Pros
As a small firm, Lake Partners puts a lot of stock in all of its employees. It works very hard to build a team of very smart, friendly, and personable people, and as a result the accept-rate can be very low because of minor perceptions of a mismatch. As generalists, the project opportunities are generally varied, though certain types of work do come up with high regularity. Within those projects, we sell a lean and mean approach to consulting that delivers great insights to clients with a small team and fast turn-around. As a result, expect to learn and practice many skills on a case including end-to-end ownership at an early stage in your career versus other firms.
Cons
Fortunately, our clients often ask us back to do additional work once we've shown them our capabilities -- but this can mean that the types of work you do may be very similar project to project for lengths of time. That said, our projects are much quicker than some other firms' so within the 6 months that you may have worked with one client elsewhere, you'll have done multiple projects at Lake.