Pros
Very supportive of the WFH life (this might depend on your team and/or office location). Seem to be very supportive of internal transfers based on my own and fellow colleagues' experiences for location and/or position transfers. Decent amount of PTO once you get to the manager level. Work/life balance is heavily promoted, but in reality, it tends to depend on who you work with (I've dealt with MDs texting me at 11pm on a Friday for non-urgent matters, as well as MDs who are very respectful of my time).
Cons
Pay is not competitive. Office politics can be overwhelming at times. Your career progression seems to heavily depend on who you know and where you are physically located, as opposed to skills, merit, and the feedback from those you directly work with. Very top-heavy... not enough staff/seniors and too many directors and MDs who fail to bring in enough work to justify their employment. The standards set for performance ratings and promotions have been wildly inconsistent over the years. The mid-year and year-end performance meetings can be toxic at times and put the rating/promotion inconsistencies on full display.