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

L.E.K. Consulting Reviews

Updated 17 February 2019
380 reviews

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3.5
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L.E.K. Consulting Global Managing Partner Stuart Jackson
Stuart Jackson
154 Ratings

Employee Reviews

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Pros
Cons
  • "Work life balance becomes an issue at times" (in 64 reviews)

  • "Long hours, limited project diversity" (in 76 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. "Great company, best moment"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Consultant in São Paulo, São Paulo (Brazil)
    Current Employee - Consultant in São Paulo, São Paulo (Brazil)
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Comparable salaries to MBB
    Great for career growth once the company is growing more than competition
    Swap program in the USA or UK (working 6 months abroad)
    Part of the Americas Staff, which means that yon can be staffed in the USA for projects.

    Cons

    Long hours like any strategy consulting company

  3. Helpful (1)

    "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


  4. "Standard Teaching Gig"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Teacher in Singapore (Singapore)
    Former Employee - Teacher in Singapore (Singapore)
    Recommends
    Neutral Outlook

    I worked at L.E.K. Consulting full-time (More than 5 years)

    Pros

    Flexible Schedule part of the year

    Cons

    Intensive schedule is insane and hectic


  5. "Been here 3 years, planning on more!"

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

    I have been working at L.E.K. Consulting full-time (More than 3 years)

    Pros

    Low travel
    Interesting work
    MDs invest in you (once you show interest, and commitment)
    All growth strategy and commercial due diligences
    Never have to sit in useless meetings
    Pay is well above most other consulting shops (ex-MBB)

    Cons

    A1 year is rough - little control over your life, and lots of grunt work - but it gets better!
    Long hours
    Some projects just suck
    Promote through timeline is way too long


  6. "Stellar place to gain skills and a diversity of experience"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate in Los Angeles, CA (US)
    Current Employee - Associate in Los Angeles, CA (US)
    Recommends
    Positive Outlook

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

    Pros

    The opportunity to either be a generalist or specialize. I came to L.E.K. because of their phenomenal Life Sciences practice and I was not disappointed. The partners are extremely knowledgeable & the managers have played an active role in my career development. The cases are interesting and have impact. Within my first 6 months, I was owning my own workstream. Working locally has allowed me to develop relationships with people outside of my current case.
    Hours will fluctuate depending on the case, but are generally less intense in the more strategy-focused Life Sciences practice.

    Cons

    You don't get much client interaction early on as work is done primarily in the office

    Advice to Management

    Provide Associates with the opportunity to present in client meetings


  7. "Strong career accelerator"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

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

    Pros

    Good pay, minimal travel, fast paced, early management experience

    Cons

    Long hours, limited project diversity

  8. "Stimulating work, challenging lifestyle"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Life Sciences Consultant
    Current Employee - Life Sciences Consultant
    Positive Outlook

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

    Pros

    Smart, good people
    Fast-paced environment with lots of opportunities to learn

    Cons

    Tough lifestyle leads to high turnover and perpetually understaffed and overtaxed teams. It's a vicious cycle.

    Advice to Management

    Keep doing more to retain good people. The award for winning the pie eating contest shouldn't be more pie.


  9. "Australian offices the best in the firm's global network"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Consultant in Sydney (Australia)
    Current Employee - Consultant in Sydney (Australia)
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    - Strategic focus
    - Very nice and genuine people, from partners to associates
    - Feels like family and the firm takes care of the people
    - Amazing personal development
    - Interesting projects for some of the biggest clients in Australia and NZ

    Cons

    - Brand not as strong globally
    - Not too many large-scale transformation work

    Advice to Management

    - Really need to grow the business


  10. Helpful (1)

    "Research Firm, not Strategy Consulting; Repetitive Work; Limited Exit Opportunities"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Consultant in Chicago, IL (US)
    Former Employee - Consultant in Chicago, IL (US)
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    - Learn good research techniques
    - A few good Partners, if you get to work with them
    - Free dinners

    Cons

    - Primarily Research, not Strategy Consulting: While the company brands itself as Strategy Consulting, most of the work the firm does is on producing large research reports for corporate or PE firms. Consultants and Associates spend most of their time doing research or creating slides, with little to no interaction with the clients. Typically, you’re not solving any “problem” for the client, simply producing a research report on the industry. After the first 2 reports, you’re basically doing the same thing over and over and not learning anything new. This results in limited learning and limited exit opportunities when you haven’t worked in a real corporate environment. While the company says it competes with the big strategy firms (MBB, even Deloitte, PwC, etc.), it’s relatively unknown in the market, making it hard to find a job outside as you always have to explain what L.E.K. does.

    - Poor Staffing Model: Typical teams only have 50% of a Manager dedicated to them, so the Consultant is running the day-to-day. While the company plays this off as a great leadership opportunity, it’s primarily done to make projects more profitable and puts tremendous burden on Consultants. It's also challenging for the Associates as they're being managed by someone who's not only learning how to manage but also learning consulting. You’re expected to work late nights regularly to keep up, while Managers only check in when needed.

    - Work Life Balance: While consulting in general is a demanding career, L.E.K. is known for its “sweatshop” culture, especially at the Associate and Consultant ranks. While most Managers and Partners leave the office by 6pm, Consultants and Associates typically work late into the night (past midnight is not uncommon). The company has tried to put some initiatives in place to give the teams one day a week to leave the office at 6pm, the remaining days you’re expected to work late. While you can order dinner for free, it gets old to eat take out every day for dinner.

    - Diversity: Not very diverse as a firm, especially at the senior ranks. Take a look at the US leadership on their website. 0 African American, 4 Women (7%) out of 57 Partners – 3 of whom have been at the company since the 90s. The lack of diversity permeates throughout the culture of the firm. The company has had diversity initiatives each year, but they’re mostly superficial and no concrete steps have been taken to change anything.

    Advice to Management

    - Diversify beyond research reports or stop branding the firm as Strategy Consulting
    - Update staffing model