Cornerstone Research Reviews | Glassdoor

Cornerstone Research Reviews

Updated February 11, 2019
151 reviews

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3.9
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Cornerstone Research President and CEO Michael E. Burton
Michael E. Burton
43 Ratings

Employee Reviews

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Pros
Cons
  • "Expectations vary between teams, and the New York office especially has bad work life balance expectations" (in 17 reviews)

  • "Sometimes long hours do need to be put in to get the job done" (in 13 reviews)

More Pros and Cons

  1. "Great place to keep using economics PhD outside of academia"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate in Boston, MA
    Current Employee - Associate in Boston, MA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Cornerstone Research full-time (More than 3 years)

    Pros

    Continue to perform economic analyses after your PhD. Access to incredible data. Involved in front-page, interesting issues. Very bright and collaborative coworkers. Significant investment made in maintaining firm culture. Recent expansion in workplace flexibility (e.g., work from home whenever needed).

    Cons

    Significant variation in hours. Fixed timeline for promotion.


  2. "Interesting and challenging work, brilliant colleagues"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate in Washington, DC
    Current Employee - Associate in Washington, DC
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Cornerstone Research full-time (More than a year)

    Pros

    Super interesting cases, great experience, great colleagues, top of the market pay

    Cons

    Inconsistent workload - periods of being slow or being super busy

    Advice to Management

    Great job!

  3. Helpful (2)

    "Great culture, interesting cases"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst
    Current Employee - Analyst
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Cornerstone Research full-time

    Pros

    The culture is great. People are quirky and intelligent. The cases are some of the most complex and challenging.

    Cons

    Expectations vary between teams, and the New York office especially has bad work life balance expectations. It also has more finance cases which are on the boring side.

    Advice to Management

    Set clear expectations of when a work product should be delivered, and don't blame analysts for leaving early when there's nothing to do.


  4. "Good career for Econ PhDs"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Manager in New York, NY
    Current Employee - Senior Manager in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Cornerstone Research full-time (More than 5 years)

    Pros

    -Most projects are interesting and involve cool data
    -Colleagues are all very intelligent people who are fun to hang out with
    -Get to work on multiple types of cases across different industries and practices
    -Faster paced (in a good way) compared to academics

    Cons

    The firm has had a lot of work in the last year, so many managers were quite busy. The firm is working on hiring more PhDs to keep up with the demand for our services, which will hopefully lead to fewer busy periods.


  5. "Associate"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate in Chicago, IL
    Current Employee - Associate in Chicago, IL
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at Cornerstone Research full-time (More than a year)

    Pros

    Good pay, flexible re schedule, you learn a lot at the beginning.

    Cons

    Variability in hours, the learning curve is steep, but it flattens out fairly quickly, not a lot of role models at teh management level.


  6. "Great Company, Great Culture"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Analyst in Washington, DC
    Current Employee - Senior Analyst in Washington, DC
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Cornerstone Research full-time (More than a year)

    Pros

    Cornerstone provides great training and work experience. Great exit opportunities following the analyst experience. The firm has a fantastic culture, and the analysts are good friends with one another.

    Cons

    Hours can be long, because our project deadlines are determined by judges and attorneys.


  7. "Would not recommend for PhD"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - PhD Associate
    Former Employee - PhD Associate
    Doesn't Recommend
    Disapproves of CEO

    I worked at Cornerstone Research full-time

    Pros

    I do think it is a good place for analysts out of college. Just not for PhDs.

    Cons

    Honestly, I was miserable working at Cornerstone and would recommend other PhDs to not join if they have outside options. You'll likely quickly feel as though you had wasted your PhD by working here. Of the PhDs I've talked to, those who have stayed in academia or gone to other industry jobs (whether banking, tech), NGO, or government have been happier.

    My views seem to be consistent with the high level of associate turnover in recent years.

  8. "Cornerstone"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Cornerstone Research full-time

    Pros

    Good and smart people, generally interesting and challenging work, high quality company

    Cons

    Work like balance can be difficult


  9. Helpful (2)

    "If coming in as an associate, be very certain this is what you want to do"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Cornerstone Research full-time

    Pros

    *some interesting cases and good managers
    *coworkers are generally good natured and culture is collegial
    *work with very smart people: analysts, colleagues, professors, lawyers from big law firms
    *get to take leadership of cases very soon
    *pay is very competitive to the consulting industry , expect $170K (base) to start for associate and if you stay and make it to first year of Principal (generally 7 years) on average expect to make $450K (including bonus). Base pay doesn't increase very much from Associate to Principal but the normal bonus % will increase from 15% of base pay to 50% of base pay.
    *good benefits and flexibility to work from home as needed
    *very little travel required

    Cons

    *Average hours worked is 50 (40 billable on cases and 10 for firm development) but the hours week over week are very unpredictable. You can suddenly be overwhelmed by multiple cases with deadlines. Long nights and weekend work is normal. If you happen to get a very busy year you are barely compensated for the extra hours worked so no incentive to go above 50 hours per week. Hours and stress do not get better with seniority
    *once you establish reputation as having worked on a type of case you may be working on the same type of case over and over. Stopped learning
    *some terrible managers that can't manage nor communicate well
    *exit options are very limited for associates and up. Don't come unless absolutely sure you want to do economic consulting


  10. Helpful (1)

    "Decent place, but extremely political"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Manager
    Former Employee - Manager
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Cornerstone Research full-time (More than 3 years)

    Pros

    Smart coworkers, great analyst pool.

    Cons

    Work life balance. Very important to have partners who will mentor you.

    Advice to Management

    Need to have better work life balance.