Bain & Company is a global management consulting firm headquartered in Boston, Massachusetts. Bain has 47 offices in 30 countries and more than 5,500 employees. It is considered one of the most prestigious consulting firms in the world, ranks first on the Vault Consulting 50, and has been named the Best Firm to Work For by Consulting Magazine for nine consecutive years. Bain & Company was established in 1973 by a group of seven former partners from the Boston Consulting Group headed by Bill Bain. The company was headquartered in Lexington, Massachusetts on Militia Drive. Under... Bain’s direction, the firm implemented a number of unconventional practices in its early years. Notably, Bain & Co. would only work with one client per industry to avoid potential conflicts of interest. Partners did not carry business cards and clients were referred to by code names, further demonstrating its reputation for enforcing client confidentiality. The company preferred to win work by boardroom referrals rather than marketing itself, sometimes landing clients by offering several weeks of work at no cost until proving the results of its services.
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