| L.E.K. Consulting | |
| Type: | Partnership |
| 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) |
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.[1] 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.[2] The firm also has a strong private equity practice.[3]
In 1983, three Bain partners from London – James Lawrence, Iain Evans and Richard Koch – founded L.E.K.[4]
L.E.K. merged with Alcar Consulting Group in 1993. Founded in 1979,[5] Alcar pioneered value-based management (VBM) principles that maximized result impact for clients.[6]
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.[7] In 2008, L.E.K. became the first global major management consulting firm to hold carbon neutral status.[8] In 2022, the firm was ranked 9th by Firsthand in the "Vault Consulting 50".[9]
L.E.K. utilizes a local staffing model, where consultants travel less compared to other firms.[10]