Professional-services firms may put less weight on hourly billing over the next six to 18 months, Eisner Advisory Group LLC CEO Charles Weinstein told Mint, a potential change in how clients pay for advice and assurance.
Mint published the interview Oct. 28. Weinstein forecast a shift toward subscriptions, bundled services, and fees based on work delivered or its value. “It’s moving from rates and hours to subscription-based services,” Weinstein said.
Weinstein told Mint that limited commercial AI options for assurance providers outside the Big Four had prompted Eisner to develop specialized tools. He told Mint the firm had deployed 11 internally developed AI tools firm-wide for assurance in the preceding three months and was training staff to use them. Weinstein told Mint the tools would be rolled out across thousands of audits, with specialized applications being introduced for financial-services audits.
EisnerAmper’s June 29 announcement described a separate deployment: the firm said more than 1,500 client engagements had used Caseware’s Dynamic Assurance Solution, and more than 1,100 professionals were using the platform.
Weinstein told Mint that the firm’s India global capability center generated 23% of global revenue, without specifying the period. He also told Mint the firm had a “Going to America” program offering cross-border tax services to founders of India-built startups developing products for the U.S. market.
