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Clients and translators often have the desire to work together directly, bypassing translation agencies as an intermediary. A number of industry prognosticators have predicted that translation agencies are going to go extinct because it is going to become really easy for clients and translators to find one another. Despite the predictions, however, agencies continue to be established and grow and sometimes even find investors who are prepared to purchase them for a price that exceeds 10 years of their profits. Why is this the case?