L.E.K. Consulting
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| Partnership | |
| Industry | Management consulting |
| Founded | 1983 |
| Headquarters | London, England |
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Key people
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Iain Evans, Global Chairman Stuart Jackson, Global Managing Partner |
| Products | Management consulting services, including strategy, private equity, mergers & acquisitions, life sciences, and retail |
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Number of employees
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1,200+ employees worldwide |
| Website | www.lek.com |
Iain Evans, Global Chairman
L.E.K. Consulting is a leading Management Consulting firm, with global headquarters in London and U.S. headquarters in Boston. The company was founded in 1983 by three partners from Bain & Company: James Lawrence, Iain Evans and Richard Koch. L.E.K. employs over 1,200 consultants across 21 offices worldwide.
L.E.K. Consulting operates as a partnership and advises over 20 percent of the world's largest companies, as well as leading private equity firms and governments. The firm has acted as an adviser for over a third of the FTSE100, is the only major global strategy consulting firm to have grown from a UK base, and it is the second-largest European strategy consulting firm behind Roland Berger Strategy Consultants. In 2007, L.E.K. received the Queen's Award for Enterprise.
L.E.K. employs a generalist model, with expertise across all major industries including a large presence in Defence, Aviation, Life Sciences, Healthcare, Energy, Entertainment, Transport, Retail, Consumer Products and Financial Services. The company also has a large private equity practice.
L.E.K.'s primary service lines consist of Corporate Strategy, Mergers and Acquisitions, and Operations. As of 2016, it is ranked #8 in Vault's branche-internal survey of Top 50 consulting firms to work for. L.E.K. is ranked 2nd best worldwide for employee travel requirements (minimal compared to competing firms due to the regional staffing model) and 4th for exit opportunities according to Vault.
In 1983, three partners from Bain & Company - James Laurance, Iain Evans and Richard Koch - founded L.E.K. Consulting in London. From the start, their uncompromising vision was to "create a incredible firm or fail trying.". Their most important principles for the firm were around the nature of problem solving. Some of L.E.K.'s major project milestones have included: strategic and commercial advice for the U.K. government on the privatization of passenger train operating companies in the mid-1990s, assisting the launch of one of the world's first pure direct Internet banks in 1996, being the sole strategic advisor on the world’s largest airline merger in 2007 and the transformation of a mid-tier global pharmaceutical company into an industry leader in 2009. In 2008, L.E.K. became the first global major management consulting firm to hold 'carbon neutral' status.
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