Pros
The Lab is filled with very smart, highly collaborative and driven people. Their client base in financial services is second to none, and management does an excellent job of marketing to top tier firms. As a result, the engagements are challenging and interesting. The office in NY has so much local business that you will never be sent to the middle of nowhere traveling 4 days out of 5, which is an issue for me with large consulting firms; though you can be asked to travel. Great benefits as well. The view from the 50th floor overlooking Central Park is incredible when you are in the office.
Cons
The culture of the NY office is generally anti-work from home, though they will make arrangements with individuals who need that for some reason.