Ventajas
The long-term employees (over 20 years) treated everyone as part of the family and genuinely cared for each other. In the end the people were the best thing about the firm. I would say there are probably five principals who are just amazing in every sense, and whom I will always respect and appreciate.
Desventajas
The company used to be more about their employees and as a result the company did well, but once the new CEO took over it all became about profit and dollars. It unfortunately became a competition among principals and senior associates and much less about the rest of the employees. By the end of my stay at this firm there weren't any raises, bonus or 401k matching because they have to fund the retirement of the senior principals. It became a cut throat corporation when it used to be such a nice, warm firm.