Lehman Brothers Reviews

Updated 1 September 2014
Updated 1 September 2014
184 Reviews
4.1
184 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Lehman Brothers CEO Richard Fuld Jr.
Richard Fuld Jr.
20 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
  • Managers show no sympathy for junior people for working ultra long hours (in 18 reviews)

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

    Gone soon after I joined!

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

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

    Pros

    - surrounded by high achievers and top quality professionals
    - Great experience for someone starting career in finance

    Cons

    - Aggressive environment
    - Firm could not last long enough for me to spend more time!

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

    Great people. Great culture. Strong development

    • 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

    Strong track record in departments. Growth potential at firm. Training for employees. Continuous learning. Nice outings to sports, cultural, and other events. Many incentives for employees.

    Cons

    Stock price. Important to plan time off; ie advise office of an upcoming trip. Given size of company, interaction with senior people may occur 1-2x per quarter. However, people show willingness to meet with employees at all levels.

    Advice to ManagementAdvice

    Continue to invest in employee development. Continue to pursue growth opportunities.

    Recommends
    Negative Outlook
    Approves of CEO
  11.  

    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 for more than a 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

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