L.E.K. Consulting Reviews | Glassdoor

L.E.K. Consulting Reviews

Updated May 9, 2017
282 reviews

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282 Employee Reviews

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Pros
  • Firm efforts to support work-life balance despite the high demands of management consultants (e (in 14 reviews)

  • You will learn a lot, through sheer blunt force of hours invested (in 13 reviews)

Cons
  • Work/life balance hard to handle (in 50 reviews)

  • Intense casework and long hours (in 59 reviews)

More Pros and Cons

  1. "Great place to accelerate your career"

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

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

    Pros

    Excellent upward mobility, early management responsibility, collegial atmosphere, good transparency from senior management, intellectually stimulating projects, many initiatives to improve work/life balance, great compensation and benefits

    Cons

    Limited ability to manage hours down, easy to get "lost in the mix" if you aren't close with Managers / Partners, allocations does their best (at a very hard job) but the system doesn't work well, limited channels to communicate with senior team members

    Advice to Management

    Continue great work on work / life balance initiatives, improve the robustness and consistency of the CDC program, maintain a longer-term view of consulting staff's project allocations, provide greater exposure to Partners


  2. Helpful (1)

    "Best-in-class strategy consulting employer"

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

    I have been working at L.E.K. Consulting full-time (More than 10 years)

    Pros

    Incredible people. Feels like a small company with the resources of a big company. Strong job security and merit based promotions.

    Cons

    You get a lot of responsibility, which is stressful.

    Advice to Management

    Keep promoting from within.


  3. Helpful (1)

    "Associate (2nd year)"

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

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

    Pros

    The people. Office culture is strong, especially in Chicago with events both during work and after. Interesting case mix across industries, with the option to specialize

    Cons

    The share of due diligence work is fairly high. In Chicago, it's probably around 40-50% of cases, though part of this is probably due to the high level of private equity activity in the past year or two. Due diligence can be faster pace and less interesting as they more or less follow the same structure.


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  5. Helpful (1)

    "Employee"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Boston, MA
    Current Employee - Anonymous Employee in Boston, MA
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Breadth of work experience, fast-paced, plenty of opportunities to learn. Impactful work

    Cons

    Typical management consulting work hours

    Advice to Management

    Continue supporting career initiatives


  6. "Great place to learn"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - First Year Associate in San Francisco, CA
    Current Employee - First Year Associate in San Francisco, CA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Focus on strategy with little to no implementation work. Great exposure to a variety of business problems. The people are not just intelligent but also kind and fun to be around. Limited travel.

    Cons

    Fast-paced work environment and steep learning curve can lead to longer hours on some weeks. Doesn't have all of the resources of a bigger company.

    Advice to Management

    Continue to outsource non complicated tasks to third parties or hire specialists internally.


  7. "Fast-paced learning, Best people"

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

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

    Pros

    L.E.K. offers a wide variety of casework in terms of industry verticals and types of projects, leading to a very steep learning curve (you can also specialize in a sector in 1-1.5 years, which is a great way to focus on your interests). The culture in the Boston office is in a word: awesome. The people are intelligent, fun-loving and it's a very collaborative, team-oriented atmosphere (punctuated with frequent social events: trivia, bowling, go-karts, sailing, red sox, the list goes on). It's very clear that the company is growing and senior/office leadership is consistently pushing to improve--there's a fresh balance of entrepreneurial drive with the resources of a relatively well-established, international firm.

    Cons

    Not for the meek. The first year can be a difficult learning curve, and the M&A work (PE) can lead to longer hours (on the flip side, this means you know how to strategically analyze an industry in a short time frame and you see more industries). There's a significant shift into the second year as this firm rewards those who are proactive about their interests; both in terms of casework and interests outside of work (e.g., non-profit consulting through Inspire, travel via an international 'SWAP' program that allows you to work in another of the 20+ L.E.K. offices worldwide, various clubs and community service committees, etc.).

    Advice to Management

    Continue with and expand branding efforts as that's the most persistent weak point of the firm (work is excellent, people are fantastic, just need more of our name out there)


  8. "Great colleagues, great comp, great projects - great all-around firm"

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

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

    Pros

    Outstanding colleagues - highly capable and self-motivated yet also humble and enjoyable to work with.
    Comp is generally at or slightly above the other top-tier consultancies.
    Work offers a lot of variety, especially in 6-8 key verticals.

    Cons

    Lacks the name recognition of MBB / Big4 so if that's important to you, then it's worth considering. Exit opportunities are generally great, but as it's a younger, smaller firm, the alumni network lacks the breadth/depth of MBB and co.

    Advice to Management

    Hire more people.


  9. "Associate"

    Star Star Star Star Star
    • 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 L.E.K. Consulting full-time (Less than a year)

    Pros

    Lots of exposure to various industries/problems due to shorter high-level strategy cases
    Lots of focus on PE/due diligences
    Collegiate culture because almost everybody is working in the office

    Cons

    Relatively longer hours than most consulting firms


  10. "Associate"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in San Francisco, CA
    Current Employee - Anonymous Employee in San Francisco, CA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    -Full of really great, intelligent, motivated, down to earth people
    -Less travel means more efficient use of time
    -Good visibility at the beginning of week to what hours are looking like
    -Out by six policy is honored and guarantees free time

    Cons

    -Hours are long on private equity cases but rewarding

    Advice to Management

    Keep doing what you're doing


  11. "Senior Engagement Manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Engagement Manager in San Francisco, CA
    Current Employee - Senior Engagement Manager in San Francisco, CA
    Recommends
    Positive Outlook

    Pros

    Strategy focus - MBB say they are "strategy" but a very high share of their business comes from multi-year implementation projects
    Lack of travel - strategy cases means we are more efficient working from our home office than the client site (I have been on ~4 travel cases in 7 years)
    Management responsibility - from Consultant onward the role is to manage Associates rather then work in PowerPoint and Excel yourself
    Entrepreneurial culture - being an MD at L.E.K. is essentially like running your own start-up with much less downside risk (albeit with less upside opportunity but the upside at L.E.K. is still big)

    Cons

    Long hours (gets much better with tenure if you are good / efficient)
    Unpredictable hours (inherent to client services)

    Advice to Management

    Continue to think of ways to enhance the sustainability of the work so we keep our best employees


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