L.E.K. Consulting Consultant Reviews

Updated 12 Jun 2020

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3.2
55%
Recommend to a Friend
50%
Approve of CEO
L.E.K. Consulting Global Managing Partner Stuart Jackson
Stuart Jackson
72 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 (8)

    "Toxic workplace"

    1.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Consultant in Sydney
    Negative Outlook
    Disapproves of CEO

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

    Pros

    salary, perks and office location

    Cons

    The culture. Simply put it’s toxic. The Culture in the Australian offices is one of negativity, one-upmanship and unhealthy competitiveness. They will tell you how collaborative the business is in your interview. This is a lie. The business has an insanely high turnover, it’s not hard to figure out why.

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  4. "Australian offices the best in the firm's global network"

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

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

    Pros

    - Strategic focus - Very nice and genuine people, from partners to associates - Feels like family and the firm takes care of the people - Amazing personal development - Interesting projects for some of the biggest clients in Australia and NZ

    Cons

    - Brand not as strong globally - Not too many large-scale transformation work

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  5. 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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  6. "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

  7. 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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  8. Helpful (1)

    "Great career opportunity"

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

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

    Pros

    Peers and colleagues, office culture, fast pace, pay, no Mon-Thurs travel so hours are the same as the consulting average but you go home at night

    Cons

    unpredictability of hours, lean teams, short timelines

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  9. "Difficult work environment, smart people, high pressure"

    2.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Consultant in San Francisco, CA
    Doesn't Recommend
    Neutral Outlook
    No Opinion of CEO

    I worked at L.E.K. Consulting full-time for less than a year

    Pros

    Intense work style; Quantitative Projects; Excel skills will be built; Heavy responsibility and Interaction with Internal Stakeholders (although not External); PowerPoint Skills; Diligence Work (If that is what you want); People are smart and talented, although minimal time will be spent networking, socializing, or doing tasks that are non-work related,

    Cons

    Cons Long Hours, Intense speed on projects, High expectations, Lack of feedback on cases, Cases are extremely short and very similar in style (either diligence, strategy work which is very diligence like), Minimal to zero client interaction, Work is repetitive and job can be repetitive (Projects mirror each other, minimal beach time, 2,3,4 week DDs are sold), Training is shorter than it should be, Alumni network is not that strong and you will be required to build your departure on your own terms, Hours can be long, Firm pride and camaraderie is low because your value is in execution and in getting the work done (think a lot of slide output in a short amount of time is expected), Firm will cut people every 6 months if performance is not up to expectations . Training is short and after the 1 week orientation all training will be not a full week and you will likely be staffed on a case concurrently.

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  10. "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

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