Lehman Brothers

  www.lehman.com
  www.lehman.com

Lehman Brothers Reviews

Updated December 5, 2014
Updated December 5, 2014
192 Reviews
4.2
192 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 20 reviews)

  • Towards the end there was morebegoninvolved by he senior management and that led to the rims downfall (in 15 reviews)

More Highlights

34 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Great place to work

    Former Employee - Associate in New York, NY
    Former Employee - Associate in New York, NY

    I worked at Lehman Brothers

    Pros

    Great learning experience and steppingstone to the next opportunity. I would recommend working here especially if you are just starting your career.

    Cons

    Normal investment banking hours and culture so you have to be prepared for that. As long as you know what to expect, it is a good employment experience.

    Advice to ManagementAdvice

    I would suggest improved communication up and down the leadership chain in general as my advice to management.

  2.  

    Working for the Estate

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

    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
  3.  

    Great people. Great culture. Strong development

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

    I worked at Lehman Brothers

    Pros

    Strong track record in departments. Growth potential at firm. Training for employees. Continuous learning. Nice outings to sports, cultural, and other events. Many incentives for employees.

    Cons

    Stock price. Important to plan time off; ie advise office of an upcoming trip. Given size of company, interaction with senior people may occur 1-2x per quarter. However, people show willingness to meet with employees at all levels.

    Advice to ManagementAdvice

    Continue to invest in employee development. Continue to pursue growth opportunities.

    Recommends
    Negative Outlook
    Approves of CEO
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  5.  

    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.

  6. 1 person found this helpful  

    Review

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate in London, England (UK)
    Current Employee - Associate in London, England (UK)

    I have been working at Lehman Brothers full-time (more than 3 years)

    Pros

    Great unique career experience, the bank invested a lot of time in their staff and the compensation was good. A lot of excellent people professionally and socially.

    Cons

    Obviously the firm going into administration, the job could no longer be guaranteed and the workforce was wound down. This had a negative impact on the atmosphere.

    Recommends
    Negative Outlook
  7.  

    What-a-firm! RIP

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Analyst in Mumbai (India)
    Current Employee - Analyst in Mumbai (India)

    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
  8.  

    Sad to see them go

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Lehman Brothers

    Pros

    Cared about the employees, medical bennies were amazing and an awesome culture

    Cons

    My experience was all positive, I loved working for Lehman Brothers

    Advice to ManagementAdvice

    NA

  9.  

    Very happy to work at lehman

    Former Employee - Senior Database Developer in Jersey City, NJ
    Former Employee - Senior Database Developer in Jersey City, NJ

    I worked at Lehman Brothers as a contractor (more than 5 years)

    Pros

    Good work culture, good office environment , employee welfare, women employees welfare , good career growth

    Cons

    Personally I have nothing much to say as cons for working at Lehman, everything seemed to be quite good for career and work environment

  10.  

    gone

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

    I have been working at Lehman Brothers full-time (less than an year)

    Pros

    it was a great place

    Cons

    but it has gone bankrupted

    Recommends
    Negative Outlook
    Approves of CEO
  11.  

    Great place for a summer job

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Investment Banking Summer Analyst in New York, NY
    Former Employee - Investment Banking Summer Analyst in New York, NY

    I worked at Lehman Brothers as an intern (less than an year)

    Pros

    Interesting work, very good team.

    Cons

    Difficult time for the firm

    Recommends
    Negative Outlook
    Approves of CEO

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