Lehman Brothers Reviews | Glassdoor

Lehman Brothers Reviews

Updated December 27, 2016
57 reviews

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Current Employees

4.0
Star Star Star Star Star
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Lehman Brothers CEO Richard Fuld Jr.
Richard Fuld Jr.
5 Ratings

57 Employee Reviews

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Pros
Cons
  • Due to over commitment of projects there were long hours spent at work (in 24 reviews)

  • They levered up on real estate and went bankrupt (in 12 reviews)

More Pros and Cons

  1. "package handler"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Construction Worker in Lauderhill, FL
    Current Employee - Construction Worker in Lauderhill, FL
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Lehman Brothers full-time (More than a year)

    Pros

    Work fast and smart

    Cons

    Can't stay still for to long

    Advice to Management

    Keep me moving motivate me to go further


  2. "Lehman Estate Consulting"

    Star Star Star Star Star
    Current Employee - Banking Consultant in New York, NY
    Current Employee - Banking Consultant in New York, NY

    I have been working at Lehman Brothers (Less than a year)

    Pros

    Flexible hours and work life balance

    Cons

    Unsure of how long Estate will exist


  3. "business unit controller"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Product Controller in Berkeley Heights, NJ
    Current Employee - Product Controller in Berkeley Heights, NJ
    Recommends
    Negative Outlook
    Disapproves of CEO

    I have been working at Lehman Brothers (Less than a year)

    Pros

    dynamic challenging work room for advancement

    Cons

    long hours required, can be stessful at times

    Advice to Management

    keep the company solvent


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  5. "VP Federal Tax Group"

    Star Star Star Star Star
    Current Employee - V P Global Tax Department in Jersey City, NJ
    Current Employee - V P Global Tax Department in Jersey City, NJ

    I have been working at Lehman Brothers full-time (More than 8 years)

    Pros

    Pre bankruptcy very hard and fast paced environment but also very enjoyable with a true family environment. Even post bankruptcy the company tries to do right by its people although some may disagree.

    Cons

    Only bad mark is that the company is winding down. Other than that none to mention.


  6. "Short Tile"

    Star Star Star Star Star
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Great pay. Great benefits, almost too good to be true.

    Cons

    Company seems to take on a lot of market risk.


  7. "Finance"

    Star Star Star Star Star
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Hours, professional atmosphere, great people

    Cons

    Lack of opportunity, failing business


  8. "Investment Banking"

    Star Star Star Star Star
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Great firm. It's a shame it went bankrupt.

    Cons

    No major cons at all.


  9. "I work for Lehman Bros."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Contractor - Aviation in New York, NY
    Current Contractor - Aviation in New York, NY
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at Lehman Brothers as a contractor (More than 3 years)

    Pros

    Money, Location, Culture, People, great team

    Cons

    Bankruptcy, Long hours, management too aggressive with risk, greed, and cut-throat policies

    Advice to Management

    too late for that


  10. "Built derivatives trades reconciliation/valuation models"

    Star Star Star Star Star
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    great company with lots of smart people

    Cons

    too big that you are not noticable to senior management


  11. "Lehman has been an amazing place to build a career in finance. Amazing colleagues, cutting edge work."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Recommends
    Approves of CEO

    Pros

    Amazing colleagues, cutting edge work, still some remnants of the collegial feel that one characterized investment banking.

    Cons

    The bank faces a bleak future.



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