The present invention discloses an LED lamp comprising a base, a lamp body coupled to the base, a light emitting assembly arranged inside the lamp body, a positioning component fixed on the lamp body and defining a groove, a flexible component having a fixed end fixed to the lamp body and a free end, and a driver board defining a slot and electrically connected with the light emitting assembly, wherein the driver board is disposed in the groove and the free end of the flexible component is locked into the slot. A method for assembling the LED lamp is also described.