Lehman Brothers

  www.lehman.com
  www.lehman.com

Lehman Brothers Reviews

Updated 25 November 2014
Updated 25 November 2014
192 Reviews
4.2
192 Reviews
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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 20 reviews)

  • Towards the end there was morebegoninvolved by he senior management and that led to the rims downfall (in 15 reviews)

More Highlights

78 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.  

    Knowledge I learned!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Vice President F
    Former Employee - Vice President F

    I worked at Lehman Brothers (more than 10 years)

    Pros

    The knowledge I learned at Lehman Brothers was outstanding. One was thrown into so many difficult situations it was, it was hard not to learn. That base has helped me in many difficult business challenges I have faced over the years, while at Lehman and post Lehman.

    Cons

    Senior management was sometimes ignorant and really didn't see the forest through the tree at times, which ultimately lead to poor decision making and holding positions that should have been long gone.

    Advice to ManagementAdvice

    At this stage this would be an exercise in futility.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  6.  

    Great company but got swept up in the financial crisis tsunami.

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

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

    Pros

    A Competitive, high functioning place with many opportunities to excel.

    Cons

    Requires a commitment to long hours and weekend work.

    Advice to ManagementAdvice

    An even greater focus on dedicated service to clients.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  7.  

    Business Analyist

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

    I worked at Lehman Brothers full-time

    Pros

    Growing company with many insides and different takes on forward looking technologies. They were always up to date for the most part, that is, until the crash.

    Cons

    Unfortunately, it's not a functioning place to be. Nepotism and trading at it's finest. Don't expect to last long unless you're willing to get your cuffs inked.

    Advice to ManagementAdvice

    Stop being so inclusive.

    Recommends
    Positive Outlook
    No opinion of CEO
  8.  

    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.

  9.  

    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
  10.  

    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
  11.  

    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

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