Lazard vs PJT (London)

What does the comparison Lazard vs PJT (London) reveal? From reading old WSO posts, the three EBs seemed to be ranked more or less on a similar level but I'm here for the intricate details. I'm more interested in Lazard vs PJT because the old posts often compare Lazard and Rothschild but not the former two. 

Would be amazing to hear about deal flow, working hours, comp., culture, colleagues and etc., from current and former WSO monkeys who work(ed) at the two firms. 

With thanks as usual!

10 Comments
 

Thanks for your input on my reading ability - good to feel young again. What makes you say Rothschild? From what I heard, Lazard is a very close competitor; it seems Rothschild trumps Lazard/PJT in terms of deal volume but all else is similar. 

 
Most Helpful

We're significantly stronger than PJT in London in terms of deal flow and exits, although PJT's comp is materially higher. I'm not sure how PJT's culture is, but the culture here is pretty buttoned-up (which I personally enjoy) and hours are as you'd expect for a London banking group with good deal flow (aka it's pretty sweaty but not exceptionally bad). 

 

Stronger in what exactly? Hope you refer to M&A only

Also, as an analyst at pjt you get the chance to work across both rssg and m&a, which is very valuable in terms of learning and exits opps into HFs and special sits funds 

 

Harum fuga aliquid vel officia. Repellat qui laborum eligendi. A earum autem aperiam saepe.

Repudiandae nesciunt labore eum aut aliquam consequatur. Consequuntur nemo ducimus rerum voluptas odit pariatur.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (67) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
DrApeman's picture
DrApeman
98.9
7
GameTheory's picture
GameTheory
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
dosk17's picture
dosk17
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”