and implement recommendations to address its clients most complex business challenges. The firms extensive client base spans an impressive 16 different industry sectors: banking and capital markets; insurance; investment management; building, construction, and real estate; alternative investments; industrial manufacturing; retail; food, drink, and consumer goods; energy, natural resources, and chemicals; government and public sector; healthcare and pharmaceuticals; technology; high growth mid-market and venture capital; media and telecommunications; private equity; and high growth emerging markets. Its hard to find something at which this star of professional advising is less than excellent, from business strategy and data analytics to risk assessment and enterprise technology, with the firms AI Institute being a standout in the world of artificial intelligence research and development. The network consists of more than 200 independent accounting and advisory services firms in more than 130 countries around the world. NERA was launched in 1961 as National Economic Research Associates. Huron Consulting specializes in helping its client organizations navigate change and economic pressures in various dynamic environments. Its no understatement to say that the Mumbai-based firm possesses top-level talent on a wide variety of IT services, but it is perhaps best known for its work in application development and management as well as its work in enterprise solutions and outsourcing particularly its lauded enterprise application TCS Crystallus. In addition to financial success, the firm frequently receives top accolades from the likes of Fortune, The Financial Times, and Vault. Based on nominations and our further proprietary research, we have selected the 50 best firms. Consulting This boutique firm attracts highly skilled individuals that have worked at the likes of Accenture and Deloitte consulting firms. ADL is also an innovator of business strategy and operations research, which it has honed during its more than 130-year history. With revenues of $1.97 billion, 51 offices, and more than 9,000 problem-solvers across the U.S., the firm is also the largest member of the Grant Thornton International Ltd global network. The firms projects include cross-functional support at the corporate, franchise, and product levels for pharmaceutical, biotech, medical device, and diagnostics companies worldwide. L.E.K. All Rights Reserved. The consulting firm opened its first international office in London in 1959 and has expanded steadily since. SINGAPORE and CHICAGO, Feb. 22, 2023 /PRNewswire/ -- EVERSANA , a pioneer of next-generation commercial services to the global life sciences industry, today announced its strategic consulting . Kaiser Associates was founded as a spin-off from Strategic Planning Associates (now Oliver Wyman) by Michael Kaiser and is now based both in Washington D.C., and London, with a third office in So Paulo. It is the nations leading healthcare advisory firm and has an unparalleled breadth of capabilities and depth of experience. Top firms in this area of consulting are: ZS Associates, Mckinsey & Company, Deloitte, Bain and Company, QuintilesIMS, Huron, Capgemini Consulting, etc. ClearView combines international industry knowledge and deep scientific expertise across a range of therapeutic areas with an extensive network of external stakeholders to deliver practical and actionable recommendations. As for exit opportunities, I do not see much differentiation. Following the merger, more than 27,000 talented Syneos Health individuals now form one unique brand that offers a mix of research and advisory services. I rejected T2/T3 offer. BCG is driven by more than 25,000 employees across 90-plus offices in over 50 countries and regions. Headquarters: Waltham, MA. Its diverse teams leverage expertise in business, technology, and economics, and as a result, their work includes digital transformation, innovation, AI/ML, data analytics, algorithms, ecosystem strategy, process optimization, antitrust, intellectual property, and tax transfer expertise. Certain industries require especially high degrees of accuracy and security, and the Science Applications International Corporation (SAIC) is the firm trusted most by governments and other entities with IT support for sensitive, high-end missions. Since 1991, the firm has been working side-by-side with clients, fostering long-term relationships and delivering tangible, sustainable results. Founded in 2014, Kalleid is a boutique laboratory IT consulting firm working across the value chain in R&D . The firm and its subsidiaries also help clients make decisions that lead to lasting value with its tax, advisory, and consulting services. While this years awardees offer their services across a wide variety of sectors and geographies, and often have very different methods of approaching the problems they solve, what they do have in common is the ability to produce results for their clients. The cost of the consulting services is usually less than MBB, but occasionally more. Headquarters: New York, NY. The firm is specifically a titan in the fields of corporate finance and restructuring, economic consulting, forensic and litigation consulting, strategic communications, and technology. 4. Sectors. When deciding which firms to apply for, we recommend searching for a few boutique consulting firms in your city for consideration. This includes placing in Best Places To Work In Chicago in 2020 and 2021 and being honored as one of the Best and Brightest Companies to Work For by the National Association for Business Resources for four consecutive years. Founded in 1963 by Bruce Henderson, BCG partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities. He believed that if his firm always strove to do what was best for its clients, it would in turn end up working out well for the firm. It specializes in helping clients by improving the most important asset for every organization: its people. Often times boutique consulting firms wont have the same type of training and development programs available. Headquarters: Boston, MA. Unlike many consulting firms, it's a specialist, and tends to focus on a wide spectrum of areas within the life sciences industry.