L.E.K. Consulting Associate Consultant Reviews

Updated 5 Jun 2020

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3.3
69%
Recommend to a Friend
57%
Approve of CEO
L.E.K. Consulting Global Managing Partner Stuart Jackson
Stuart Jackson
28 Ratings
  1. Helpful (3)

    "Great pay, dull work"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Associate Consultant in Melbourne
    Doesn't Recommend
    Neutral Outlook

    I worked at L.E.K. Consulting full-time for more than 3 years

    Pros

    Excellent pay. Company culture is generally friendly. Great colleagues.

    Cons

    Uninteresting work. Some senior staff refer to being a junior employee as "doing time". Poor opportunities to excel. Progression is largely luck of the draw. Opaque, poorly-designed review system.

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  2. "Hard work but rewarding culture"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Senior Associate Consultant in Sydney
    Recommends
    Positive Outlook
    No Opinion of CEO

    I worked at L.E.K. Consulting full-time for more than 3 years

    Pros

    Great people, fast progression, fun culture

    Cons

    Long, draining hours with an obsessive work culture

  3. Helpful (1)

    "Menial, non-challenging tasks as a junior"

    1.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Associate Consultant in Sydney
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at L.E.K. Consulting full-time for more than 3 years

    Pros

    Decent case mix, some interesting projects Most people, especially juniors, are fun to be around Good social events, emphasis on company culture

    Cons

    Menial work for juniors, especially in their first year (lots of phone interviewing and extremely basic secondary research. Too often a very boring job. Very basic / boring personal development sessions - content learned at uni. Pay is below average compared with competitors. Partners minimise costs to max profits and aren't great with benefits

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  4. "Senior associate consultant"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Associate Consultant in Sydney
    Recommends
    Neutral Outlook

    I have been working at L.E.K. Consulting full-time for more than 3 years

    Pros

    Good perks, good communal feel, nice CBD location, great learning opportunities

    Cons

    Long hours, high expectation to perform

  5. Helpful (8)

    "Excellent business experience. Best first job out of university"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Senior Associate Consultant in Sydney
    Recommends
    Neutral Outlook
    No Opinion of CEO

    I worked at L.E.K. Consulting full-time for more than 3 years

    Pros

    - Excellent training ground: L.E.K. has what can loosely be considered a 3-year training program. At the associate entry level (first 1-2 years) you pick up core quantitative skills (financial modelling) and qualitative skills (primary/secondary research, analysis and synthesis of information). At the AC/SAC level, you will pick up very valuable high-level strategic/commercial thinking and problem solving skills. AC/SACs will also take on junior management responsibilities. It's a lot to learn in 3 years but there's typically pretty good support from senior team members as this progression is pretty well-ingrained - Generalist approach (apart from life sciences specialists): I was there for a bit over 3 years and worked on over 22 projects across a large number of industries. I worked on projects in technology, media, general industrials, healthcare, pharma, and private equity. - Swap (L.E.K.'s 6 month international secondment program): I was able to swap to both New York and London. This isn't typical but it was possible because the Partners are supportive of the swap program. - People: Everyone is very very bright. Fantastic place to learn from very analytical and very commercially savvy consultants, managers, and partners. Most people are also generally down-to-earth and very approachable. - Business school: L.E.K. are supportive of those wishing to pursue an MBA and have a good track record of alum getting into the top schools, both in the US and Europe. The firm also sponsors (cover tuition fees and a living stipend). - Exit opportunities: Exit opportunities in the UK as well as Australia are very comparable with MBB. Successful placement in blue-chip corporate strategy is common. PE opportunities are also a plus given transaction work has traditionally been a big L.E.K. strength. - Other: There is less travel than other consulting firms, which 1) allows for better work/life balance and 2) creates a tight-knit culture especially at the junior levels. This may be changing as the firm moves into more strategy activation/project implementation and management work. Overall, this was the best first job to have out of university (same can be said of other top strategy consulting firms). I had previously interned in a large investment bank but had nowhere near the same level of exposure to high-level strategy and commercial issues, which (in my opinion anyway) is ultimately what's most important.

    Cons

    - Uneven quality of senior management: Some posts have alluded to very negative experiences with people at the partner-level (especially in London). I would sympathise with some of those comments but I would say that from my own experience, those negative experiences are generally the exception, not the rule. It's true that Partners who are poor managers can make a huge difference to team morale and the quality of the experience on the project. Having been on the negative side of this experience before, it's very unpleasant when your time is being wasted in an entirely avoidable way. It's clearly something the firm is trying hard to get right (especially in London) which is encouraging. However, it's not there yet so there is still the off chance you will be staffed on a project which is not being managed well and the job feels like a terrible chore for that period of time. - "Luck of the draw" project staffing: I want to preface this by saying that I suspect this is the same at many other consulting firms as well. Project allocation can come down to luck, although you can influence the type of project you want to be staffed on to some extent. This can result in being staffed on projects in industries you have absolutely no interest in or on projects with Partners that are bad to work for. - Low-key brand internationally: Although exit opportunities are comparable to MBB, MBB alum definitely have higher visibility so you may need to work a little harder to get the quality of your experience across to headhunters, recruiters and even business school admissions officers.

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  6. "Great place to learn, long hours"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Associate Consultant in Boston, MA

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

    Pros

    - Friendly, collaborative atmosphere - Fast-paced

    Cons

    - Long hours - Fewer "perks" than some other consulting firms

  7. "Good place to learn"

    3.0
    Current Employee - Senior Associate Consultant in Singapore

    I have been working at L.E.K. Consulting full-time for more than 3 years

    Pros

    Travel, fast growing, autonomy, small team

    Cons

    Long hours and high workload

  8. "Good work environment. Good exit options"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Associate Consultant in London, England
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Friendly, Diverse, Less travel, Positive environment, Great exposure

    Cons

    Limited exposure to variety of industries, Can be touchy-feely

  9. "Hard work, but intellectually challenging and rewarding"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Associate Consultant in London, England
    Recommends

    I have been working at L.E.K. Consulting full-time for more than a year

    Pros

    Variety of work - change project every 6-8 weeks and cover strategy and DDs Working alongside highly intelligent people and constantly being pushed to develop Regular reviews and pay rises Great office culture among junior staff - lots of socials (formal and informal) and late night camaraderie

    Cons

    Long hours Limited ability to influence the types of projects you are on Upward feedback doesn't appear to be taken seriously

  10. "Growing company, very nice culture, good brand in UK/US and growing in Germany"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Associate Consultant in Munich, Bavaria
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at L.E.K. Consulting full-time for more than a year

    Pros

    - Very good atmosphere - Working hours are less than at MBBs - Very good office location

    Cons

    - Car allowance doesn't include fuel costs - Lower pay than peers - Less client exposure than at MBB due to the nature of PE work

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