Lehman Brothers

  www.lehman.com
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Lehman Brothers Reviews

Updated May 29, 2014
All Employees Current Employees Only

3.5 183 reviews

40% Approve of the CEO

Lehman Brothers CEO Richard Fuld Jr.

Richard Fuld Jr.

(20 ratings)

64% of employees recommend this company to a friend

Review Highlights

Pros
  • Great work life balance and financial packet(in 14 reviews)

  • Ahead of other investment banks in promotion of women(in 15 reviews)


Cons
  • Managers show no sympathy for junior people for working ultra long hours(in 18 reviews)

  • Towards the end there was morebegoninvolved by he senior management and that led to the rims downfall(in 14 reviews)

74 Employee Reviews Back to all reviews
Relevance Date Rating
in
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    Good experience at the time

    Investment Banking Analyst (Former Employee) New York, NY (US)

    ProsGood culture/ reputation at the time

    ConsFirm took too much risk

    Advice to Senior Managementn/a

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    Good - but no long term longetivity due to it being a company in administration

    Vice President (Former Employee) London, England (UK)

    ProsGreat work life balance and financial packet

    ConsI cannot present any cons to this company given that the company is winding down

    Advice to Senior ManagementNone to share

    Yes, I would recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
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    Great Experience

    Associate (Former Employee) New York, NY (US)

    ProsGreat people, challenging environment with career growth opportunities and strong mentors!

    ConsLack of work life balance

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    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    I work for Lehman Bros.

    Aviation (Current Employee) New York, NY (US)

    ProsMoney, Location, Culture, People, great team

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

    Advice to Senior Managementtoo late for that

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    analyst / structuring

    Analyst (Former Employee) New York, NY (US)

    Prosgreat people, gave lots of responsibility early on

    Conshard to move laterally between desks

    Yes, I would recommend this company to a friend

     

    Built derivatives trades reconciliation/valuation models

    Anonymous Employee (Current Employee)

    Prosgreat company with lots of smart people

    Constoo big that you are not noticable to senior management

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
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    • Disapproves of CEO

     

    Great culture and people; company ruined by management at the very top

    Research Analyst (Former Employee) New York, NY (US)

    ProsFast-paced environment
    Great culture and benefits
    Good career mobility
    Research department is very collegial

    ConsBankruptcy
    Times Square location
    Long hours
    Top management too aggressive with risk

    Advice to Senior ManagementTake less risk

    Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Enjoyed my time there

    Senior Vice President, Investment Banking (Former Employee) New York, NY (US)

    ProsVery good compensation, fair amount of autonomy from management, enjoyed most of the people I worked with. Ahead of other investment banks in promotion of women.

    ConsToo many lateral hires caused culture to be poorly defined; there were disparate values among employees.

    Advice to Senior ManagementToo late now, but I would have suggested trying to grow more from within.

    Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

     

    a good experience and pay as an analyst

    Anonymous Employee (Former Employee)

    Prosinternational, professional, people-focused, flexible, hard-working

    ConsUnfortunately it got bankrupt but many people were able to move to different companies

    • Culture & Values
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    • Senior Management
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    Good while it lasted!

    Vice President (Former Employee) London, England (UK)

    Pros- Positive work environment
     - Supportive colleagues

    Cons- now synonymous with banking failure

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