Lazard LA in 2024
Hey all - sophomore interested in recruiting for LA here. There’s already some information about Lazard LA on this forum, but would appreciate if anyone has any updated insights.
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Ah, the quest for the golden ticket into Lazard LA! Based on the highest ranked content on WSO, here's what I can swing your way:
Recruitment Process: Lazard, like many other investment banks, typically recruits for summer analyst positions well in advance. For instance, discussions about the 2019 SA positions started popping up as early as May 2018. So, if you're eyeing 2024, it's smart to start looking into it now.
Reputation and Culture: Lazard has a strong reputation, and based on the WSO threads, it seems to maintain a solid presence in the LA area. The culture, as with any firm, can vary by office, but Lazard is known for its intellectual rigor and deal-making prowess.
Networking: It's crucial. The WSO Networking Guide can be your bible here. Reach out to alumni, attend industry events, and maybe even try to find a mentor through the WSO Mentor program. The more people you know, the better your chances.
Preparation: Don't forget to brush up on your technical skills. The WSO Elite Modeling Package could be a game-changer for you. It covers Excel, financial statement modeling, LBO, M&A, and valuation modeling courses – all of which will be invaluable in interviews.
Interviews: They can be tough. The WSO IB Interview Course has thousands of questions that have been asked at real investment banks, including Lazard. It's a treasure trove for anyone serious about acing their interviews.
Remember, the early monkey gets the banana, so keep your eyes peeled for any updates on the forum, and don't hesitate to contribute to the discussions. Your insights as you go through the process could be valuable to others following in your footsteps. Good luck!
Sources: Lazard SA 2020 updates?, Lazard SA 2018, Lazard 2019 SA, Lazard 2019 SA, Lazard LA vs Barclays LA vs BAML LA
bump
Does a lot of aerospace and defense. Also has like a web3/gaming business which I think you get crossed staffed on. Good amount of usc guys, decent culture, "cool guys" that date models
Office has declined significantly over the past few years. They lost 2 of the 3 MDs on the A&D side to PWP, and the current A&D practice is a shell of its former self. They used to also have an MD focused on interactive media (read: internet) that was really strong in his space and overall a great person to work for, but he has left recently as well. Unfortunately, at least on the A&D side, the wlb has not improved much with the loss of seniors - last I heard the juniors are still worked on bizdev and pitch materials just as much as before, but now with the caveat a lot of their bakeoffs go nowhere because they win a lot less.
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