Lazard Middle Market Reviews | Glassdoor

Lazard Middle Market Reviews

10 reviews

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3.3
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Lazard Middle Market CEO David Solomon
David Solomon
1 Rating

Employee Reviews

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  1. "Analyst"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Lazard Middle Market full-time

    Pros

    Annual trip to Vail is great bonding experience with other offices. Opportunity for direct promotion. Great transaction experience.

    Cons

    Experience is dependent on team you work with. If senior level bankers are not concerned with development, junior bankers are on their own.

    Advice to Management

    Try and integrate more with Lazard. LMM "stigma" impacts exit opportunities.


  2. "Great Deal Experience. Unfocused Management."

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

    I worked at Lazard Middle Market full-time

    Pros

    Deal experience is phenomenal. You will get to work on a variety of deals and play a meaningful role in all stages of the transaction.

    Cons

    Management buries its head in the sand when it comes to "toxic" managers and other personnel issues. Training is mainly on the job; if an employee is not performing well, managers tend to ignore employee rather than intervene and fix the problem. Work-life balance is nonexistent. Compensation is average at best.

    Advice to Management

    Spend more time developing talent. Opportunities for advancement are few and far between.

  3. "LMM"

    StarStarStarStarStar
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends

    Pros

    Nice office space and location.

    Cons

    Experience may vary depending on group worked with.


  4. Helpful (1)

    "Sweat shop"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Get a lot of transaction experience and good brand in finance. You will also get a lot of responsibility since the office is lean.

    Cons

    No work life balance at all. The company is behind its peers in implementing any of the policies to reduce weekend work.


  5. "Good experience"

    StarStarStarStarStar
    Former Employee - Associate in New York, NY
    Former Employee - Associate in New York, NY

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

    Pros

    Very professional environment, hard-working, sophisticated

    Cons

    corporate, early advancement opportunities lacking


  6. "Good experience"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate in Minneapolis, MN
    Current Employee - Associate in Minneapolis, MN
    Doesn't Recommend
    Neutral Outlook

    I have been working at Lazard Middle Market full-time (More than a year)

    Pros

    generally good group of guys, a lot of the experience (culture, reps, etc.) depends on the group to which you are assigned

    Cons

    compensation is determined by industry group so if you're in a small group, there will be bigger swings from year to year, firm lacks experience in certain industry verticals, seem to pursue all new business opportunities (qualified or not)

    Advice to Management

    Need to add more junior support for the teams. The decision to start developing more strategic plans for each industry group was a good idea.


  7. "Great training for investment banking analyst."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Summer Analyst in Chicago, IL
    Former Intern - Summer Analyst in Chicago, IL
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Lazard Middle Market as an intern (Less than a year)

    Pros

    Small deal teams, few analyst gives great deal of learning experience.

    Cons

    Grueling hours, fratty, monochrome culture.

    Advice to Management

    More purposeful focus on recruiting

  8. "Overall good experience, good culture and good hours relative to bulge brackets."

    StarStarStarStarStar
    Current Employee - Associate in New York, NY
    Current Employee - Associate in New York, NY

    I have been working at Lazard Middle Market full-time (More than 3 years)

    Pros

    good hours, bosses are reasonable, coworkers and junior bankers all get along well and make life in the office tolerable.

    Cons

    i think the types of deals done could be of higher quality or caliber. Also, there could be analytical work involved versus just process management


  9. "positive"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate in Minneapolis, MN
    Current Employee - Associate in Minneapolis, MN
    Recommends
    Approves of CEO

    Pros

    Because of the work life balance

    Cons

    need to bolster our restructuring practice

    Advice to Management

    nothing


  10. Helpful (1)

    "Looooooong Hours"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst
    Current Employee - Analyst
    No opinion of CEO

    Pros

    Very steep learning curve. Oper door policy. Structured career progression. Good compensation package albeit less than what the industry offers.

    Cons

    long long long long long long long long long long long long long long long long long long long long long work hours

    Advice to Management

    Need to institutionalize a formal training program for incoming batch. Need to institutionalize a formal training program for incoming batch.