Lake Partners Interview Questions & Reviews
Updated Apr 21, 2012 – Interview questions and reviews posted anonymously by interview candidates.
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Difficulty Rating [?] Based on 3 ratings |
Interview Experience [?] Based on 3 ratings
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Consultant at Lake Partners
Posted Apr 21, 2012
3.0
Average Interview
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Overall Neutral Experience
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Interviewed and No Offer
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Interviewed Mar 2012 (took 2 days)
I had two interviews. I met with two people each time. Every person had a case. In the first round I had two cases from two different analysts. In the second round I got two more cases from a partner and from the boss. After short chit-chats, the cases lasted about 20 minutes. The boss asked only asked a few questions before jumping into his case.
3 of the cases were very straightforward, the prepping for a case interview materials prepared me well for the first 3. The boss's case was about an article that said "there's an 87 day wait time for doctors in the LA area". What he wanted was a clear process going from what's really going on to what's the headline. (the punchline is that people on Medicaid can't get preventive care - which if you've ever encountered Medicaid isn't going to be news to you.)
The boss also gave some answers to some of my questions that I felt uncomfortable about. He said he didn't want to see the firm grow in employees because he really enjoyed "being involved in every project". He also mentioned that he "liked having a soapbox" and being in a position where people "had to listen to him"
Interview Questions
Other Details
The interview consisted of a 1:1 Interview.
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Consultant at Lake Partners
Posted Jan 26, 2012
4.0
Difficult Interview
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Overall Neutral Experience
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Interviewed and No Offer
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Interviewed Jan 2012 in Seattle, WA (took a day)
I met with two different current consultants and each presented a case study after a fairly cursory resume review. They were more process than result oriented and asked you to detail your thought process more than anything. These two were in drastically different industries (online advertising and for-profit healthcare) and the interviewers tried to offer little guidance and mostly observe your approach.
Interview Questions
Other Details
I got the interview through a College or University and the interview consisted of a 1:1 Interview and a Skills Test.
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Analyst at Lake Partners
Posted Jun 13, 2011 — 4 of 4 people found this helpful
3.0
Average Interview
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Overall Neutral Experience
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Interviewed and No Offer
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Interviewed Dec 2010 in Seattle, WA (took 2 weeks)
The first round for local candidates is an in-person at their offices downtown, lasts about an hour, and is divided into two parts: a Q&A and 1-2 cases. Lake makes it very clear that they're looking for people with an established consulting skill set, and their interview process reflects this. They asked uncomplicated questions, asking me to walk through my resume and about prosaic details like what I'm reading right now.
The case component is pretty straightforward and will include a business problem Lake has recently or is actively tackling. If you're unfamiliar with the case interview format, pick up Cosentino's Case in Point and practice like it's your job. The interviewer was fair but firm in responding to me throughout the case, offering both affirming and detracting comments throughout. Be aware that, at this juncture, the case is very brief (more back of the envelope than true case), so get your questions done quickly and have an answer ready within 15 minutes. I took 25, and it was clear by the end of it that I had taken too long - had I locked down the scope of the question earlier, I should have been able to finish in 10.
Seattle candidates: don't go in to this interview expecting Accenture/Deloitte/Hitachi. Lake is trying to position themselves on level with McKinsey/Bain/BCG, and this comes through in both their recruiting & interview strategies. They're a boutique firm (~13 employees including the partners), but heavily recruit nationwide. They interview many, many candidates but accept almost none of them. Among the half dozen people I know who interviewed with them, not a single one got a second round. Their prospect mining list includes all of the Ivys, Princeton, Stanford, etc. My interviewer (who was an Analyst) had a master's in electrical engineering, was in his late 20s, and probably wary of being BSd at by some upstart undergrad.
Anecdotal: in keeping with their preference for candidates with consulting skills, Lake seems to put strong emphasis on client interaction soft skills, so be extremely diligent about communicating promptly and clearly, responding to all e-mails, confirming important information, getting contact information whenever you don't have it, and following up proactively.
Interview Questions
Other Details
I got the interview through a College or University and the interview consisted of a 1:1 Interview.
Helpful Interview?
Yes |
No
Inappropriate?