L.E.K. Consulting First Year Associate Reviews | Glassdoor.ca

L.E.K. Consulting First Year Associate Reviews

Updated Oct 22, 2015

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4.7
99%
Recommend to a Friend
100%
Approve of CEO
L.E.K. Consulting CEO Stuart Jackson
Stuart Jackson
2 Ratings
  1. "Great place to learn"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    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 for 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.

    Continue reading
    L.E.K. Consulting2015-10-22
  2. "Great people, interesting projects"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - First Year Associate in Boston, MA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at L.E.K. Consulting full-time for less than a year

    Pros

    The people are great and the projects can be very interesting. The work environment is also very team-based and fast paced.

    Cons

    The hours can be tough and the clients can be difficult.

    L.E.K. Consulting2015-04-12
  3. Helpful (1)

    "Interesting work, great colleagues - highly recommend working here!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    First Year Associate in Boston, MA
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at L.E.K. Consulting

    Pros

    Low-travel / office model is great for building community around the office, and coworkers are incredibly friendly and smart. You get exposure to a variety of casework across different industries in a fast-paced, supportive environment. Definitely would recommend others to join the firm - the "people" factor is truly what sets this firm apart!

    Cons

    Long hours can definitely be tough, but being surrounded by great colleagues definitely makes those hours more bearable.

    L.E.K. Consulting2015-03-25
  4. Helpful (2)

    "Amazing people and ample learning opportunities"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - First Year Associate in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at L.E.K. Consulting full-time for less than a year

    Pros

    The people are top notch here. You won't find a smarter group here. Although people can be intense and focused during work, everyone has a wicked sense of humor. L.E.K is supportive culture where people take the time to invest in you. Not only will you learn to become more effective at work, but you'll also develop marketable skills, become a team player, and learn to prioritize your time efficiently. Everyone has a high aptitude for fun in a non-fratty way. Your typical colleague is down to earth, social and brilliant. You won't find a better group to hang out with... The cases are varied, focused on strategy, and generally between 3-6 weeks in length. There is also an emphasis on due diligence cases (private equity). Learning becomes second nature. Some weeks will be intense, and other weeks are more manageable. If you work past 8 PM, the team will order a generous dinner and pay for your cab home....Perks: Free Starbucks tea, coffee, soda in the kitchen. ...Community - everyone meets together in the kitchen for lunch; you get to know your fellow peers quite well

    Cons

    Associates are expected to conduct the majority of primary research (i.e cold calling, emailing, and scheduling interviews). Depending on time sensitivity of the case, these sessions can turn into long nights. Sourcing interviews can be time consuming.

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    L.E.K. Consulting2012-11-05
  5. "Solid"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    First Year Associate in Boston, MA
    No opinion of CEO

    I have been working at L.E.K. Consulting

    Pros

    The people at LEK are great, everyone is really smart and sharp. Compensation is on the lower end of top end consulting firms but relatively high coming out of college.

    Cons

    Communication leaves much to be desired. HR doesn't seemed to be plugged in to firm management. More client interaction would be ideal.

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    L.E.K. Consulting2009-09-27
  6. Helpful (1)

    "Unsustainable"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    First Year Associate 
    Doesn't Recommend

    I have been working at L.E.K. Consulting

    Pros

    A large variety of cases. Some exposure to private equity if that is your thing Reasonable salary although not for the hours

    Cons

    Long long hours and working day finishes at 7pm earliest Associates receive little thanks and generally are not respected Pay per hour is weak Management only care about themselves (currently a pay freeze and no bonus below management level) L.E.K. is proud to say that they have never fired anyone due to a recession, but the truth is ppl are pushed all the time. The are forced to quit so that L.E.K. can keep its 'no firing' policy Most people here do not like their job and are looking for an exit

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    L.E.K. Consulting2009-08-24
  7. Helpful (4)

    "L.E.K. is a Fantastic Spring Board to a Successful Career in ..."

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    First Year Associate in Los Angeles, CA
    Recommends

    I have been working at L.E.K. Consulting

    Pros

    + The firm has doubled in size / revenue every 5 years for the past 10 years and has no plans of stopping the momentum + Firm has gained a tremendous reputation among the investment banks and PE shops / VC firms over the past couple of years due to its low priced / high quality (i.e., very quant heavy) / extrmely quick-turnaround work for these businesses (e.g., Bain Capital repeatedly hires L.E.K. to leverage our renowned due-dilligence turn-around time for Life Sciences opportunities) - I often hear from friends at banks that they advise their clients to use L.E.K. repeatedly over other consulting houses + Especially renowned for their Life Sciences vertical practice, for which they hire PhDs, MDs, and other specialists with Bio backgrounds to conduct very rigorous valuations / analysis

    Cons

    - Pay structure, although competitive, does not reflect the additional pressures / expectations here as opposed to at other firms. There is no production team, lots of time is spent on mindless PPT edits, lots of time is spent on verbally positioning / rewording something, segmentations are expected to be extremely in depth with all qualitative feedback capable of being transformed into rigorously analyzed quant feedback - Work at the associate level is often meaningless and implies lack of trustworthiness ... there are often instances where you are not trusted for a while and then something of big importance gets dropped into your lap, and suddenly you are supposed to "figure it out" - wouldn't be a problem if you are always within the context of "figuring it out" but often than not you are playing a support role (i.e., underutilized) - Work life balance is becoming an issue. I've heard that it used to be an issue ~2000-2005, and then the compensation structure changed to reflect hours that case teams worked (e.g., an overworked case team implies reduced margins for partner on the case, so there is incentive to price cases more appropriately with proper timelines)

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    L.E.K. Consulting2009-07-09
Found 7 reviews