L.E.K. Consulting

www.lek.com
There are newer employer reviews for L.E.K. Consulting

3 people found this helpful  

To the summer intern candidates, think carefully before you accept!

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Associate Consultant in Boston, MA
Current Employee - Associate Consultant in Boston, MA

I have been working at L.E.K. Consulting

Pros

Good feedback system with a review after each case, generally smart colleagues, opportunity to take on a lot of responsibilities at a junior level, unlimited beverages in the fridge.

Cons

Long hours, most of the time working on something trivial or meaningless because the partners did not scope the case properly. The long hours are also due to lack of resources and time: since the partners are now offering steep discount on cases in order to sell them to new and old clients, they often try to salvage the profit margin by staffing a smaller team for a shorter amount of time than that they envisioned when they first wrote the proposal. Allocations are random and entirely focused on how you can best serve the firm's needs as opposed to, as they will claim, how casework can help you work on your development needs and industry interests (almost EVERYONE will have to work on some life sciences work no matter what). Weak brand, perhaps with life sciences as the only exception to this. Summer interns will not necessarily capture a truthful glimpse of the consultant lifestyle because there is really not enough casework to even keep the full-time employees busy, let alone summer interns. If you are more interested in being wined and dined for the summer, then this might be your place, and you will likely get a full-time offer as long as you show up to work each day since HR is very relaxed about the way they evaluate summer interns…but you will not learn much here and the name on your resume is unlikely to land you something better for full-time.

Advice to ManagementAdvice

Show some more respect to your team, this is a small company and teams usually consist of 3-5 people, there is no reason why partners should have trouble remembering the names of people who work day and night for them. Scope your casework better, if you are going to offer steep discount on a case and then try to salvage profit margin by staffing a lean team on a shorter amount of time, at least know where the team’s limits are and not agree to other out-of-scope requests by the client during the case itself.

Doesn't Recommend
Disapproves of CEO

179 Other Employee Reviews for L.E.K. Consulting (View Most Recent)

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  1. 1 person found this helpful  

    Fast-paced and analytical, less soft-skills consulting. Need to live the 80/20 rule.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Associate Consultant in Boston, MA
    Former Employee - Associate Consultant in Boston, MA

    I worked at L.E.K. Consulting

    Pros

    Analytical and rigorous
    Work hard, play hard colleagues that are fun
    High caliber of talent at all levels
    Good focus on professional development training
    Can get a lot of responsibility quickly

    Cons

    Fast pace and long hours
    High turnover relative to peers
    Lean teams and fast pace leads to sink-or-swim culture
    Work-life balance is difficult to maintain

    Advice to ManagementAdvice

    Give new consultants some support in managing teams
    Staff projects longer or with more people to reduce burn
    Scope projects more effectively

    Recommends
    Approves of CEO
  2.  

    Solid

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - First Year Associate in Boston, MA
    Current Employee - First Year Associate in Boston, MA

    I have been working at L.E.K. Consulting

    Pros

    The people at LEK are great, everyone is really smart and sharp. Compensation is on the lower end of top end consulting firms but relatively high coming out of college.

    Cons

    Communication leaves much to be desired. HR doesn't seemed to be plugged in to firm management. More client interaction would be ideal.

    Advice to ManagementAdvice

    The firm is headed in the right direction, focusing on biotech and other emerging industries. Need to expand their foreign offices more.

    No opinion of CEO
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