Lehman Brothers

  www.lehman.com
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Lehman Brothers Reviews

Updated Jul 11, 2014
All Employees Current Employees Only

3.5 183 reviews

40% Approve of the CEO

Lehman Brothers CEO Richard Fuld Jr.

Richard Fuld Jr.

(20 ratings)

64% of employees recommend this company to a friend

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
  • Managers show no sympathy for junior people for working ultra long hours(in 18 reviews)

  • Towards the end there was morebegoninvolved by he senior management and that led to the rims downfall(in 14 reviews)

183 Employee Reviews
Relevance Date Rating
in
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    analyst / structuring

    Analyst (Former Employee) New York, NY

    Prosgreat people, gave lots of responsibility early on

    Conshard to move laterally between desks

    Yes, I would recommend this company to a friend

     

    Working at Lehman

    Anonymous Employee (Former Employee)

    ProsMoney, Location, Culture, People, Hours

    ConsBankrupt, Hours, Culture, CEO, Executive Management

     

    Built derivatives trades reconciliation/valuation models

    Anonymous Employee (Current Employee)

    Prosgreat company with lots of smart people

    Constoo big that you are not noticable to senior management

  1. We want your feedback – Are these company reviews helpful to you?  Yes | No

     

    Sad to see them go

    Anonymous Employee (Former Employee)

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

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

    Advice to Senior ManagementNA

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

    1 person found this helpful  

    Horrible management.

    Loan Servicing (Former Employee) Lake Forest, CA

    ProsThe pay was decent for the position.

    ConsIncompetent managers, some of which were dishonest and downright shady.

    Advice to Senior ManagementIt's too late to give advice to management. They will go out in a matter of a few years.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    Great culture and people; company ruined by management at the very top

    Research Analyst (Former Employee) New York, NY

    ProsFast-paced environment
    Great culture and benefits
    Good career mobility
    Research department is very collegial

    ConsBankruptcy
    Times Square location
    Long hours
    Top management too aggressive with risk

    Advice to Senior ManagementTake less risk

    Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

     

    Very happy to work at lehman

    Senior Database Developer (Former Employee) Jersey City, NJ

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

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

    • Disapproves of CEO

    1 person found this helpful  

    Greed Can Kill An Organization

    Anonymous Employee (Former Employee)

    ProsIt no longer exists! While it existed, it was a pretty cool environment to work in. The people were very collaborative. It was the senior management that allowed greed to kill such a longstanding organization.

    ConsAfter over 150 years of being in business, greed caused the company to have to liquidate!

    Advice to Senior ManagementThey no longer exist. They are probably somewhere else killing the life of a corporation.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    not much chance of promotion ...

    Senior Trader (Former Employee) New London, NY

    Proswhilst the bank was running - times were good. good environemnt, good career ladder, good pay. not so anymore ...

    Consthe closing of the firm was a blow to the career prospects it offered, the career ladder collapsed. the pay stopped and things generally took a turn for the worse.

    Advice to Senior Managementdon't ruin any more instituations ?

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Great place for a summer job

    Investment Banking Summer Analyst (Former Employee) New York, NY

    ProsInteresting work, very good team.

    ConsDifficult time for the firm

    Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

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