L.E.K. Consulting Reviews

Updated 8 Jul 2020

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3.4
57%
Recommend to a Friend
57%
Approve of CEO
L.E.K. Consulting Global Managing Partner Stuart Jackson
Stuart Jackson
194 Ratings
  1. "Small company feel - rapid skill development"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Sydney
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at L.E.K. Consulting part-time for more than 10 years

    Pros

    Develop a very strong, marketable skill set. Great opportunities for travel and diverse, interesting experiences. Responsibility and impact early. Many opportunities to take on more responsibility on projects. Great mutual support network, especially at more junior levels.

    Cons

    Not all of the work is equally rewarding - most people struggle with motivation after back-to-back commercial due diligence projects. The flip side of an entrepreneurial culture is that some of the business processes are less developed than they could be. Development of management skills could be improved.

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  2. "Associate"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Recommends
    Positive Outlook

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

    Pros

    Great exposure to a wide range of industries

    Cons

    Skimp on salaries and benefits

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  3. "Boring work"

    1.0
     
    Doesn't Recommend
    Neutral Outlook

    I have been working at L.E.K. Consulting

    Pros

    Decent pay. Very nice people. Opportunity to swap overseas for some months. Exposure to variety of industries. Some business school support.

    Cons

    Hierarchical structure. Very boring work, mostly. To quote another glassdoor reviewer, "primary research = cold calling = not what I signed up for"

  4. 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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  5. "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

  6. 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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  7. "Associate Consultant"

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

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

    Pros

    Interesting work Great professional development program Mostly working from home office Swap program (fixed-term temporary transfers to international offices) is great

    Cons

    Brand is not well-known - "Elly who?" Tend to work less with CEOs and more with GM and below Service lines and industry coverage much less than big three Work-life balance can be a challenge - especially on due diligence projects

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  8. "Some good things, some bad"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 
    Doesn't Recommend
    Neutral Outlook
    No Opinion of CEO

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

    Pros

    You develop strong analytical skills, and develop a strong send for evidence based recommendations. Short average project length means broad range of experiences are possible

    Cons

    Short term mindset of partners, long hours at short notice, no soft skills development or network building due to the fact you spend all your time in the LEK office

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  9. COVID-19
    Helpful (1)

    "Challenging work, good people"

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

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

    Pros

    -lots of learning & development in a short amount of time -sense of camaraderie in associates

    Cons

    -high hours, poor work life balance - wfh during COVID is difficult

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  10. "Great place to start career and build skills"

    5.0
    Current Employee - Associate 

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

    Pros

    - Competitive pay - Exposure to PE work

    Cons

    - 4 Years to MBA track is longer than other consulting firms

Found 466 reviews