Lazard Reviews

Updated July 21, 2015
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4.0
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Lazard Chairman and CEO Kenneth M. Jacobs
Kenneth M. Jacobs
6 Ratings

Pros
  • Less red tape than a bulge bracket (in 5 reviews)

  • Lazard is very well positioned in the investment banking and asset management businesses which makes lazard a great and stable place to work (in 3 reviews)

Cons
  • Analysts and associate work very long hours (in 10 reviews)

  • Absolutely no respect for work life balance (in 4 reviews)

More Pros and Cons

23 Employee Reviews

Sort: Popular Rating Date
  1. Great Experience

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Lazard

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Great bank, wonderful people who took the time to explain everything to me. Great on resume. Really helpful experience if you want to work in finance.

    Cons

    Slightly smaller investment bank (boutique) than the big BBs and very intense work schedule.


  2. Intern

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Lazard

    Positive Outlook
    Approves of CEO
    Positive Outlook
    Approves of CEO

    Pros

    Great coworkers, nice view, interesting new projects. The work seems interesting at times.

    Cons

    Sometimes it feels as things are too simple and that I am overqualified for many takes.


  3. Good experience

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Lazard full-time

    Pros

    The main benefits to the company are that the company has a lot of high-profile deals and good compensation. People are generally nice, especially relative to the industry.

    Cons

    High-pressure, and it is very much a sink or swim type of place. If you do well then they will reward you but because it's so high pressure it's easy to feel overwhelmed.

    Advice to Management

    Analysts need more resources to learn all of the material there is needed to know to do the job well. Also hours and projects need to be more organized and managed better or else the analyst will feel overwhelmed.


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  5. Big Boutique

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Anonymous Intern
    Former Intern - Anonymous Intern

    I worked at Lazard as an intern

    No opinion of CEO
    No opinion of CEO

    Pros

    Everyone is very intelligent and extremely hard working. Places into private equity really well and gets heavy attention from recruiting companies.

    Cons

    It's an absolute sweatshop and there's not isn't much concern about working with people rather than just giving marching orders. People are really only concerned about themselves.

    Advice to Management

    Understand how the millennial generation sees the world and work on creating an environment that fits them better.


  6. Great Learning Experience, A Lot of Work

    Former Employee - Investment Banking Analyst in New York, NY
    Former Employee - Investment Banking Analyst in New York, NY

    I worked at Lazard

    Pros

    Smart, interesting, and hardworking people; Good interaction with senior management

    Cons

    Very demanding, may lack some of the valuable resources you would be afforded at a bulge bracket

    Advice to Management

    encourage more mobility for younger people, not that easy to rise through the ranks


  7. it was overall a great experience

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Lazard

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    amazing culture and people who always were looking to help you learn and grow

    Cons

    there was not a real opportunity for employment after interning at the firm. It was clear early on that you were only there to intern.

    Advice to Management

    I would not consider any advice. The program perfectly fit what I was looking for in a summer internship.


  8. Analyst

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Lazard

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Good work experience and interaction with clients and people in the comapny. but not the best comroderie

    Cons

    over valued in some ways but over all it is a good company. good name recongnition and the interviews are good.


  9. Only if you want to do M&A

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Lazard

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    + Lean deal team, great experience, but sometimes hours can be really bad because of that + Strong deal flow + Don't need to write internal memos for various committees - bankers at BB know what I'm talking about + Smart people + Strong brand name and excellent exit op. in finance

    Cons

    + Limited knowledge bank + Senior people really don't care about Analysts + Good Associates often quit... + Some senior people should leave


  10. Nice place

    • Work/Life Balance
    • Culture & Values
    • Comp & Benefits
    Current Employee - Administrative in New York, NY
    Current Employee - Administrative in New York, NY

    I have been working at Lazard full-time (More than 5 years)

    Pros

    Nice offices, many nice people

    Cons

    Can be intense, long hours for many


  11. Fantastic transactional experience, great brand name, but firm structure can be better

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Investment Banking Analyst
    Former Employee - Investment Banking Analyst

    I worked at Lazard full-time (More than a year)

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Professional colleagues, global reach for a pure-financial advisory firm. Fantastic brand recognition on Wall Street and instant credibility conferred. For junior employees, the Firm supports buy-side / other exit opportunities recruiting; no need to interview behind the firm's back.

    Cons

    Lacks resources on many fronts, but most noticeable in the administrative side. The lack of administrative support means employees generally have to do a lot more admin work. The Firm has a weak presence in Asia. Mobility is not as highly promoted as in other firms.

    Advice to Management

    Consider work-life balance for junior employees. There are alternatives that Wall Street is currently exploring to make this industry a more attractive place to develop a career.



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