L.E.K. Consulting Reviews | Glassdoor.co.uk

L.E.K. Consulting Reviews

Updated 27 November 2018
369 reviews

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3.4
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L.E.K. Consulting Global Managing Partner Stuart Jackson
Stuart Jackson
151 Ratings

Employee Reviews

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Pros
Cons
  • "Work life balance becomes an issue at times" (in 63 reviews)

  • "Long hours and high expectations" (in 75 reviews)

More Pros and Cons

  1. "Exceeds expectations"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate in London, England
    Current Employee - Associate in London, England
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at L.E.K. Consulting full-time (Less than a year)

    Pros

    - Genuine strategy work across a diverse range of industries with household name companies
    - Reputation for producing some of the best Associates in the consulting industry
    - Great exposure to partners and senior management
    - Surrounded by extremely smart people.
    - Very steep learning curve with big focus on data&analytics.
    - Office medium sized, which allows you meet with most people in the office, incl. senior management. Allows you to have bi-monthly office events/outings.
    - Very friendly office culture. No arrogance and great sense of team-play.
    - London office located in Victoria, which is extremely convenient to access. No horror commutes.
    - International opportunities within first 2/3 years with SWAP programme
    - Very well paid
    - Fast growing company

    Cons

    - Long hours, but industry wide. If the work is interesting this can be okay.
    - Prestigious but not yet a big name outside consulting/financial circles.

    Advice to Management

    Strict working late protocols to be put in place. Allow Associates to plan their week in advance. There is little worse than uncertainty as regards your work/life balance.


  2. "Great but tiring experience"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at L.E.K. Consulting full-time

    Pros

    Exposure to smart people, interesting projects, challenging

    Cons

    Very long hours, not that well paid when taking into account the hours.

  3. "Associate"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at L.E.K. Consulting full-time

    Pros

    Interesting work, nice work environment

    Cons

    Long hours, repetitive project work


  4. Helpful (3)

    "Senior Associate Consultant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Associate Consultant in London, England
    Former Employee - Senior Associate Consultant in London, England
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    I worked at L.E.K. Consulting full-time (More than 3 years)

    Pros

    Interesting work, challenging, develop great skill-set, surrounded by incredible minds.

    Cons

    Incredibly bad hours & working environment, unsympathetic partners, high churn, low company morale

    Advice to Management

    Look after your employees better. The number of people who have left due to burnout / breakdown is outrageous and shameful.


  5. Helpful (1)

    ""Challenging" in every way, not a bad thing if that is what you want"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate Consultant in London, England
    Former Employee - Associate Consultant in London, England
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at L.E.K. Consulting full-time (More than 3 years)

    Pros

    I did ~3 years here post undergrad (Associate -> Associate Consultant) and am very glad I did, learned shed loads and jump started my career.

    Challenging in a good way: great learning opportunities, thrown in the deep end, chances to work across a big range of projects and grow a broad range of very useful skills.

    People as a whole very nice and supportive, rarely worked with people I didn't get on with and have good support from team members.

    Good investment in social aspects, monthly funded events are good, plus big annual events.

    Cons

    Worked too hard, often for the wrong reasons - median week is >60 hours, working past 11pm on at least 2 days. Worst week was ~75 hours, working past 3am on 3 days.

    Most common reasons for working late: project understaffed / over scoped for the time frame; clients being unreasonable; data issues (difficult to control for this); culture (definitely some of management who have the mindset of "we should be working 65+ hours weeks to produce good work and impress clients")

    Some changes being made in the right directions on these things, but some of the older cohort of management seem very stuck in their ways, and whilst the office is busy (has been for a while), cannot see this changing quickly

    Training was poor: learn on the job great, personal development sessions too infrequent and often poor quality with out of date materials

    Profit share is also stingy - when there is a big uplift in profits for the company, should be better shared throughout company

    Advice to Management

    Build culture of people first, not profit and clients first. That is what will increase quality of work, improve client satisfaction and improve profits. Motivation levels on unnecessarily tough projects drops very quickly, and so does the quality of the work as a result. That means compromising on quantity and accuracy (actually do 80-20) in favour of protecting evenings and weekends of the team


  6. "Hard - but you learn quick and are rewarded well"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at L.E.K. Consulting full-time

    Pros

    Hard - but you learn quick and are rewarded well. Great career prospects

    Cons

    Hard work definitely required !


  7. "Good place to start in the pharma team"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    I worked at L.E.K. Consulting full-time

    Pros

    Nice people in the pharma team, smart and willing to help

    Cons

    Long hours. Expectation to stay in the office all the time to work - no flexibility to work from home. Not always given the chance to step up and do something more challenging beyond research.

    Advice to Management

    Give the time off in lieu as promised

  8. Helpful (10)

    "Toxic culture and fake reviews here"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Consultant in London, England
    Current Employee - Consultant in London, England
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at L.E.K. Consulting full-time (More than 3 years)

    Pros

    None. You get paid on time
    It is in Victoria
    Fake review on Glassdoor, probably written by lek own HR which does not reflect reality and is just to give "good" impression of the firm to the new recruits

    Cons

    -toxic culture. From partners to managers, they use associate and junior staff like slave, often micro manage people.

    -They also don't respect you, your private life or the work you have done. After a week of intense work, finishing at 2am or 3am, the partner would say, "btw, I totally changed my mind", and then would throw all the work into the bin and ask the team to start from the beginning again!" That's why you always have endless work to do and finish at 2am everyday. Because they have no empathy and you are only a tool to them, and they want to sweat the asset as much as possible

    -badly behaved partners also under cut prices when bidding projects, and give 70%dicscount sometimes, and that means 1 person does 3 persons job. Partners are totally ok with it and you as associate have to bear the burden

    -it is market research firm, not s strategy consulting firm. You don't get the chance to think about the strategy. Partners will micro manage everything. They will draw our slides and ask you to find the data in the slides(and a lot of times these data don't exists) and draw out the slides. After two years, you will be good at drawing slides and finishing data. But you don't have a strategy consulting mindset.

    -head hunters also knows what you did as an associate pretty well. So it is difficult to find good jobs just after two years

    Advice to Management

    You are not good at all and should feel ashamed


  9. "Meritocratic, apolitical, and up-and-coming LS practice"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Consultant in London, England
    Current Employee - Consultant in London, England
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at L.E.K. Consulting full-time (More than a year)

    Pros

    - LS practice in upward trajectory; growing variety of projects and portfolio of capabilities beyond transaction advisory work
    - Senior team members are interested in professional development of staff within life sciences
    - Apolitical and meritocratic (at least at more junior levels): career development largely determined by performance. Staff are given responsibilities as-and-when they are ready (vs., according to tenure)
    - Continued efforts to manage staff work-life-balance
    -
    - Competitive pay

    Cons

    - Tendency of due diligence work to be oversold leading to long work hours
    - Tendency to "boil the ocean"; detail-oriented, research-driven approach towards projects often leads to less focus on big picture thinking
    - Allocations system largely based on luck and availability

    Advice to Management

    - Adapting approach to scoping and structuring projects to focus less on quantity of work provided to clients, instead allowing more breathing room to allow for strategic thinking (though realise this is difficult to do for transaction advisory work)


  10. "Associate"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate in London, England
    Former Employee - Associate in London, England
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at L.E.K. Consulting full-time (More than 3 years)

    Pros

    Great people, interesting projections and quick promotions possible

    Cons

    Hard work and late nights