Pros
Great people, interesting projects, and the work-life balance is great once you've established yourself here as a diligent worker. While the training isn't as good as other consultancies, BearingPoint recently began a relationship with Yale University and send Managers, Senior Managers and Managing Directors there to get trained by Yale faculty. That program is fantastic if you get to go.
Cons
Salaries are comparable to the industry, but total compensation is not, with small or non-existant bonuses, WEAK 401K program, and the stock worth so little it's more financially sound to use it as toilet paper. A $990 million dollar debt has turned what should have been a great year in 2008 to concerns about bankruptcy. Uncertainty as to whether the company will exist after the April 2009 debt payment comes due is causing concern that there will be an exodus of staff.