Lehman Brothers
3.5 of 5 178 reviews
www.lehman.com New York, NY 6 to 15 Employees

Lehman Brothers Reviews

Updated Apr 08, 2014
All Employees Current Employees Only

3.5 178 reviews

                             

44% Approve of the CEO

Lehman Brothers CEO Richard Fuld Jr.

Richard Fuld Jr.

(16 ratings)

64% of employees recommend this company to a friend
178 Employee Reviews
Relevance Date Rating
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Review Highlights

Pros:
  • "Management was fair in providing vacation days when necessary to provide a good work/life balance"
    in 13 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 18 reviews
  • "too big that you are not noticable to senior management"
    in 14 reviews
  • Show more review highlights

Reviews

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Approves of CEO

 

What-a-firm! RIP

Analyst (Current Employee)
Mumbai

I have been working at Lehman Brothers full-time for more than a year

ProsWorld class, top tier firm

ConsDoesn't exist anymore :( according to some people ;)

Advice to Senior ManagementMake a comeback guys <3

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Excellent working for LB, equal employer

Project Manager (Former Employee)
Mumbai

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

ProsExcellent culture
Work Life balance
Open door policy
Bonuses
Benefits

ConsNo Cons it was a great company to work and helps in career development

Advice to Senior ManagementEmphasize on increasing productivity and efficiency by applying industry cost cutting measures

Yes, I would recommend this company to a friend

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Experience at Lehman India

TDP Developer (Former Employee)
Mumbai

I worked at Lehman Brothers full-time for less than a year

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

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

Advice to Senior ManagementManagement 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.

Yes, I would recommend this company to a friend

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General

Senior Developer (Former Employee)
Mumbai

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

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

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

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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  • No Opinion of CEO

 

Awesome

Operations Analyst (Former Employee)
Mumbai

I worked at Lehman Brothers

ProsA great company where "Vision Gets Built"

ConsToo leveraged and improper risk management pratices

Advice to Senior ManagementPlease listen to employees when they ring alarm bells

Yes, I would recommend this company to a friend

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  • No Opinion of CEO

 

Good environment and friendly people

Anonymous Employee (Former Employee)
Mumbai

I worked at Lehman Brothers

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

ConsLong 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 Senior ManagementNA

Yes, I would recommend this company to a friend

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Lehman is simply the best place to build a career

Senior Software Developer (Former Employee)
Mumbai

I worked at Lehman Brothers

ProsIt is a strong brand. One of the best investment banks to work for. It cares for its employees and is very receptive to ideas. Seniors demonstrate a lot of respect for ideas and it is a meritocracy in the true sense.
There is a sense of achievement in working at the place and there is constant recognition. Work is invariably suitably rewarded.

There is a great amount of knowledge sharing across teams and across division and regions.

Besides the professional front, there is a lot of extracurricular activities and philantrophy related activities that the firm encourages you to be a part of and is extremely supportive.

ConsIt is one of the smallest of the investment banks. It is never a concern for me, but could be for some others. There are very few downsides that i can think of

Advice to Senior ManagementKeep doing a great job. Take the company through this tough time and back on the way to the top of the pyramid.

Yes, I would recommend this company to a friend

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Investment Banking

Anonymous Employee (Current Employee)

I have been working at Lehman Brothers

ProsGreat firm. It's a shame it went bankrupt.

ConsNo major cons at all.

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  • Culture & Values
         
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Company is downsizing.

Anonymous Employee (Former Employee)

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

ProsNot much. Firm is closing down as soon as they can.

ConsLow morale. Even if you want to do something good some old-minded folks will shut you down.

Advice to Senior ManagementInstill some culture, enable ideas even if you are closing the company.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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  • Culture & Values
         
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  • Disapproves of CEO

 

Great while lasted

Analyst (Former Employee)
New York, NY (US)

I worked at Lehman Brothers full-time for less than a year

ProsReputation was good until... you know

ConsHours were not the best

Advice to Senior ManagementStay in business

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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