Legacy Research Group Reviews

I wanted to start by saying that I plead to anyone who ever thinks of working for this company to look somewhere else unequivocally. Heed this advice, and you'll be fine; otherwise, enter this "place" at your own peril. Let's get into some specifics: Compensation/Opportunities: Aligned with what other reviewers have stated here, the company still pays like it's 2017, so you either come in negotiating a good salary, or you'll be holding the bag for pennies for as long as you work there. Unless you're part of the select few who can "impress the partners" enough to get promoted. Most departments are heavily overworked, and you will be expected to do 2 or 3 jobs in one, which will probably have nothing to do with each other. Especially with all the rounds of layoffs his company had in the past 2 years alone. Work & life balance: There is an unspoken status quo at this company that comes from a philosophy upper management pushes, and it's called "Legacy first, everything else second." Yes, that means your kids, wife, other family members, and even your dog come in the way of the business because when there's work to be done, you don't work a 9-5 but certainly won't be compensated a penny for such efforts. Not only that but what's also pathetic is that you will be reprimanded if you show up a minute past 9 on the days that you need to be at the office. But they for sure don't give a care in the world for every extra free hour you give them. Oh and they also made all employees that can commute return to the office. Even those who were hired remotely. But rest assured, if you're part of a select few, you might be able to set your own terms for how many days you come to the office, while the rest has to show up. To recap: no one will tell you this upfront because it's borderline illegal, but there will be an expectation for you to work for free beyond the 9-5. You will waste time commuting to be in an office where you'll be unproductive. Middle management: There are only two possible reasons why someone would be a middle manager at this organization: either A) You're paid REALLY well or B) You're a Kool-Aid drinker. Because for the use and abuse they take, it's gotta be worth it, right? In my experience with this company, middle managers dabble between two roles: being highly paid grunts churning and burning through work or being enforcers of whatever leadership says they need to do, with no in-between. However, I can't give them any brownie points because they're often the type of people who perpetuate this false narrative of "flexibility" because they get to grant you common courtesies like letting you take time off (that is rightfully earned) or needing to go to a doctor's appointment. Also, from what I heard, some managers are really stuck up and have these "ritual" meetings every other day of the week with silly themes and mandatory attendance. Leadership: I gotta agree with what has been said already; it's a boys club, through and through. And you need to drive a Porsche to qualify. Honestly, this bunch is downright the most political, condescending, tone-deaf, and disrespectful I've come across. The partners have some sort of a power trip. In an email, they pretty much justified their decision to lay off people by hinting that other (bigger) companies are doing so, too. As well as comparing themselves to Fortune 500 companies when justifying their "hybrid" policy, They are pretty clear on how they feel about you: If you don't like it, "go somewhere else," Outlook: maybe it's just the industry on its own that happens to be very cutthroat, but if you're expecting some sort of growth or advancement, look somewhere else. Especially with the people in charge. A job is not something that should have volatility like the market.

Bonuses and raises are not guaranteed. I didn't get a bonus or raise this year. I haven't gotten ANY significant raise since starting several years ago (the max I ever got was 2%). My salary does not match my cost-of-living needs. I was denied raises after asking for them. Upper management is difficult to like. They are often rude and condescending towards anything negative about the company and are incredibly out-of-touch with the working class who work at LRG. All through the pandemic, we had town hall meetings where the partners would update us on the company's situation and it was not a good experience. They were always rude and often said inappropriate things. I got to a point where I didn't want to attend because I knew I would just be upset afterwards. Late hours. Not all days are late working days. I have days when my day-of work is completed before 4pm (always with other long-term projects left to complete, of course). Some days, however, I work until 6:30 or 7pm. The latest I've ever worked was until 8:45pm. Layoffs. We've had 2 rounds of significant layoffs in less than a year. When asked how this would be prevented in the future, there were no answers given, and the partners actually made jokes about it. We, as a company, are not doing well, financially. Which is ironic since we're in financial publishing. The company is impacted by the stock market. If we're in a bull market, the company is great and you get a lot of benefits and perks. If we're in a bear market, you get nothing and the company severely struggles. Customer reviews are pretty bad right now. Training. Training is minimal and depends on your manager and team. Getting to know the company is confusing at first. It took me almost 2 years to really feel confident in my role and my knowledge about the company and our products. Lack of opportunities for growth. This will also depend on your role and department. I haven't had any success with upward trajectory and it isn't from a lack of hard work or ability. End-of-year prep is BRUTAL. Having the end-of-year time off mentioned in my Pros is great, but the prep to get there is exhausting and causes long hours for several weeks. Lack of diversity and lack of care for diversity. Someone mentioned in their reviews that there are no politics in this company, and I highly disagree. There are internal politics (including favoritism from the partners), and this is also a right-leaning company. I was disturbed by many things we published during the pandemic that talked about what a hoax COVID was. If that goes against your values, definitely think again before joining the company.