Lehman Brothers

www.lehman.com

Lehman Brothers Reviews

Updated 29 January 2015
Updated 29 January 2015
196 Reviews
3.9
196 Reviews
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Lehman Brothers CEO Richard Fuld Jr.
Richard Fuld Jr.
23 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

Employee Reviews

Sort: Popular Rating Date
  1.  

    What-a-firm! RIP

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

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

    Pros

    World class, top tier firm

    Cons

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

    Advice to ManagementAdvice

    Make a comeback guys <3

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Excellent working for LB, equal employer

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

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

    Pros

    Excellent culture
    Work Life balance
    Open door policy
    Bonuses
    Benefits

    Cons

    No Cons it was a great company to work and helps in career development

    Advice to ManagementAdvice

    Emphasize on increasing productivity and efficiency by applying industry cost cutting measures

    Recommends
    Neutral Outlook
    Approves of CEO
  3.  

    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 a 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
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  5.  

    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
  6.  

    Awesome

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

    I worked at Lehman Brothers

    Pros

    A great company where "Vision Gets Built"

    Cons

    Too leveraged and improper risk management pratices

    Advice to ManagementAdvice

    Please listen to employees when they ring alarm bells

    Recommends
    No opinion of CEO
  7.  

    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
  8.  

    Lehman is simply the best place to build a career

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

    I worked at Lehman Brothers

    Pros

    It 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.

    Cons

    It 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 ManagementAdvice

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

    Recommends
    Approves of CEO
  9.  

    IT Analyst

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

    I worked at Lehman Brothers

    Pros

    Very smart helpful people. I was lucky to meet some outstanding people of the industry

    Cons

    nothing bad really to say anything

    Advice to ManagementAdvice

    No advise

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Really enjoyable, relaxed environment, helpful co-workers - for the most part the office is stress free.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Tax Intern in Jersey City, NJ (US)
    Former Employee - Tax Intern in Jersey City, NJ (US)

    I worked at Lehman Brothers

    Pros

    Solid hours and pay, helpful and approachable senior management

    Cons

    Company won't be in existence for the foreseeable future, not a lot of upward mobility within this workplace.

    Advice to ManagementAdvice

    Keep going what you are doing.

    Recommends
    Neutral Outlook
  11.  

    Client Money & Reconciliations Senior Associate

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

    I worked at Lehman Brothers

    Pros

    Very Good company to work for.

    Cons

    In administration so slowing letting staff go.

    Recommends
    Negative Outlook
    No opinion of CEO

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