Lehman Brothers Reviews | Glassdoor

Lehman Brothers Reviews

Updated February 14, 2017
236 reviews

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236 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. "Available for position"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Labor Work in Saint Louis, MO
    Former Employee - Labor Work in Saint Louis, MO
    Recommends
    Positive Outlook

    I worked at Lehman Brothers part-time (More than 3 years)

    Pros

    Once I learn how to do something I take advantage of the opportunity giving to me

    Cons

    I'm best working around a positive environment

    Advice to Management

    To take responsibility for a higher better an further my career


  2. "Admin"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Administrative Assistant in Irvine, CA
    Former Employee - Administrative Assistant in Irvine, CA

    Pros

    Great benefits. Unlimited sick time. Three weeks vacation. Nice Office.

    Cons

    Unstable, favoritism, backstabbing, negative employees.

    Advice to Management

    Communication was missing.


  3. "lehman"

    Star Star Star Star Star
    • Career Opportunities
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY

    Pros

    very young firm when compared to other Ibanks

    Cons

    financial management needs to be tighter


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. "Great place to work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Analyst in New York, NY
    Former Employee - Analyst in New York, NY

    I worked at Lehman Brothers (Less than a year)

    Pros

    Great place to work with amazing smart people

    Cons

    no cons to share - great place


  6. "Great Firm"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President in New York, NY
    Former Employee - Vice President in New York, NY
    Doesn't Recommend
    Negative Outlook

    I worked at Lehman Brothers full-time (More than 8 years)

    Pros

    Terrific place to learn. Autonomy and respensibility. Global experience with a strong team environment. A true meritocracy place to work.

    Cons

    Some of the downsides to working there are the limited earning potential, worthless stock and the bankruptcy filing. Chapter eleven

    Advice to Management

    Don't let private equity run the shop. And don't let private equity ruin the shop. Never let management lock themselves in an ivory tower.


  7. "A pity"

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

    I worked at Lehman Brothers full-time

    Pros

    It was a great company at the time. There were lots of good people. It was relatively small and scrappy. Great place to be on the street.

    Cons

    It's a shame what happened. The bankruptcy, chapter 11 and subsequent global financial collapse limits everyone's career prospects.

    Advice to Management

    Turn off the spigot of Real Estate, CDOs, CLOs, Archstone and all the other bad asset.


  8. "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


  9. "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


  10. "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.


  11. "Interesting summer"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Approves of CEO

    Pros

    top class of investment professional

    Cons

    unfortunately a great firm didn't survive



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