Pros
Newer developers can learn a lot very quickly because of the pairing model.
Cons
The company's mission is to bring joy to the people who build, use, and pay for technology, but it has become so abundantly clear that the leadership does not actually care about the people building it. As a developer, you are a set of hands capable of producing billable hours, nothing more. The leadership frequently, loudly scoffs at developers for sharing technical know-how with the larger team.
The culture prides itself on being resistant to people leaving, so instead of raising eyebrows when people leave, leadership says "look! it's working!". There are no more senior engineers left at the company because anyone who can get a new job in this market has left. Leadership's response when asked about the exodus of senior dev's was "It's time for you all to step up".
When individuals become too outspoken, they are pulled privately into rooms by leadership and told to keep their voice lower.
The only way to move up in the company is by being on the good side of the omni-benevolent Senior Leadership Team.
Pays well below industry average, and the CEO publicly cracks jokes about the amount that they pay.