Lazard Reviews

Updated July 21, 2015
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3.3
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Recommend to a friend
Approve of CEO
Lazard Chairman and CEO Kenneth M. Jacobs
Kenneth M. Jacobs
19 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

55 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
    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. Analys

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

    I have been working at Lazard full-time

    Pros

    The pay is pretty good

    Cons

    I never get to leave my desk


  3. Intern

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


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. 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.


  6. Analyst

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

    Pros

    Compensation package is above the street.

    Cons

    Terrible management, long hours, no upward mobility.

    Advice to Management

    "Good job" goes a long way in motivating young hard workers.


  7. Investment Banking analyst

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Investment Banking Analyst in New York, NY
    Former Employee - Investment Banking Analyst in New York, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    You get to work on large deals and your clients are Fortune 100 players. The firm is recognized as a very focused investment bank that is able to provide objective advisory guidance.

    Cons

    The culture is terrible. Everyone works on weekends and there is no work life balance. You are expected to be available at all hours of the day and all weekends. You will sit in the office waiting for comments until late hours of the night. Limited training and limited career guidance.

    Advice to Management

    You should invest more in your career development programs to be able to attract top talent and retain it.


  8. 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

    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


  9. 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
    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.


  10. Tough life

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Brand name is strong among investment banks

    Cons

    No worklife balance, lower bonuses than many other banks on the street

    Advice to Management

    Should focus more on culture and employee satisfaction


  11. good company

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Computer Systems Analyst
    Former Employee - Computer Systems Analyst
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    good location. conservative company culture.

    Cons

    some politics depending where you are but not much.



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