I think is is also possible, just possible, that they might be one of the few consulting shops that doesn't need to be told Charge More.
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"So your BATNA to this negotiation is 'the bank stops processing transfers for a week' and I'm the last guy who speaks COBOL in town."
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I am surprised they are only charging $100+ /hour from the article, they can charge 100x more for this case
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I'm betting reporter has not actually discovered the top of the range.
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Not sure how much of this is really left - I did a lot of Y2K COBOL work, and even then there weren't many critical systems relying on it.
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from the inside : still a lot. From IRS to car manufacturer logistic system...
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