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Lazard's London office offers a strong culture and solid exit opportunities, though the specifics can vary depending on the group. Here's what you need to know:

Top Groups

  • The London office benefits from larger intakes compared to some other locations, which can provide a broader network and more structured training.
  • Exit opportunities are primarily focused on Middle Market (MM) Private Equity (PE) and Credit for those who only speak English. However, Mega Fund (MF) PE is achievable if you're European or an exceptional performer.
  • There have been a few Hedge Fund (HF) exits in recent years, though these are less common.

Culture

  • The culture is described as supportive, with HR organizing numerous events, especially for interns, which helps foster a collaborative environment.
  • Some graduates find the culture and ecosystem so fitting that they don't actively pursue exit opportunities immediately.
  • In the UK, buyside roles are often off-cycle, leading some individuals to stay at Lazard for several years before transitioning.

If you're aiming to maximize exit opportunities and experience, focusing on standout performance and networking within the firm will be key.

Sources: Reflections at Lazard (London), PWP LA vs Lazard LA, Lazard vs Moelis Chicago Offices, Reflections at Lazard (London), Lazard and Jefferies A&D Groups

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Avoid RCL at all costs, you must not end up there. Weak deal flow and long hours but most importantly, psycho Ds / MDs (everyone knows who they are). They will make you hate your life and eventually quit. Head of team is a cunt as well. Churn has been insane last 5 years as juniors are either fired or quit.

 

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