Lehman Brothers Reviews

Updated September 23, 2014
Updated September 23, 2014
187 Reviews
4.1
187 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

50 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Short Tile

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Lehman Brothers

    Pros

    Great pay. Great benefits, almost too good to be true.

    Cons

    Company seems to take on a lot of market risk.

  2.  

    Investment Banking

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Lehman Brothers

    Pros

    Great firm. It's a shame it went bankrupt.

    Cons

    No major cons at all.

  3.  

    I work for Lehman Bros.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Aviation in New York, NY
    Current Employee - Aviation in New York, NY

    I have been working at Lehman Brothers as a contractor (more than 3 years)

    Pros

    Money, Location, Culture, People, great team

    Cons

    Bankruptcy, Long hours, management too aggressive with risk, greed, and cut-throat policies

    Advice to ManagementAdvice

    too late for that

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review
  5.  

    Built derivatives trades reconciliation/valuation models

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Lehman Brothers

    Pros

    great company with lots of smart people

    Cons

    too big that you are not noticable to senior management

  6.  

    Lehman has been an amazing place to build a career in finance. Amazing colleagues, cutting edge work.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY

    I have been working at Lehman Brothers

    Pros

    Amazing colleagues, cutting edge work, still some remnants of the collegial feel that one characterized investment banking.

    Cons

    The bank faces a bleak future.

    Recommends
    Approves of CEO
  7.  

    Ok place to be given compensation and work-life balance

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY

    I have been working at Lehman Brothers

    Pros

    Compensation, work-life balance, and relative lack of stress are all benefits of working at the Lehman Estate in bankruptcy these days

    Cons

    Over time, the finite end to the bankruptcy and lack of urgency surroudning many activiites can be somewhat dispiriting and demotivating

    Advice to ManagementAdvice

    More effective communication with staff about the firm's goals, direction and plans would be welcome. It would have some positive impact on morale

    Disapproves of CEO
  8.  

    I entered Lehman Brothers as an intern in 2008.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Tax Intern in Jersey City, NJ
    Current Employee - Tax Intern in Jersey City, NJ

    I have been working at Lehman Brothers

    Pros

    compensation is very fair compared to other internships

    Cons

    No room for growth as of now

    Advice to ManagementAdvice

    more hands on projects

    Approves of CEO
  9.  

    An educational and growing experience in Finance.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Analyst in New York, NY
    Current Employee - Analyst in New York, NY

    I have been working at Lehman Brothers

    Pros

    Working with some of the brightest people in the industry.

    Cons

    Since Bankrupcty, promotions and raises are not offered to those individuals who have shown progression and devotion to the cause. Performance reviews are not conducted.

    Doesn't Recommend
    No opinion of CEO
  10.  

    Never More

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Lehman Brothers

    Pros

    At one point an AMAZING brand...now just a memory of what could/should have been. Such a shame that so many are out of work

    Cons

    We went bankrupt....is there any more to say??? Leaders lead us to a hole in the ground and made the Firm a disgrace

    Advice to ManagementAdvice

    Managers need to have open eyes at all times and be aware of what people are trying to tell them...

    Recommends
    No opinion of CEO
  11.  

    Good experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Senior Software Developer
    Current Employee - Senior Software Developer

    I have been working at Lehman Brothers

    Pros

    Good culture, surrounded by bright people. Good work life balance. The pay is comparable to other investment firms.

    Cons

    It's in bankruptcy now. Majority of legacy Lehman in New York is now part of BarCap.

    Advice to ManagementAdvice

    Keep up the good work, be aware of the risk.

    Recommends
    No opinion of CEO

Lehman Brothers Photos

Work at Lehman Brothers? Share Your Experiences

Lehman Brothers

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.