Pros
The firm has a strong entrepreneurial spirit - that gives consultants opportunity to chart their career paths and pursue their interests. While work-life balance is a challenge (the nature of the business). Leadership has done a lot to recognize this challenge and to create a variety of programs to alleviate work-life balance issues and to help people who want to stay in consulting manage different stages of their life and career.
Cons
The change in leadership a few years back resulted in some unwelcome changes in comp and performance management, which was a misstep, which has fortunately largely been addressed. But there is still progress to be made on compensation. The work does tend towards more operational / cost oriented work - and many consultants sometimes feel stuck in this. But - there are ample opportunities to work on interesting topics and projects - the onus falls on the consultants to build their network and to find / get the opportunities that they want.