The greatest influence in the 1860s and 1870s was J. H. D. Goldie, who raised LMBC to the "Headship of the River", won the "Colquhoun Sculls", and stroked Cambridge four times.

One of the greatest influences of the 20th century was Roy Meldrum who established the "Lady Margaret" style, which he detailed in his rowing books.

In 1951, Lady Margaret won the Grand at Henley Royal Regatta and had five members of the successful Cambridge crew, which also defeated Harvard and Yale in the United States.

Members of the club are well known for their scarlet jackets, which gave rise to the modern term blazer.

Due to its affiliation with St John's College, the club always fields many, often very successful, boats with first-time rowers during the first university term.

Club members also often go to row with university lightweight and heavyweight crews to compete against Oxford.

Every year, a strange tradition takes place during the Bumps Weeks in Lent and May term, known as the "Stomp".

If captured, one is put to shame by being bought breakfast in the rival college's hall.