The Vault Review


  • “Very strong brand name; prestigious with extremely talented bankers picked off from other shops”
  • “Working with top-tier (Fortune 500) clients on interesting M&A deals”
  • “Great exit opportunities; well represented at all major PE and hedge funds”


  • “Harsh hours”
  • “Lack of career mentorship and poor management from seniors”
  • “Elitist culture, which can be abrasive”

The Buzz

  • “Excellent M&A boutique with great deal flow”
  • “Great reputation but tough senior bankers”
  • “Great restructuring and turnaround firm”
  • “Going through a transition period”

Survey Says

Vault Verdict:  Lazard is one of the most prestigious (and oldest) names in investment banking. As such, the firm only recruits top-tier candidates from top-tier schools. Ideally, candidates are smart and humble, have a strong knowledge of finance and...

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