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How does GLG make money?
GLG captures value by charging its clients either on a subscription basis or on a “pay per use” basis. In the latter model, GLG marks up its experts’ hourly rates in order to take its cut. GLG’s two pricing structures resulted in estimated revenues of over $300 million for the firm in 2014.
What kind of company is GLG?
GLG (Gerson Lehrman Group, Inc.) is a financial and global information services company headquartered in New York City. The company provides financial information and advises investors and consultants with business clients seeking expert advice.
Who uses GLG?
Who are GLG clients? Our clients are professionals and business leaders at the world’s leading companies and nonprofits, including industrial, technology, and life science corporations; investment and financial firms; professional services firms; startups; and nonprofits around the world.
How many people work at GLG?
GLG has more than 1,100 employees in 22 offices in 12 countries. Its membership comprises more than 425,000 thought leaders and practitioners. GLG’s clients include Fortune 500 Companies in nearly every sector and the leading global professional services firms and financial institutions.
What is the GLG group?
Gerson Lehrman Group is an international consulting firm that matches freelancers with corporate clients who need expert advice. GLG is one of several firms that aim to match their clients with freelance experts.
How much does GLG charge its clients?
GLG’s clients need the “real story” from inside experts like you! In return, GLG tacks on a sizable markup. For instance, the expert’s consulting rate might be $200 per hour, but GLG often charges its clients $1,000+ per hour for facilitating calls with industry experts who can deliver the straight scoop minutes after a phone call commences.
What is glglg (and other expert networks)?
GLG (which is rebranded shorthand the Gerson Lehrman Group) and other expert networks profit by capitalizing on your subject matter expertise. They are well-compensated middlemen, connecting organizations with consultants within their in-house “community,” aka “expert network.”
Is GLG a good place to work?
One of the top complaints about GLG is that work is sporadic, as these GLG reviews on Indeed show: “Consultation business. Work is infrequent but lucrative. “Consult for top tier companies. Mergers and acquisitions, general consulting and special projects. Work is infrequent but can be lucrative if available in your specialized area.”