Pros
I worked in the LATAM consultancy department, in which the main pro is the coworkers. There's an excellent working climate of kind people helping each others, and the team managers of the groups are the best kind of bosses that anybody could choose. They are the human part that you expect from a boss. Another pro is that is a good enterprise to start with if you are an intern; there's a very good salary. For an intern too, the benefit of the consultancy is that you share all the parts of the business, so you can have a global vision of which is the need of the costumer, the problems faced by I+D, the support you could expect from the systems area, the economic impact of the developed software... To sum up, it's a good place to start your professional career.
Cons
The stress that's in the LATAM area is unbereable. The same pattern is repeated constantly and it's the following: Commercials sell a project with a very few consultancy hours, then this project is sent to the consultancy area in which the project manager has to work wonders to make a consultant do whatever the costumer wants in a very narrow period of time. So finally, the struggle is to make the workload of aprox 60h in 40h, and you can understand it one, two, or three weeks, but when it's becoming a year like that, you get very fed up. What's more, the HR department is a mess. They can't expect to manage all the human aspects of an enterprise of this amount of people by only 2 employees. As I said before, the employees (not only in consultancy) are very stressed but they continue without investing in ways to reduce it. Otherwise, a lot of people has came into consultancy area with the promise of moving to another department after a several months so you can understand how the enterprise works, but this moving never gets. Another aspect of the little worrying about what does the employee need. Finally, if you expect that the experience in consultancy will work for another enterprises, forget about it because they use proprietary software. The only skills you'll develop by staying here is to work faster, more organized and more efficient.