L.E.K. Consulting Reviews | Glassdoor

L.E.K. Consulting Reviews

Updated November 12, 2018
366 reviews

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3.4
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L.E.K. Consulting Global Managing Partner Stuart Jackson
Stuart Jackson
151 Ratings

366 Employee Reviews

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Pros
Cons
  • "Work life balance becomes an issue at times" (in 63 reviews)

  • "Long hours and high expectations" (in 73 reviews)

More Pros and Cons

  1. "Associate"

    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

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

    Pros

    No travel and short cases for additional exposure to multiple industries

    Cons

    Long hours
    Associates are giving some mundane tasks


  2. "Consultant"

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

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

    Pros

    Steep learning curve prepares you to solve strategic business problems and manage talented, intelligent teams

    Interesting, impactful cases using traditional and novel market research and analytical tools

    Early and broad client exposure at the C level

    Cons

    Long hours and high expectations

    Advice to Management

    Be more transparent of the challenges and expectations of direct from MBA hires.

  3. "XX"

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

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

    Pros

    - good salary
    -industry exposure
    -constant review
    -no travel

    Cons

    -high burn
    -not a ton of responsibility early
    - primary research heavy


  4. Helpful (1)

    "Experience is luck of the draw"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate in Chicago, IL
    Former Employee - Associate in Chicago, IL
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

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

    Pros

    Incredibly talented and intelligent associates and consultants, reasonable pay, nice offices

    Cons

    Sweatshop, extremely long hours (16+ commonly), arbitrary review cycle, very low retention rate

    Advice to Management

    The tendency to oversell and staff cases with minimal staffing kills employee morale. The Chicago office does not take this into account during reviews, effectively punishing employees for the cases they are allocated to.


  5. Helpful (6)

    "Post-MBA role is terrible"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Consultant in Boston, MA
    Current Employee - Consultant in Boston, MA
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

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

    Pros

    -Some smart and friendly colleagues, especially the Associates
    -A few great Managing Directors (but few and far between)

    Cons

    -Terrible, terrible hours with no sympathy for life. It's part of the culture.
    -Long times between promotions and 'next step up' often doesn't change job
    -Below market compensation
    -Limited exit options
    -U.S. HR is abysmal but seems to run the company

    Advice to Management

    Be kind to your people and staff cases properly. You are stuck in a cycle of recruiting worse and worse people and running teams leaner and leaner. Invest in your people and they'll stop leaving.


  6. "Decent training, good culture among junior ranks"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Life Sciences Specialist in Boston, MA
    Current Employee - Senior Life Sciences Specialist in Boston, MA
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    Great training in pharma and biotech

    Cons

    Poor work hours, limited resources


  7. "Consulting Assistant"

    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
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Brilliant people and colleague to work with, taught so much by the supervisors.

    Cons

    Will be working really late to catch up with the schedule.

  8. Helpful (9)

    "Don’t join post-MBA"

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

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

    Pros

    - You learn a LOT, in a very short amount of time
    - As a Consultant, you are given direct responsibilities of a Manager / Case Team Leader at other firms (although paid as a Consultant); so you need to learn how to manage a team quickly
    - You will meet some really smart and driven (and some fun) co-workers (especially the Associates)
    - Pretty good exit opportunities at Associate level (including LSS); not as much at Consultant level and above

    Cons

    - The company culture is toxic. There is no "care" from the top. Most Partners genuinely don't know or care about how their teams are doing or how to make your life better at the firm. If they can understaff and shorten the timeline, they will always do that - at your expense
    - Consistently long hours - for Consultants, 65-70h / week is the norm
    - No training / mentoring / helping you get better at work. You are there on your own, left to dry, and figuring things out by your sheer willpower. If you do, great - be better and faster; if you don't, sorry, your bad
    - There is a culture of "work hard" but not "work smart". No push back on project scope or cut down unnecessary work. Most of the time is spent trying to please Partners (because of the unhealthy culture of fear)
    - Support functions (HR / security / market research) are NOT helpful. In many cases you would wonder if their existence was just to simply make your life more miserable
    - No leadership. The quality of managers varies greatly and that dictates your hours, quality of life, and pretty much your reviews. Most Partners (with a few exceptions) are not inspiring leaders with no leadership skills. Role models? Look somewhere else
    - Diversity is also alarmingly bad. No women in the leadership team. Poor POC representation. Poor LGBT representation. No actions have been taken to change anything

    Advice to Management

    - Have empathy, treat your Consultants as humans not robots
    - Don't understaff; push back on scope / ad-hoc requests
    - Diversify your cases and stop selling so many DDs
    - Spend more time leading, listening, mentoring, rather than selling and telling
    - Focus on making your team happy and the job sustainable - if you can't retain your best people, the company is doomed to fail
    - More diverse and inclusive recruiting - seriously it is the year of 2018!


  9. Helpful (6)

    "Great associates, terrible leadership - avoid if you have other options"

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

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

    Pros

    -The associate level employees are fantastic to work with!
    -Pay and profit sharing are in line with other firms, but growth lags
    -Strong revenue growth prospects due to increased PE activity require more DDs

    Cons

    -Leadership is terrible - Due to the terrible culture, high performers leave as soon as they can. There are very few managers or partners that are inspiring (or even good) to work with

    -High levels of due diligence work - don't join expecting to do strategy work or to get any client exposure. 90%+ of the work is DDs. You will be doing market research as opposed to strategy work

    -Minimal post MBA exit opportunities - All you do is market research, there may be opportunities to jump to another second tier firm, but high profile recruiters do not come to LEK with great opportunities (Pre-MBA opportunities appeared to be decent)

    -Limited interest in developing people - the training is terrible and consultants are viewed as widgets to burn out, not a resource to develop

    Advice to Management

    -Diversify your work away from just DD's
    -Start caring about your consulting employees, view them as more than a widget in the machine


  10. Helpful (3)

    "Great exit options, but be prepared to prioritize work above all else - still a lot of growing pains"

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

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

    Pros

    Great exit options - constantly contacted by recruiters, learn valuable and marketable hard and soft skills at an incredible pace

    Cons

    Burnout due to zero personal life (e.g., 1-2 months straight of consistent 2 am + nights on bad cases), and unpredictability (e.g., find out Monday morning when you are on said bad case, with not even weekend to mentally prepare). Inadequate back-office support staff makes the job more difficult (e.g., IT, poor I.P. retention systems). Generally, L.E.K. pinches pennies in the wrong places, leading to sense that you are number in their sweatshop. Mentors are hard to find. Limited client exposure - do not come to L.E.K if client interaction is what you are working for, and be aware your first 1-2 years will be spent in a phone booth

    Advice to Management

    Beef up core services, especially knowledge management and IT.


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