83 unchanged sentences
We believe our most important asset is our base of employee consultants, particularly our senior employee consultants.
−Removed: As of January 1, 2022, we employed 861 consultants, which consisted of 140 officers, 477 other senior staff and 244 junior staff.
+Added: As of December 31, 2022, we employed 939 consultants, which consisted of 149 officers, 496 other senior staff and 294 junior staff.
Approximately 77% of our senior staff have advanced degrees, with 43% of the advanced degrees being doctorate degrees.
40 unchanged sentences
Depending on client needs, we use non-employee experts for their specialized expertise, assistance in conceptual problem-solving, and expert witness testimony.
−Removed: We work regularly with renowned professors at such institutions as the University of Chicago, the University of California at Berkeley, Yale University, Georgetown University, Boston University, Northwestern University, the
−Removed: University of Toronto, Harvard University, Texas A&M University, Brigham Young University, and other leading universities.
+Added: We work regularly with renowned professors at such institutions as the University of Chicago, the University of California at Berkeley, Yale University, Georgetown University, Boston University, Harvard University, Texas
+Added: A&M University, Brigham Young University, University of Texas-Austin, the University of Wisconsin-Madison and other leading universities.
These experts also generate business for us and provide us access to other leading academic and industry experts.
126 unchanged sentences
Our clients come from a broad range of industries, with no single client accounting for more than 5% of our revenues in any of fiscal 2022, fiscal 2021, or fiscal 2020.
−Removed: We derived approximately 24% of consolidated revenues from fixed-price contracts in each of fiscal 2021, fiscal 2020, and fiscal 2019.
+Added: We derived approximately 19% of consolidated revenues from fixed-price contracts in fiscal 2022, and approximately 24% of consolidated revenues from fixed-price contracts in each of fiscal 2021, and fiscal 2020.
These contracts are more common in our management consulting practices, and would likely grow in number with expansion of those practices.
Human Capital
−Removed: As of January 1, 2022, we employed 861 consultants, consisting of 140 officers, 477 senior staff and 244 junior staff.
+Added: As of December 31, 2022, we employed 939 consultants, consisting of 149 officers, 496 other senior staff and 294 junior staff.
Approximately 77% of our senior staff have advanced degrees, with 43% of the advanced degrees being doctorate degrees, in addition to substantial management, technical, or industry expertise.
55 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.