Lehman Brothers
3.5 of 5 178 reviews
www.lehman.com New York, NY 6 to 15 Employees

Lehman Brothers Reviews

Updated Apr 08, 2014
All Employees Current Employees Only

3.5 178 reviews

                             

44% Approve of the CEO

Lehman Brothers CEO Richard Fuld Jr.

Richard Fuld Jr.

(16 ratings)

64% of employees recommend this company to a friend
178 Employee Reviews
Relevance Date Rating
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Review Highlights

Pros:
  • "Management was fair in providing vacation days when necessary to provide a good work/life balance"
    in 13 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
  • Show more review highlights

Reviews

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

 

not much chance of promotion ...

Senior Trader (Former Employee)
New London, NY (US)

I worked at Lehman Brothers full-time for more than 5 years

Proswhilst the bank was running - times were good. good environemnt, good career ladder, good pay. not so anymore ...

Consthe closing of the firm was a blow to the career prospects it offered, the career ladder collapsed. the pay stopped and things generally took a turn for the worse.

Advice to Senior Managementdon't ruin any more instituations ?

No, I would not recommend this company to a friend

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Great place for a summer job

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

I worked at Lehman Brothers as an intern for less than a year

ProsInteresting work, very good team.

ConsDifficult time for the firm

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

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Enjoyed my time there

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

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

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

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Good analyst program

Anonymous Employee (Former Employee)

I worked at Lehman Brothers

ProsGood analyst program with a standard investment bank new york training to begin the career. good team of people

Conscompany bankrupted... that should explain everything. this part is less relevant

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WIsh I was still there.

Securitized Products Sales (Former Employee)
New York, NY (US)

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

ProsEncouraged innovation throughout the organization. Empowered employees to make the firm better. team atmosphere.

ConsBankrupt, no longer in business

Advice to Senior ManagementShould have sold to KDB

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

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Very Hierarchical structure, CEO & COO weren't honest with employees

Anonymous Employee (Former Employee)

I worked at Lehman Brothers

ProsAn environment where you could learn a lot

ConsPolitical environment made it difficult for people to be honest

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Very sad Lehman is gone

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

I worked at Lehman Brothers full-time for more than a year

ProsGreat people. Great team-work culture. Great fixed-income research franchise, such as Lehman Indices and POINT.
Ex-Lehman employees still gather on 9/15 every year to remember the good times.

ConsNo longer exists. Failed to get bailed out

Advice to Senior ManagementStart over

Yes, I would recommend this company to a friend

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Lehman Internship

Anonymous Employee (Former Employee)

I worked at Lehman Brothers as an intern

ProsThis company no longer exists.

ConsUnfortunately, this company no longer exists.

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Financial analyst at Leh

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

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

Prosnice culture, great environment , friendly people

Consbankrupcy and so and so and so, but over all bankrupcy

Advice to Senior Managementcreate a new company

No, I would not recommend this company to a friend

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Lehamn review

Anonymous Employee (Former Employee)

I worked at Lehman Brothers

Prosgreat people to work for at Lehman

Consbad management system at Lehman

No, I would not recommend this company to a friend

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