Cornerstone Research FAQ

All answers shown come directly from Cornerstone Research Reviews and are not edited or altered.

16 English questions out of 16

12 May 2020

How are the career development opportunities at Cornerstone Research?

Pros

Great collegial work environment, lots of nice people. Good career development and mentorship. Transparent compensation, everyone in the same year is paid the same.

Cons

Long and often erratic hours. Sometimes work for less than ethical clients. Associates are often fresh out of PhD, and have limited management skills.

Advice to Management

Please be less obsessive about formatting and "Cornerstone standards". Spending inordinate amounts of time getting exhibits to look perfect is both mind-numbingly tedious and burning client money.

Good career development and mentorship.

12 May 2020

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30 June 2019

How are promotions handled at Cornerstone Research?

Pros

- Incredible co-workers. Smart, humble, willing to help each other out - Overall nice culture, nerdy and quirky people makes it a more academic environment (people are less “in your face” than some management consulting jobs) - Good learning experience right after college. If you pick the right cases you can learn substantial data skills

Cons

- Limited exit opps. If you don’t want to do law school / MBA / PhD, your only choice is pretty much data analyst jobs. Not a bad thing, but if you want any business-related next steps it’ll be extremely hard - Very volatile hours. Ultimately CR is a professional services firm, and your life evolves around the lawyers’ schedule. Based on what I’ve heard, NY office is especially known for having bad work-life experience - Not very merit-based. If you’re a stellar performer, you’re not getting promoted early. And if you slack a bit you’re not getting fired either. Promotion is strictly based on how many years you’ve been at the firm - CR hasn’t changed much in management in the last decade. With its rapid expansion it feels more and more like a standard corporate culture where people are regarded as assets rather than part of the firm. NOT a place for entrepreneurial minds, great if you’re extremely risk-averse - Pay is mediocre. If you’re smart enough to do this job, you’re probably smart enough to get a data job at tech firm that pays 20-30% more

Advice to Management

Do something to restore some of CR’s previous culture where employees feel valued as individuals rather than disposable assets. In the age where tech is the dominating trend, you’re not going to keep talents here with the current pay and culture.

Promotion is strictly based on how many years you’ve been at the firm

30 June 2019

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21 May 2020

What is the feeling of job security at Cornerstone Research?

Pros

Generally a great place to work. Get to use skills learned during PhD program to work on interesting projects. The firm has been very communicative and transparent during the COVID pandemic. Things have slowed a bit, as they have almost everywhere, but the firm seems to be in a healthy position. No layoffs or furloughs, and long-term prospects are very bright.

Cons

Client services, so hours can be variable.

No layoffs or furloughs, and long-term prospects are very bright.

21 May 2020

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29 March 2019

How are senior leaders perceived at Cornerstone Research?

Pros

Pay is phenomenal coming out of PhD. Immigration benefits are immeasurably good.

Cons

In no particular order: The firm hasn't changed in the last 20-30 years it seems. Demands crazy work hours while doing things terribly inefficient. Work starts at 5 pm when some manager who has no regard whatsoever to your personal life asks you to do something due tomorrow morning. There is incredible push back to use better programming skills, automating tasks and so on. They bill by the hour and the more you literally sit down in the office and wait for two 20-year olds with no basic understanding of econometrics or coding to do the work half-right, then figure out where they got it wrong and reconcile their errors, the happier the managers are. You are paid to be inefficient. Whole business model is to fleece clients by charging crazy hourly bills for doing absolutely nothing. Company has a terrible work culture where people at every level delegate everything to the next and assume no responsibility when something goes wrong. You get zero guidance how to do anything, then you just return the favor by putting a clueless analyst on the spot. Way to get any promotion is to make sure that you are some partner's guy and you have followers that you can offload 95% of the work. Noone wants to do anything any different than how it is done 30 years ago. It is a business model waiting for their "Koday moment" to happen

Advice to Management

Have you even looked at PhD Associate turnover? Everyone who can leave, leaves as soon as they get best of the benefits

They bill by the hour and the more you literally sit down in the office and wait for two 20-year olds with no basic understanding of econometrics or coding to do the work half-right, then figure out where they got it wrong and reconcile their errors, the happier the managers are.

29 March 2019

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20 February 2019

What are some insights into the strategy or vision at Cornerstone Research?

Pros

A lot of hard-working and smart people. Good compensation. Interesting cases are often on the front page of the Wall Street Journal. Business growth seems very strong.

Cons

It's fundamentally a client services business, so there is a lot of volatility in hours and stress levels. This is true both across individuals and for individuals over time. Graduate school sponsorships are decades behind top strategy consulting firms.

Graduate school sponsorships are decades behind top strategy consulting firms.

20 February 2019

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16 English questions out of 16