No flat structure.... - Anonymous employee Bloomberg Employee Review

2.0
Feb 21, 2010
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The office is beautyful and you probably won't find much better anywhere else. People are also great and it's an excellent place to make new friends and meet people from all around the world. It's a not a bad place to start your career but don't stay too long!

Cons

Salary is not competitive at all which is very demotivating. Career prospects are poor and senior management have not been trained in leadership at all. Working hours are NOT flexible. You often feel like working in a factory and all that is important is statistics before quality. It doesn't feel like management cares about you at all which is bad for moral and team spirit. Lastly, Bloomberg is known for having a very flat structure which is not really true. Even people used to working in investment banks say that Bloomberg's management structure is more hierarchical than those in banks. Unless you know the right people in the US it is very difficult to get a say in anything.

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Cons

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Pros

Only a five-hour-per-week time commitment, which is very manageable with my class schedule. Bloomberg provides ideas for challenges and activities to host at my school, so I would not have to come up with everything from scratch. There is flexibility to choose when I table and to tailor the role around my schedule.

Cons

The budget for the program is tight, which is frustrating because advertising to law students is exactly how Bloomberg Law builds a dedicated user base. In my opinion, whoever makes the budget is not seeing the bigger vision. A lot of attorneys may not like Bloomberg Law, use it regularly, or ask their firms to purchase a subscription simply because they were never meaningfully exposed to it in law school. This is exactly why Lexis has taken over in such a big way: its presence and budget are felt at law schools across the country. If Bloomberg wants future attorneys to become loyal users, it needs to invest more seriously in reaching students while they are still learning which legal research platforms they prefer.

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