Why do Consultants get drug tested by client, while Bankers don't? (even if it's with similar clients)

Just realized recently that I hear a lot about consultants getting tested on a client-by-client basis. While, I hear nothing about Investment Bankers doing the same. Even though they work with very similar clients. Why is this? Is it cause the simply work with different parts of the business?

Comments (3)

 
  • Associate 2 in VC
Feb 23, 2021 - 2:07am

It's because consultants charge hourly while bankers don't. If a banker does coke and stays up working on a deal, it's good for the client. On the other hand, if a consultant does coke and stays up working, those hours are billable to the client. This is obvious. Just ask anyone.

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