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If one has never needed to work with a consulting firm, he or she may have no idea what it is, or what a consultant is. A consulting firm is, as expected, a firm made up of various consultants. They do work for other companies, or for the government. There are many different kinds of consultants, and they provide various services for those who do not have the time, knowledge, or resources to do the same work themselves.

To begin, a consultant is a person who is has a particular body of knowledge that they can impart to others seeking this knowledge. They may have a wide range of education on the subject, or they may have experience in the field. Consultants are go-to people when a company or person needs to know information that is particularly specialized. They can be seen as experts, or brains, in their particular field or line of work. Consultants may work on their own, or they may be part of a larger firm.

A consulting firm is a grouping of consultants that provides particular informational services to companies, governments, or non-profits. Usually consulting firms will include people who specialize in various aspects of a particular field. For instance, an environmental firm may include trained field scientists, coordinators, researchers, specialized experts (like biologists), and people who are knowledgeable about regulations. Environmental firms in particular can help city developers assess the possible environmental impacts of a new development, which can help reduce problems associated with new buildings and systems.

These firms are highly variable, however. Oftentimes government agencies look to consultants, but consultants are also needed for the business world. Since a consulting firm is part of the free market, it is subject to the laws of supply and demand. If companies are looking for expertise in the field of information technology, then more IT consulting firms may pop up. On the other hand, changing markets may lead some consulting professions to become less valuable, which can lead some firms to go out of business.

Consulting firms can be seen as the professional educators of the business and government world. They teach, but not for free.

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