Pros
Fun place to work. Lot of freebies including free lunch, monthly parties and overall a fun atmosphere. If you are good in what you do, you get promoted quickly as there are no hard & fast rules on any of the processes. It is like a startup, which could be good or bad depending on the work culture that you like. Management is good at exploring and finding new sources of revenue, which helps in the growth of the company. Unlimited vacation time and work from home options.
Cons
Company is being run by a family, so pretty much what they say goes. HR and top management consciously or unconsciously try to promote a cult like atmosphere, where everyone defers to the family. The family makes lot of money at the top and makes a fake show of sharing it with employees. A very high turnaround, either they are fired because they are not billable enough or employees leave because of the stress. No job security.