Lazard Reviews

Updated August 11, 2014
Updated August 11, 2014
40 Reviews

3.0
40 Reviews
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Lazard Chairman and CEO Kenneth M. Jacobs
Kenneth M. Jacobs
12 Ratings

Employee Reviews

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  1. 3 people found this helpful  

    If you want to know how does it feel to be a factory worker in china ... lazard is for you!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Information Technology  in  New York, NY
    Current Employee - Information Technology in New York, NY

    I have been working at Lazard as a contractor for more than a year

    Pros

    just having a job, great kitchen, most of the employees are a wonderful people

    Cons

    Blind leading the blind is a right expression here. IT department is ran by people that have non of the managerial insight, they do not know how to run things, they do not have any managerial education, they don't listen to what people telling them, they are heartless and blind. Everything is ran around ranks, strangely enough a lot of people in management get away with only 20 minutes of work per day all the meanwhile bashing their employees that they do not perform up to the par. Everything is holding itself on glue. No matter how hard you work, this company with not take it in to the account. You can stay there day and night , even work on your own time and still you will have a performance issue that the management can not explain.

    Advice to ManagementAdvice

    Many of the managing directors and directors that I have helped are wonderful people, but unfortunately many more act like animals. My advise it to be more human, and if need be please read management for dummies.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  2. 3 people found this helpful  

    100 hours/week, no work-life balance

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

    I worked at Lazard full-time for more than a year

    Pros

    Great training program, that's about it

    Cons

    Consistent 100hr work weeks with little compensation or regard for employee health

    Advice to ManagementAdvice

    Treat your employees with dignity

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  3. 1 person found this helpful  

    Former Analyst

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

    I worked at Lazard

    Pros

    Top M&A deal flow with some of the sharpest people on the street. Easily one of the most prestigious shops and places heavily into mega-funds and PE like KKR, Blackstone, SLP, etc. Compensation above street average.

    Cons

    Tough work culture, long hours. Typical IBD but Lazard will definitely work you harder than the typical BB - Deutsche, Citi, etc.

    Recommends
    Approves of CEO
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  5.  

    M&A masters

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

    I worked at Lazard

    Pros

    Working with smart and talented people

    Cons

    Can be disadvantages of working as part of a lean deal team

    Advice to ManagementAdvice

    Not particularly friendly

  6.  

    Great company to work for.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Secretary  in  New York, NY
    Former Employee - Secretary in New York, NY

    I worked at Lazard full-time for more than 5 years

    Pros

    Work with highest quality Ivy league educated professionals

    Cons

    Salary not competitive with other investment banking firms for administrative support staff.

    Advice to ManagementAdvice

    Reward top performing administrative assistants to retain them.

  7. 1 person found this helpful  

    Balanced

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Investment Banking Analyst  in  New York, NY
    Current Employee - Investment Banking Analyst in New York, NY

    I have been working at Lazard full-time for more than a year

    Pros

    Junior guys are great and very senior guys are good.
    Great benefits even at the junior level
    Generally good exit opps for junior people

    Cons

    Compensation was below street
    Firm relies on its reputation to attract top talent
    Hours can be difficult

    Advice to ManagementAdvice

    Focus on the junior talent. Build from the ground up for more positive work environment

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  8.  

    Good experience, everyone is friendly/helpful in the department I work for

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Jersey City, NJ
    Current Employee - Anonymous Employee in Jersey City, NJ

    I have been working at Lazard

    Pros

    Friendly, Helpful, Fun, Good Work Environment,

    Cons

    Clients, Changes in policies, Management Decisions

    Recommends
    No opinion of CEO
  9. 1 person found this helpful  

    Tough culture

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee  in  New York, NY
    Former Employee - Anonymous Employee in New York, NY

    I worked at Lazard

    Pros

    Lazard is a great place to cut your teeth for a few years. You earn a great name on the resume and work with some of the most intelligent and technical people in finance.

    Cons

    The culture of the firm is tough. There is a touchy-feely French culture that is a carryover from its legacy as a French bank.

    Doesn't Recommend
    No opinion of CEO
  10. 1 person found this helpful  

    Positive

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Vice President  in  New York, NY
    Current Employee - Vice President in New York, NY

    I have been working at Lazard

    Pros

    Interesting daily job, plenty of opportunities

    Cons

    Long Hours, midtown location, not enough vacation days

    Advice to ManagementAdvice

    Take care of your employees

    Recommends
    Approves of CEO
  11. 1 person found this helpful  

    Strong culture, proud employees

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee  in  New York, NY
    Current Employee - Anonymous Employee in New York, NY

    I have been working at Lazard

    Pros

    Great brand, good reputation.
    Competitive pay
    Decent benefits

    Cons

    Dreary offices
    Long hours
    Little job security

    Advice to ManagementAdvice

    More stock to employees

    Recommends
    No opinion of CEO

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