Lehman Brothers

  www.lehman.com
  www.lehman.com

Lehman Brothers Reviews

Updated 25 November 2014
Updated 25 November 2014
192 Reviews
4.2
192 Reviews
Rating Trends

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Lehman Brothers CEO Richard Fuld Jr.
Richard Fuld Jr.
21 Ratings

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
  • Bankruptcy, Long hours, management too aggressive with risk, greed, and cut-throat policies (in 20 reviews)

  • Towards the end there was morebegoninvolved by he senior management and that led to the rims downfall (in 15 reviews)

More Highlights

78 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

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

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Vice President in London, England
    Former Employee - Vice President in London, England

    I worked at Lehman Brothers full-time (more than 3 years)

    Pros

    Great work life balance and financial packet

    Cons

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

    Advice to ManagementAdvice

    None to share

    Recommends
    Neutral Outlook
    Disapproves of CEO
  2.  

    a good experience and pay as an analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Lehman Brothers full-time

    Pros

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

    Cons

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

  3.  

    Good while it lasted!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Vice President in London, England
    Former Employee - Vice President in London, England

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

    Pros

    - Positive work environment
     - Supportive colleagues

    Cons

    - now synonymous with banking failure

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  5. 1 person found this helpful  

    Fun while it lasted

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Research Analyst in London, England
    Former Employee - Research Analyst in London, England

    I worked at Lehman Brothers

    Pros

    Lehman brothers provided an interesting and challenging work environment, with great co-workers and a good training schedule. They had a fantastic Christmas party. Good compensation compared to other research jobs in London, comparable to other American investment banks. Opportunities to gain expertise in many different research databases, and lots of support for professional development and training. Wide range of subject expertise developed, and opportunities to provide training and some travel.

    Cons

    Long hours compared to other research jobs, and the stressed & angry bankers swear at you from time to time. However, co-workers and immediate supervisors are very helpful and supportive.

    Advice to ManagementAdvice

    too bad the co. went under.

    Recommends
    No opinion of CEO
  6.  

    Knowledge I learned!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Vice President F
    Former Employee - Vice President F

    I worked at Lehman Brothers (more than 10 years)

    Pros

    The knowledge I learned at Lehman Brothers was outstanding. One was thrown into so many difficult situations it was, it was hard not to learn. That base has helped me in many difficult business challenges I have faced over the years, while at Lehman and post Lehman.

    Cons

    Senior management was sometimes ignorant and really didn't see the forest through the tree at times, which ultimately lead to poor decision making and holding positions that should have been long gone.

    Advice to ManagementAdvice

    At this stage this would be an exercise in futility.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  7.  

    Great company but got swept up in the financial crisis tsunami.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Lehman Brothers full-time (more than 3 years)

    Pros

    A Competitive, high functioning place with many opportunities to excel.

    Cons

    Requires a commitment to long hours and weekend work.

    Advice to ManagementAdvice

    An even greater focus on dedicated service to clients.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  8.  

    Business Analyist

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

    I worked at Lehman Brothers full-time

    Pros

    Growing company with many insides and different takes on forward looking technologies. They were always up to date for the most part, that is, until the crash.

    Cons

    Unfortunately, it's not a functioning place to be. Nepotism and trading at it's finest. Don't expect to last long unless you're willing to get your cuffs inked.

    Advice to ManagementAdvice

    Stop being so inclusive.

    Recommends
    Positive Outlook
    No opinion of CEO
  9.  

    Short Tile

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Lehman Brothers

    Pros

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

    Cons

    Company seems to take on a lot of market risk.

  10.  

    Good experience at the time

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Investment Banking Analyst in New York, NY (US)
    Former Employee - Investment Banking Analyst in New York, NY (US)

    I worked at Lehman Brothers full-time (more than an year)

    Pros

    Good culture/ reputation at the time

    Cons

    Firm took too much risk

    Advice to ManagementAdvice

    n/a

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  11.  

    Great Experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Associate in New York, NY (US)
    Former Employee - Associate in New York, NY (US)

    I worked at Lehman Brothers full-time (more than an year)

    Pros

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

    Cons

    Lack of work life balance

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