Lehman Brothers Reviews

Updated 23 September 2014
Updated 23 September 2014
187 Reviews
4.2
187 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
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 19 reviews)

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

More Highlights

75 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.  

    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.

  7.  

    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
  8.  

    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

  9.  

    I work for Lehman Bros.

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

    I have been working at Lehman Brothers as a contractor (more than 3 years)

    Pros

    Money, Location, Culture, People, great team

    Cons

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

    Advice to ManagementAdvice

    too late for that

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  10.  

    analyst / structuring

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

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

    Pros

    great people, gave lots of responsibility early on

    Cons

    hard to move laterally between desks

    Recommends
    Neutral Outlook
    No opinion of CEO
  11.  

    Built derivatives trades reconciliation/valuation models

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Lehman Brothers

    Pros

    great company with lots of smart people

    Cons

    too big that you are not noticable to senior management

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