LP’s biggest con is that management just doesn’t care about their employees. The language they speak is “corpo” which just reeks of inauthenticity. They say one thing but do another, and then gaslight you when you try to call them out on it. Just read their comments to these reviews (gaslighting, deflection).
When I was there, leadership consisted of individuals who pretty much propped themselves and their friends up, while creating barriers of advancement for everyone else. They will cry “that’s not true!” but it is. After a while promotions just became a joke, because it was the same people every time. This may be different now, but the fact this was allowed to happen is bad enough.
They constantly moved the goal post for people, and created a meaningless tier system that in theory was nice but in practice was poorly executed. Also, every change to the bonus model impacted employee pay negatively (compensation is very bonus heavy, way below what you’ll find at more competitive agencies). They will try and say “oh the AVERAGE compensation is higher” as a counterpoint, but don’t buy into that nonsense. What they say is not a reflection of what the reality is for most people. Standing in a room with Bill Gates might mean the average net worth of that room is in the billions, but that doesn’t mean that average is a reflection of the majority. It’s disingenuous for them to imply otherwise.
If you’re a POC, I highly recommend avoiding LP. Just don’t do it. You will not get anywhere. Again, please do ignore the responses they leave on these reviews. It’s performative. DEI seemed like a really big focus at one point, but it’s not genuine. They like the idea and image of diversity, but you will rarely see a POC in a high level position. Opportunities that allow you to shine will often be given to your white (even less experienced) peers.
When I saw what LP was turning into, I decided it was time to go (this section isn’t big enough for all the cons that emerged overtime). From the people I have spoken to who are still there, LP is just an empty husk of what it used to be. It’s really a shame. There was a time I didn’t want to work anywhere else. By the time I left, I said I wouldn’t ever consider coming back. LP was once a fantastic place to work, but the LP I knew and got to experience was gutted overtime due to poor decisions made by management.
