Pros
Good production support (graphic artists, admin assistants) allows researchers to spend more time focusing on research rather than time-consuming administrative tasks. Good place to find your research niche since you are exposed to many different research topics and clients and work on multiple projects simultaneously.
Cons
Poor management -- being intelligent does not equate to being a good manager. A lot of pressure for mid- and upper-level staff to write proposals, win work, and minimize their time spent on overhead. However, who gets to work on which proposals is a very political process. Ineffective leaders are not removed. Employees who commit research fraud or who are verbally abusive to more junior staff are not penalized. Catty burnout environment, CEO seems like a dud -- not sure he has any real substantive qualifications to effectively lead a research organization -- doesn't seem like a good fit. There is no real corporate culture because some departments are very stringent about clocking in and out, whereas others allow you to work from home. As a result, morale is very low in many areas of the company.