Pros
Really nice building in a nice location, and there is a good variety of clients.
Cons
The principal is out of practice and knows nothing about modern technology. 85% of things they 'design' are based off something from iStock or a purchased WordPress theme. Project management is non-existent. There are no deadlines and anything you do will change multiple times within a second because the principal will never remember what she says. There is no design process and no development of concepts. The most important thing to the principal is making money. The small team you work with are very nice but have a short fuse because of the negative environment. The clients are demanding and the principal will do anything she can to keep them happy regardless of how ridiculous the demand. The number of employees that come and go is unsettling and the clients won't ever know why because the principal will lie when you leave and say that "she had to let you go" for some made up reason to keep up with ego.