Margin erosion in professional services: why it starts before you ever see it
You didn't lose that margin at the month-end close. You lost it three weeks earlier, on a Tuesday, when a senior consultant absorbed two days of "quick tweaks" that never hit a change order. The close is just when you found out. That delay between losing margin and seeing it is the whole problem. It's why margin erosion in professional services keeps happening to firms that swear they run a tight ship. This guide breaks down what erosion really is and the four places it leaks.