UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 14A

Proxy Statement Pursuant to Section 14(a) of

the Securities Exchange Act of 1934

Filed by the Registrant  x                            Filed by a Party other than the Registrant  ¨

Check the appropriate box:

¨ Preliminary Proxy Statement

¨ Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))

¨ Definitive Proxy Statement

¨ Definitive Additional Materials

x Soliciting Material Pursuant Section 240.14a-12

Diamond Management & Technology Consultants, Inc.

(Name of Registrant as Specified in its Charter)

(Name of Person(s) Filing Proxy Statement; if other than Registrant)

Payment of Filing Fee (Check the appropriate box):

x No fee required.

¨ Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.

(1) Title of each class of securities to which transaction applies:

(2) Aggregate number of securities to which transaction applies:

(3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined):

(4) Proposed maximum aggregate value of transaction:

(5) Total fee paid:

¨ Fee paid previously with preliminary materials.

¨ Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.

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(4) Date Filed:

Filed by Diamond Management & Technology Consultants, Inc.
Pursuant to Rule 14a-12
of the Securities Exchange Act of 1934
Subject Company: Diamond Management & Technology Consultants, Inc.
Commission File No.: 000-22125

The following is a presentation made to employees of Diamond Management & Technology Consultants, Inc. (“Diamond”) in connection with the proposed acquisition of Diamond by PricewaterhouseCoopers LLP.

Diamond’s Announcement of Merger with PwC

August 24, 2010

| 1

How is this Good for Diamond Consultants?

•

We have always been about:

–

Doing the most interesting work for the best clients

–

Attracting smart, dedicated, innovative people

–

Having real impact at our clients and within our firm

–

Evolving our service offerings and vertical depth to better address client needs

–

Leveraging technology to improve the practice of management

–

Developing global reach

–

People first, leadership, collaboration and trust

•

We have been successful over the years maintaining those values and

operating principles. We have built a great firm.

•

We are in a position of strength despite the changing environment and

competitive intensity.

•

We believe that by joining PwC, we

–

more effectively achieve scale, stability, and increased career opportunities for our

people, while retaining Diamond’s core values and principles

–

can increase our access to clients and the depth of our investments

Diamond’s Perspective

| 2

Why Are We Merging, and Why Now?

•

As a public company, we have a fiduciary responsibility to our shareholders,

and we believe that this transaction offers our shareholders an attractive

valuation which is a 31% premium over our August 23, 2010, closing price.

•

Scale and growth potential

–

More established brand recognition across the globe

–

Extensive business development and marketing resources

–

Greater investment in research and IC development

–

Greater presence in our communities

–

Broader access to clients

–

Additional opportunity for our people

•

Ability to serve clients more holistically

•

Additional service lines that will benefit our clients

•

Growing market demand for our capabilities in aligning strategy with

execution

•

We have been growing profitably in the past two years in a soft

environment

–

making

Diamond

an

attractive

asset

Diamond’s Perspective

| 3

Advantages of combination with PricewaterhouseCoopers

•

PwC’s Advisory Practice, like Diamond, aspires to be the world’s best

professional services provider.

•

Diamond’s business model is consistent with their target model.

•

Sustains and enhances the type of work and career experience that drew

our staff to Diamond

•

Career opportunities and mentoring

•

Increased project variety

•

Access to international assignments

•

Complementary advisory

capabilities:

Diamond

has

significantly

more

focus

on ‘front end’

capabilities such as channel strategy, customer experience,

etc.; PwC Advisory expertise is largely in ‘back office”

management

processes

•

Broad annuity relationships across all of our verticals

•

A firm culture respected for its established flexible work programs,

diversity, and corporate citizenship efforts

Diamond’s Perspective

| 4

Pre-

Announcement

Post-

Announce to

Deal Close

Day 1

Post –

Close

Integration

Post-

Integration

Key Activities Throughout an Integration*

M&A Integration

Post-Announcement

•

Integration Team Definition

•

Synergy Business Case

•

Due Diligence Validation

•

Detailed Synergy Project

Implementation Planning

•

Organizational, IT &Ops Design

•

Day 1 Preparations

Program Management

•

Status Tracking

•

Risk & Issue Management

•

Savings Tracking

•

Communication

Execution Management

•

Resource & Org. Planning

•

Facilities & Operations

•

Strategic Sourcing

•

IT Integration

Post-Integration

•

Post-Launch

Operational

Improvements

•

Optimize Synergies

•

Growth Investments

* Note:  Diamond's Approach to M&A Integration

| 5

Diamond will be positioned as an integrated business unit of PwC

Advisory Leader

Industries (Sectors)

Financial

Services

Health

Industries

Products& Services

Industries

Public

Services

West

Banking& Capital Markets,

Insurance, Asset

Management

Pharmaceutical &

Life Sciences,

Payer, Provider

Automotive, EMC, Energy,

Industrial Products PE,

Retail and Consumer,

Technology, Utilities

Forensics

Consulting

Deals  

Business &

Technology

Consulting 

P/L responsibility

Solution 

development

& delivery,                  

x-Advisory

Connectivity

Denotes member of respective PwC US Advisory,  Vertical, or Regional management team.

CTO

Chief

Innovation

Officer

Strategy

Operations

Risk &

Quality

Finance

Human

Capital

Diversity

GDC/

Alliances

Other

Post-deal U.S. Advisory Organization

P/L responsibility

A PwC Company

FS

INS

ENT

PS

HC / PS

West

UK

&

India

Diamond Horizontal Lead

| 6

What Next?

SMALL-HANDS MEETINGS

WEDNESDAY, AUGUST 25

•

Dallas, 7

–

9:30

AM

CT,

Renaissance

Hotel

•

Washington,

DC,

5

–

7:30

PM

ET,

JW

Marriott

THURSDAY, AUGUST 26

•

Hartford, 7

–

9:30

AM

ET,

Marriott

Downtown

•

New York

City,

5

–

7

PM

ET,

in

NY

Office

FRIDAY, AUGUST 27

•

New York

City,

7

–

9:30

AM

ET,

in

NY

Office

•

WEBCAST WITH PwC LEADERSHIP

(Details

to

follow)

COMMUNICATIONS –

PEOPLE ADVISORY

The following partners and senior

directors will be part of a

communications advisory for our

staff. You should reach out to them

if you have questions about the

pending deal.

Rick Barto

Ed Brady

Tyson Cornell

Jonathan Kletzel

Scott Likens

Linda Najim

Stacy Sachen

Ann Settimi

https://one.diamondconsultants.com/D/TheInfield/

ONE Site for Communications Related to the Merger Agreement

The

Infield

| 7

Additional Information

In connection with the proposed Merger and the required stockholder approval, Diamond intends to

file with

the

SEC

a

preliminary

proxy

statement

and

a

definitive

proxy

statement.

The

definitive

proxy

statement will be mailed to the stockholders of Diamond.

DIAMOND’S STOCKHOLDERS ARE URGED

TO READ THE PROXY STATEMENT AND OTHER RELEVANT MATERIALS WHEN THEY BECOME

AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE MERGER AND

DIAMOND.

Investors and stockholders may obtain copies of these documents (when they are

available) and other documents filed with the SEC at the SEC’s

Web site at www.sec.gov.

In addition,

investors and stockholders may also obtain, free of charge, copies of these documents filed with the

SEC through the investor relations page on Diamond’s corporate Web site at

www.diamondconsultants.com

or by contacting Diamond Management & Technology Consultants,

Inc. at John Hancock Center, 875 N. Michigan Ave. Suite 3000, Chicago, Illinois, 60611, Attention:

Investor Relations.

Participants in Solicitation

Diamond and its executive officers and directors may be deemed to be participants in the solicitation

of proxies from Diamond stockholders with respect to the proposed Merger.

Information about

Diamond’s executive officers and directors and their ownership of Diamond Common Stock is set

forth in Diamond’s Annual Report on Form 10-K/A filed with the SEC on July 29, 2010.

Investors and

stockholders may obtain more detailed information regarding the direct and indirect interests of

Diamond and

its

executive

officers

and

directors

in

the

proposed

Merger

by

reading

the

preliminary

and definitive proxy statements regarding the proposed Merger, which will be filed by Diamond with

the SEC.

Copies of these documents may be obtained, free of charge, as described above.