L.E.K. Consulting Reviews | Glassdoor

L.E.K. Consulting Reviews

Updated March 14, 2019
384 reviews

Filter

Filter


3.4
StarStarStarStarStar
Rating TrendsRating Trends
Recommend to a friend
Approve of CEO
L.E.K. Consulting Global Managing Partner Stuart Jackson
Stuart Jackson
156 Ratings

Employee Reviews

Sort: PopularRatingDate

Pros
Cons
  • "Work life balance becomes an issue at times" (in 64 reviews)

  • "Long hours, limited project diversity" (in 76 reviews)

More Pros and Cons

  1. "Associate"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at L.E.K. Consulting full-time

    Pros

    Really friendly people
    Lots of fun events planned throughout the year (Christmas Party, Halloween)

    Cons

    Long hours (but it's expected of consulting)
    Not as much travel as MBB


  2. "Good training"

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

    I worked at L.E.K. Consulting full-time (More than a year)

    Pros

    Great training to kick start a career

    Cons

    Hierarchy, long hours, ... ...

  3. Helpful (3)

    "Dont take this coop,"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Case Team Assistant in Boston, MA
    Former Employee - Case Team Assistant in Boston, MA
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    I worked at L.E.K. Consulting part-time (Less than a year)

    Pros

    Cool people, good offices, good money

    Cons

    repetitive
    they wont hire you
    little respect
    cases don't do much
    terrible work life balance


  4. Helpful (1)

    "Stellar place to gain skills and a diversity of experience"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate in Los Angeles, CA
    Current Employee - Associate in Los Angeles, CA
    Recommends
    Positive Outlook

    I have been working at L.E.K. Consulting full-time (Less than a year)

    Pros

    The opportunity to either be a generalist or specialize. I came to L.E.K. because of their phenomenal Life Sciences practice and I was not disappointed. The partners are extremely knowledgeable & the managers have played an active role in my career development. The cases are interesting and have impact. Within my first 6 months, I was owning my own workstream. Working locally has allowed me to develop relationships with people outside of my current case.
    Hours will fluctuate depending on the case, but are generally less intense in the more strategy-focused Life Sciences practice.

    Cons

    You don't get much client interaction early on as work is done primarily in the office

    Advice to Management

    Provide Associates with the opportunity to present in client meetings


  5. Helpful (1)

    "Been here 3 years, planning on more!"

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

    I have been working at L.E.K. Consulting full-time (More than 3 years)

    Pros

    Low travel
    Interesting work
    MDs invest in you (once you show interest, and commitment)
    All growth strategy and commercial due diligences
    Never have to sit in useless meetings
    Pay is well above most other consulting shops (ex-MBB)

    Cons

    A1 year is rough - little control over your life, and lots of grunt work - but it gets better!
    Long hours
    Some projects just suck
    Promote through timeline is way too long


  6. Helpful (1)

    "Stimulating work, challenging lifestyle"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Life Sciences Consultant
    Current Employee - Life Sciences Consultant
    Positive Outlook

    I have been working at L.E.K. Consulting full-time (More than a year)

    Pros

    Smart, good people
    Fast-paced environment with lots of opportunities to learn

    Cons

    Tough lifestyle leads to high turnover and perpetually understaffed and overtaxed teams. It's a vicious cycle.

    Advice to Management

    Keep doing more to retain good people. The award for winning the pie eating contest shouldn't be more pie.


  7. "Strong career accelerator"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at L.E.K. Consulting full-time

    Pros

    Good pay, minimal travel, fast paced, early management experience

    Cons

    Long hours, limited project diversity

  8. Helpful (7)

    "Research Firm, not Strategy Consulting; Repetitive Work; Limited Exit Opportunities"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Consultant in Chicago, IL
    Former Employee - Consultant in Chicago, IL
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at L.E.K. Consulting full-time (More than a year)

    Pros

    - Learn good research techniques
    - A few good Partners, if you get to work with them
    - Free dinners

    Cons

    - Primarily Research, not Strategy Consulting: While the company brands itself as Strategy Consulting, most of the work the firm does is on producing large research reports for corporate or PE firms. Consultants and Associates spend most of their time doing research or creating slides, with little to no interaction with the clients. Typically, you’re not solving any “problem” for the client, simply producing a research report on the industry. After the first 2 reports, you’re basically doing the same thing over and over and not learning anything new. This results in limited learning and limited exit opportunities when you haven’t worked in a real corporate environment. While the company says it competes with the big strategy firms (MBB, even Deloitte, PwC, etc.), it’s relatively unknown in the market, making it hard to find a job outside as you always have to explain what L.E.K. does.

    - Poor Staffing Model: Typical teams only have 50% of a Manager dedicated to them, so the Consultant is running the day-to-day. While the company plays this off as a great leadership opportunity, it’s primarily done to make projects more profitable and puts tremendous burden on Consultants. It's also challenging for the Associates as they're being managed by someone who's not only learning how to manage but also learning consulting. You’re expected to work late nights regularly to keep up, while Managers only check in when needed.

    - Work Life Balance: While consulting in general is a demanding career, L.E.K. is known for its “sweatshop” culture, especially at the Associate and Consultant ranks. While most Managers and Partners leave the office by 6pm, Consultants and Associates typically work late into the night (past midnight is not uncommon). The company has tried to put some initiatives in place to give the teams one day a week to leave the office at 6pm, the remaining days you’re expected to work late. While you can order dinner for free, it gets old to eat take out every day for dinner.

    - Diversity: Not very diverse as a firm, especially at the senior ranks. Take a look at the US leadership on their website. 0 African American, 4 Women (7%) out of 57 Partners – 3 of whom have been at the company since the 90s. The lack of diversity permeates throughout the culture of the firm. The company has had diversity initiatives each year, but they’re mostly superficial and no concrete steps have been taken to change anything.

    Advice to Management

    - Diversify beyond research reports or stop branding the firm as Strategy Consulting
    - Update staffing model


  9. "Tons of opportunity and learning, but tough culture"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Associate Consultant
    Current Employee - Senior Associate Consultant
    Approves of CEO

    I have been working at L.E.K. Consulting full-time

    Pros

    A ton of opportunity to learn
    Exposure to many industries and teams
    Constantly being challenged

    Cons

    Difficult lifestyle that inevitably leads to burnout


  10. Helpful (3)

    "Associate"

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

    I have been working at L.E.K. Consulting full-time

    Pros

    - Fun, social colleagues
    - Steep learning curve and will come out with more technical skills than other other consulting firms

    Cons

    - COMPENSATION, without a doubt. We are not competitive with other consulting firms and management tries to lie to themselves that we are but open your eyes because we have problems with recruiting top talent because our compensation is not competitive. Promotion raises are minimal as well as, and a major factor for our retention problem

    -HR is terrible, they don't care about the needs of the employees

    - Allocations

    - Upper management does not seem to care about any of their Associates, who are the driving force behind this organization

    - No work life balance

    Advice to Management

    Pay your employees more and actually take into consideration their needs