Pros
Definitely in operations, it's a fast-paced environment. At this level, there is opportunity to work on a range of things- managing staff, leading complex or high-profile initiatives (country and/or regional), representing your global practice on corporate WGs or the like. Despite the current environment, there are still so many incredibly talented people from pretty much every corner of the planet. No single day is routine.
Cons
Senior Management, including some leadership in the Global Practices are incredibly tone-deaf and imposing new processes or measures that boggle the mind and frustrate staff. The benefits package seems to constantly be under scrutiny - granted it's generous by US standards but it is not maintaining its competitiveness with Tier-1 consulting firms or investment banks.