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L.E.K. Consulting

International strategy consulting firm

Summary

International strategy consulting firm

Field	Value
name	L.E.K. Consulting
logo	LEK Logo.png
image	75 State Street.jpg
image_caption	Headquarters at 75 State Street
type	Partnership
foundation
founder	James Lawrence, Iain Evans, Richard Koch
location	75 State Street, Boston, Massachusetts, United States
num_locations	21
key_people	Iain Evans, Global Chairman
num_employees	c.2,100 (2023)
industry	Management consulting
revenue	US$800 million (2021)
homepage

L.E.K. Consulting is a global strategy consulting firm based in London and Boston. Founded in 1983 by three partners from Bain & Company, L.E.K. focuses on corporate strategy, marketing and sales, mergers and acquisitions, and operations. It provides expertise to life sciences and pharma, healthcare services, consumer products, financial services, energy and environment, media and entertainment, technology, travel and transport, industrials, and retail. The firm also has a strong private equity practice.

History

In 1983, three Bain partners from London – James Lawrence, Iain Evans and Richard Koch – left and founded L.E.K.

L.E.K. merged with Alcar Consulting Group in 1993. Founded in 1979, Alcar pioneered value-based management (VBM) principles that maximized result impact for clients.

Projects include providing strategic and commercial advice for the U.K. government on the privatisation of passenger train operating companies in the mid-1990s, assisting the launch of one of the first pure direct internet banks in 1996, and transforming a global pharmaceutical company into an industry leader in 2009.

In 2007, L.E.K. was awarded the Queen's Award for Enterprise for international trade and export. In 2008, L.E.K. became the first global major management consulting firm to hold carbon neutral status. In 2022, the firm was ranked 9th by Firsthand in the "Vault Consulting 50".

L.E.K. utilizes a local staffing model, where consultants travel less compared to other firms.

References

"L.E.K. Consulting - Company Profile".
"Consulting Services and Industries".
"High profile Due Diligence deals win L.E.K. Private Equity award".
(2015-04-05). "L.E.K. Strategy Consulting Firm Profile".
(2015-01-22). "L.E.K. Consulting adds seven new partners globally".
(2017). "Customer Value, Shareholder Wealth, Community Wellbeing: A Roadmap for Companies and Investors". Springer.
"L.E.K. Consulting Company Profile".
(2007-12-05). "L.E.K. Consulting to achieve carbon neutral status from 1st January 2008".
"Vault Consulting Rankings {{!}} Vault Top Consulting Firms".
Murray, Seb. (2017-01-03). "Inside View: L.E.K. Consulting".

Wikipedia Source

This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.

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