Lehman Brothers

  www.lehman.com
  www.lehman.com

Lehman Brothers Reviews

Updated December 14, 2014
Updated December 14, 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

Employee Reviews

Sort: Popular Rating Date
  1.  

    Nice office, better managevent needed

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Lehman Brothers

    Pros

    Location, location, location. Office with beautiful views.

    Cons

    Poor management, disorganized from day one.

  2.  

    Good place to intern for a summer or two.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in Jersey City, NJ
    Former Employee - Anonymous Employee in Jersey City, NJ

    I worked at Lehman Brothers as an intern (more than 3 years)

    Pros

    Nice environment, great compensation. Hard Driving Environment but beneficial.
    Work location is great and the people treat each other like family.

    Cons

    Limited growth and limited work time frame. General lack of communication across departments.
    it seems like the more experienced members get little chance to grow with the focus on the lower staff.

    Advice to ManagementAdvice

    Listen to the little people, they will tell you how things can be improved.

    Recommends
    Negative Outlook
    Disapproves of CEO
  3.  

    Company is downsizing.

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

    I worked at Lehman Brothers full-time (more than 3 years)

    Pros

    Not much. Firm is closing down as soon as they can.

    Cons

    Low morale. Even if you want to do something good some old-minded folks will shut you down.

    Advice to ManagementAdvice

    Instill some culture, enable ideas even if you are closing the company.

    Doesn't Recommend
    Negative Outlook
    No opinion 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.  

    Great while lasted

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

    I worked at Lehman Brothers full-time (less than an year)

    Pros

    Reputation was good until... you know

    Cons

    Hours were not the best

    Advice to ManagementAdvice

    Stay in business

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  7.  

    Great Experience

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

    I worked at Lehman Brothers full-time (more than an year)

    Pros

    Great people, challenging environment with career growth opportunities and strong mentors!

    Cons

    Lack of work life balance

  8.  

    it is over!

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

    I worked at Lehman Brothers full-time (more than 3 years)

    Pros

    learned how to make money and appreciate savings

    Cons

    company went down the drain. Know who is steering the ship!

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  9.  

    I work for Lehman Bros.

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

    I have been working at Lehman Brothers as a contractor (more than 3 years)

    Pros

    Money, Location, Culture, People, great team

    Cons

    Bankruptcy, Long hours, management too aggressive with risk, greed, and cut-throat policies

    Advice to ManagementAdvice

    too late for that

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  10.  

    analyst / structuring

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

    I worked at Lehman Brothers full-time (more than an year)

    Pros

    great people, gave lots of responsibility early on

    Cons

    hard to move laterally between desks

    Recommends
    Neutral Outlook
    No opinion of CEO
  11.  

    Working at Lehman

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Lehman Brothers

    Pros

    Money, Location, Culture, People, Hours

    Cons

    Bankrupt, Hours, Culture, CEO, Executive Management

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