Lehman Brothers Reviews

Updated 23 September 2014
Updated 23 September 2014
187 Reviews
4.2
187 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Lehman Brothers CEO Richard Fuld Jr.
Richard Fuld Jr.
21 Ratings

Review Highlights

Pros
  • Great work life balance and financial packet (in 14 reviews)

  • Ahead of other investment banks in promotion of women (in 15 reviews)


Cons
  • Bankruptcy, Long hours, management too aggressive with risk, greed, and cut-throat policies (in 19 reviews)

  • Towards the end there was morebegoninvolved by he senior management and that led to the rims downfall (in 14 reviews)

More Highlights

75 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Experience at Lehman India

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - TDP Developer in Mumbai
    Former Employee - TDP Developer in Mumbai

    I worked at Lehman Brothers full-time (less than an year)

    Pros

    Training Program was really good. Colleagues were very helpful and professional.

    Cons

    I was not able to find any issues in the company. Everything was fine.

    Advice to ManagementAdvice

    Management at India office handled the Bankruptcy nicely. Nomura acquired the India office and I worked for Nomura for around 3 years. I don't think they need any advice.

    Recommends
  2.  

    General

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Developer in Mumbai
    Former Employee - Senior Developer in Mumbai

    I worked at Lehman Brothers full-time (more than 3 years)

    Pros

    Great environment and people to work with. Excellent oppurtunities were present for everyone to learn and grow, guidance provided by the management was at par.

    Cons

    By working with many banks I still can't find any negative point for LB, other than the unfortunate event of it being Bankrupt.

    Advice to ManagementAdvice

    If the company would have existed today I & many people like me would have never left an org. like LB

    Doesn't Recommend
    Negative Outlook
  3.  

    Good environment and friendly people

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee in Mumbai
    Former Employee - Anonymous Employee in Mumbai

    I worked at Lehman Brothers

    Pros

    lots to learn
    good challenging roles
    good cafeteria
    Friendly environment
    good transportation services
    excellent health benefits in comparision to similar companies

    Cons

    Long hours of work is the usual culture
    Competition from companies
    Attrition rates is very high and management hardly does anything to keep the talent
    Management
    Salary

    Advice to ManagementAdvice

    NA

    Recommends
    No opinion of CEO
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  5.  

    Short Tile

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Lehman Brothers

    Pros

    Great pay. Great benefits, almost too good to be true.

    Cons

    Company seems to take on a lot of market risk.

  6.  

    Good experience at the time

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Investment Banking Analyst in New York, NY (US)
    Former Employee - Investment Banking Analyst in New York, NY (US)

    I worked at Lehman Brothers full-time (more than an year)

    Pros

    Good culture/ reputation at the time

    Cons

    Firm took too much risk

    Advice to ManagementAdvice

    n/a

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  7.  

    Good - but no long term longetivity due to it being a company in administration

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Vice President in London, England (UK)
    Former Employee - Vice President in London, England (UK)

    I worked at Lehman Brothers full-time (more than 3 years)

    Pros

    Great work life balance and financial packet

    Cons

    I cannot present any cons to this company given that the company is winding down

    Advice to ManagementAdvice

    None to share

    Recommends
    Neutral Outlook
    Disapproves of CEO
  8.  

    Great Experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Associate in New York, NY (US)
    Former Employee - Associate in New York, NY (US)

    I worked at Lehman Brothers full-time (more than an year)

    Pros

    Great people, challenging environment with career growth opportunities and strong mentors!

    Cons

    Lack of work life balance

  9.  

    I work for Lehman Bros.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Aviation in New York, NY (US)
    Current Employee - Aviation in New York, NY (US)

    I have been working at Lehman Brothers as a contractor (more than 3 years)

    Pros

    Money, Location, Culture, People, great team

    Cons

    Bankruptcy, Long hours, management too aggressive with risk, greed, and cut-throat policies

    Advice to ManagementAdvice

    too late for that

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  10.  

    analyst / structuring

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Analyst in New York, NY (US)
    Former Employee - Analyst in New York, NY (US)

    I worked at Lehman Brothers full-time (more than an year)

    Pros

    great people, gave lots of responsibility early on

    Cons

    hard to move laterally between desks

    Recommends
    Neutral Outlook
    No opinion of CEO
  11.  

    Built derivatives trades reconciliation/valuation models

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Lehman Brothers

    Pros

    great company with lots of smart people

    Cons

    too big that you are not noticable to senior management

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