Lazard Middle Market Reviews

Updated 25 Aug 2020

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3.8
72%
Recommend to a Friend
100%
Approve of CEO
Lazard Middle Market CEO Robert Frost (no image)
Robert Frost
2 Ratings
  1. "Strong Company, Good Culture"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Investment Banking Associate II in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Lots of Dealflow and Exposure

    Cons

    Difficult to get promoted to Senior Banker

  2. "Culture"

    5.0
    Former Employee - Anonymous Employee 

    I worked at Lazard Middle Market full-time

    Pros

    Loved the culture at this firm

    Cons

    None come to mind with the middle market


  3. "Jr.'s be strategic and express interest in working in certain favored industry groups"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Vice President 
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Lazard's name recognition within the industry.

    Cons

    It is still a bit of an old boys club.

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  4. Helpful (1)

    "Rewarding and challenging environment"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Vice President in Minneapolis, MN
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Lazard Middle Market full-time for more than 8 years

    Pros

    Company has a great reputation and treats employees well

    Cons

    Demanding, long work hours are expected

  5. Helpful (1)

    "Great Employer"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Lazard Middle Market full-time for less than a year

    Pros

    Lazard Middle Market is a great place of employment. All of the staff, coworkers, and management are professional, supportive, and amiable. LMM encompasses a very positive work environment that I enjoy coming to each day. The perks including team outings are fantastic, as well as LMM's benefits, which now includes both a Wellness and Fitness subsidy/reimbursement program.

    Cons

    I have not experienced any major cons working at LMM. There are at times some long work days necessary.

  6. "Great culture, great people."

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Minneapolis, MN
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    The Minneapolis office has a terrific workplace culture and a great group of people to work with. Given a lot of responsibility from the get-go which was appreciated. Open door policy. Annual ski trip to Vail is always fun - great way to meet the other offices and network with senior management. Wellness program at LMM is great and above industry standards.

    Cons

    Teams are leanly staffed which can make things tough during crunch time; but it does provide you with more exposure.

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  7. Helpful (1)

    "Just OK"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
     
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I worked at Lazard Middle Market

    Pros

    CEO is an entertaining public speaker. There is an annual ski trip that fosters camaraderie. Lots of responsibility given to associates and analysts.

    Cons

    Lack of mid-level bankers. Bait and switch recruiting tactics. Pay well below street. Mediocre exit opps. Deal size very small even amongst MM firms. Senior bankers have intense JV complex regarding large cap advisory.

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  8. Helpful (1)

    "Analyst"

    4.0
    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.

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  9. "Great Deal Experience. Unfocused Management."

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    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.

    Continue reading
  10. "LMM"

    2.0
    • Career Opportunities
     
    Recommends

    I worked at Lazard Middle Market

    Pros

    Nice office space and location.

    Cons

    Experience may vary depending on group worked with.

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