Pros
Most fellows are truly talented and amazing individuals at LM. I get a steady paycheck. Flexible work hours if you have the right managers.
Cons
Poor talent management: Salary grade 4-6 people sleeping in their cubes all day. Poor talent management: People all around me fail to execute and it just continues. Poor talent management: Talented people salary grade 1-3 are constantly leaving the company. Poor talent management: Extreme salary compression. Unethical practices: Managers discouraging innovation and solutions so that LM can charge the government more billable hours, which results in a higher profit for the company. Unethical practices: Inconsistent labor charging practices. Unethical practices: Ethics reporting ignored. Poor culture: Career path is most influenced by who you know. Second most influenced by number of years at the company. And least influenced by work performance. Poor culture: Putting out fires is rewarded. Preventing fires is unrewarded and sometimes punished (see first unethical practices point). The highest performing young talent all seem to have one foot out the door. As soon as the economy gets better, I predict a mass exodus.