[ryanjshaw]

The trick is they pay the young bright people peanuts relative to what they bill them out for, so then market forces rotate the majority of them out of the consulting org automatically, often into positions at the companies they consulted for or into their own businesses.

So why do the young bright people do it to begin with? They get to work with experienced people, broad learning experiences in diverse industries, networking (= future job prospects), etc.

[raesene9]

Yep and IME it works a lot of the time. A number of people I worked with in IT/Infosec consulting are now CISOs of large orgs.