L.E.K. Consulting Reviews | Glassdoor.co.in

L.E.K. Consulting Reviews

Updated 21 April 2019
390 reviews

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3.4
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L.E.K. Consulting Global Managing Partner Stuart Jackson
Stuart Jackson
159 Ratings

Employee Reviews

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Pros
Cons
  • "Work life balance becomes an issue at times" (in 66 reviews)

  • "Long hours, limited project diversity" (in 78 reviews)

More Pros and Cons

  1. "Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Manager in Mumbai
    Current Employee - Manager in Mumbai
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at L.E.K. Consulting full-time (Less than a year)

    Pros

    Great people and global exposure.

    Cons

    Work life balance becomes an issue at times.


  2. "Associate Consultant"

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

    I worked at L.E.K. Consulting full-time

    Pros

    Great people, intellectually stimulating, exciting place to be

    Cons

    Work life balance and hours.

  3. "Great people, challenging work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at L.E.K. Consulting full-time

    Pros

    L.E.K. Consulting requires you to travel much less than other strategy houses. This allows you to build strong bonds with colleagues while working on challenging problems.

    Cons

    The hours can be long which is expected. the breadth of work may also be limited in comparison to MBB.

    Advice to Management

    Acquiring key talent will be a key challenge for L.E.K. as they pursue their aspirations for growth. Also, technology and modernisation is key!


  4. "Management - listen to your staff"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate in Boston, MA (US)
    Current Employee - Associate in Boston, MA (US)
    Recommends
    Positive Outlook
    Disapproves of CEO

    I have been working at L.E.K. Consulting full-time (More than a year)

    Pros

    Great people - especially at the associate level

    Low-travel model is great, even though it often results in longer hours compared to other consulting firms

    Cons

    Slower to change and adapt than other firms - archaic staffing methods, fewer employee benefits, etc.

    Pay is beginning to slip compared to it's competitors and management doesn't seem to mind

    Longer hours in general - sometimes a result of poor case management, other times cases are poorly scoped

    Management's apathy to staff complaints has taken a serious toll on morale

    Overall, L.E.K. is growing very quickly, but with a lot of growing pains. Address the issues quickly in order to capitalize on the growth.

    Advice to Management

    Management - PLEASE listen to your staff and take a note from these reviews - they aren't just disgruntled former employees. They're people who are invested in the success of the firm and often bring you very valid complaints and issues. We're feeling ignored and undervalued - you're going to continue to lose great people until you make us feel like you care about us as much as your bottom line.


  5. Helpful (3)

    "Significant changes needed to break downward trend"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate
    Former Employee - Associate
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at L.E.K. Consulting full-time (More than a year)

    Pros

    -intelligent pre-mba associates / office culture varies across offices

    -opportunity exists to be on strategy projects with notable clients, albeit extremely rare

    -exposure to clients, including investment professionals at leading PE firms

    Cons

    -retention has become a serious issue in the past few years, strong performers are almost always overworked and are expected to work miracles on poorly scoped cases

    -the firms follows a mantra of cheaper and faster relative to competing firms, which has significant impact on junior staff (associates and consultants), who more often than not are not properly trained to handle the workload or timeline

    -the staffing model is simply unsustainable and lacks grounding in reality: there is little to no buffer period between cases, scenarios where staff is staffed back-to-back on tough due diligence for more than 6 month stretches in increasingly common

    -brain drain of staff with key technical skills (financial, data analysis, etc.) at the firm with no suitable pipeline of replacements. It often becomes a sink-or-swim situation where capable staff will be forced to either self-learn to get by or the alternative simply to get canned with a terrible review that is completely out of their control

    Advice to Management

    LEK's current business model may be great at driving near term (think 1 to 2 year growth), which at this point is largely driven by the sheer number of due diligence in PE that no other consulting firms want to pick up; the firm is woefully inadequate in planning for long term success

    -concentrate on retention: your staff is your most valuable asset; hiring larger quantities of increasingly incompetent replacements will do little to improve the quality of client deliverables

    -invest to developing capabilities for the 21st century: build out staff with data scientist, statistics qualifications (or stop selling cases that staff have no qualification to do)

    -please have consulting staff / or bare minimum have former consulting staff be part of the allocations process to give staff breathing room on cases or voice pushback against MDs' poor scope


  6. "Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at L.E.K. Consulting full-time

    Pros

    High level of exposure to top management

    Cons

    Worklife balance was very difficult


  7. "Good training"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Boston, MA (US)
    Former Employee - Anonymous Employee in Boston, MA (US)

    I worked at L.E.K. Consulting full-time (More than a year)

    Pros

    Great training to kick start a career

    Cons

    Hierarchy, long hours, ... ...

  8. "Worst consulting firm with terrible culture"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Consultant
    Former Employee - Consultant
    Doesn't Recommend

    I worked at L.E.K. Consulting full-time (More than a year)

    Pros

    Management responsibilities right out of business school. Ton of exposure to due diligence work (because that's basically all you will do)

    Cons

    People manage right away without proper management training which means while people that stay / get promoted might be smart they are not good managers. Work is brutal, they tell you it's a strategy consulting firm but it's actually a due diligence sweat shop. You don't travel but you also never get to go home. Terrible culture that is controlled by HR.

    Advice to Management

    Stop being focused on just profit and actually start caring about people. Attrition levels are extremely high which shows that people don't want to stay, but that management also doesn't care about people staying.


  9. "Good place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Consultant in London, England (UK)
    Current Employee - Consultant in London, England (UK)
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at L.E.K. Consulting full-time (Less than a year)

    Pros

    Very interesting cases
    Good salary
    Smart people

    Cons

    Demanding work atmosphere
    Not very communicative culture


  10. Helpful (4)

    "Dont take this coop,"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Case Team Assistant in Boston, MA (US)
    Former Employee - Case Team Assistant in Boston, MA (US)
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    I worked at L.E.K. Consulting part-time (Less than a year)

    Pros

    Cool people, good offices, good money

    Cons

    repetitive
    they wont hire you
    little respect
    cases don't do much
    terrible work life balance