Pros
Diverse and interesting client projects. Exposure to more issues and problems than one would typically experience in a non-consulting environment. Opportunity to work with several different project teams. Global reach and opportunity to travel. Surrounded by very intelligent co-workers that contribute to individual learning.
Cons
Compensation and promotions are not aligned with work time commitment required. Benefits package is average. Client contact often goes through several chains of command resulting in things getting done slowly. Inefficient processes for market pricing. Training lacks formal atmosphere. Most training is on the job, which sometimes leads to inefficient project work resulting in write-offs from going over budget or errors in project work that need to be corrected.