Lehman Brothers

  www.lehman.com
  www.lehman.com
There are newer employer reviews for Lehman Brothers

 

The sad tale for lehman

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • 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

Pros

Great place to work. People are cordial, and welcoming. The culture is strong yet inclusive. Management is very approachable, and responsibilities are high. I would say like any BB, Lehman was a prestigious place to work. In IBD you need to work somewhere where you feel proud to be because the hours will wear on you after a while.

Cons

Job security, obviously, working there during the summer was less risky then a full time position, but you still had to question whether or not the company would make it through. Although Lehman went bankrupt, it should be interesting to see what happens with former Lehmanites going to Barcap. In that regard the new firm would be a melting pot for both entities especially in NA.

Advice to ManagementAdvice

none

Recommends
No opinion of CEO

190 Other Employee Reviews for Lehman Brothers (View Most Recent)

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  1.  

    quality work, quality people and quality reputation but wish it stood

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

    I have been working at Lehman Brothers

    Pros

    plenty of opportunity to grow
    firm has a great reputation
    good respect earner in the industry
    very flexible work atmosphere and culture
    people are great and tend to be appreciative of good work
    the firm gives employees a great deal of respect and accomodates their needs
    their investment banking unit is arguably the best on wall street and many bankers from other firms tend to want to come to lehman at a later stage of their career.
    quality work, quality people and quality reputation
    great work life balance, you don't end up like bankers in other firms
    people tend to be happy with what they are doing

    Cons

    can get bureaucratic at times

    Advice to ManagementAdvice

    better strategy implementation

    Recommends
    Approves of CEO
  2.  

    how it used to be

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

    I worked at Lehman Brothers

    Pros

    Smart people. Competitive. You learn a lot just from other people, but you also have access to a lot of research and training. On-going training in particular is highly encouraged and supported by managers. From my observations, people are quite empowered at most levels and departments within the firm, given a lot of responsibility, not what you might expect from a very large firm.

    Cons

    Technology in many departments is dated and inefficient. Management slow to implement changes and alter the status quo. You know you are at a large, bureaucratic firm and feel the frustrations associated with seeing things slow to change and seeing no action taken by management to fix known problems. But this is no more pronounced than with any other large firm in my experience.

    Advice to ManagementAdvice

    NA

    Recommends
    No opinion of CEO
There are newer employer reviews for Lehman Brothers

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