Lehman Brothers

  www.lehman.com
  www.lehman.com

Lehman Brothers Reviews

Updated 15 November 2014
Updated 15 November 2014
189 Reviews
4.2
189 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

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 an 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 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
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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.  

    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
  10.  

    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
  11.  

    Working for the Estate

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

    I worked at Lehman Brothers full-time (more than 5 years)

    Pros

    - Unique Situation so the learning opportunities are limitless
    - Few staff so lots of things to do as long as one takes initiative
    - Friendly, familial environment, management is very understanding of unique needs

    Cons

    - Not any job progression (since the estate is unwinding)
    - Communication is slow therefore work can be a little difficult to predict
    - No matching 401K contributions

    Negative Outlook
    Approves of CEO

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