LAZ vs EVR/GHL

Rank: Monkey | 30

Hi everyone,

Have offers from Laz and one of the two other firms. Don't want to start a flame war, my main question is, I probably don't want to stay in finance forever, possibly work at a HF after banking and then go back to grad school and do something more international relations/development related.

That being said, which would be a better option here? In terms of deal flow Lazard is better and I think it has better name brand, which would help if I want to move out of finance, but I've read analysts get crushed and its a stiff atmosphere. The other two have better cultures and treatment of analysts, but are only really known within finance.

Thoughts?

Comments (15)

 
Feb 28,2011

If you want exit opps and business school hands down go to LAZ. If you think you wont survive being smacked with printers and having to bring everybody cofffee while doing their laundry, maybe you should go to the other place.

"too good to be true"

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Feb 28,2011

EVR > LAZ > GHL > BX > KKR > TPG > GS TMT > MS M&A > EVR

-MBP

 
Feb 28,2011
manbearpig:

EVR > LAZ > GHL > BX > KKR > TPG > GS TMT > MS M&A > EVR

wrong.

 
Feb 28,2011
thaTHRILLA:
manbearpig:

EVR > LAZ > GHL > BX > KKR > TPG > GS TMT > MS M&A > EVR

wrong.

Note the first and last ones on the list...

I'd say GS TMT > LAZ > GS > MS > GHL > EVR > > > Gleacher

 
Feb 28,2011
thaTHRILLA:
manbearpig:

EVR > LAZ > GHL > BX > KKR > TPG > GS TMT > MS M&A > EVR

wrong.

It was clearly a joke. The entire hierarchy is circular.

-MBP

 
Feb 28,2011

Greenhill > Evercore = Lazard imo, taking into consideration dealflow, culture, exit opps, and etc...

 
Feb 28,2011

Greenhill is little known outside of investment banking/finance. Although the culture is great in terms of work-life balance relative to other banks, you're probably better off at a more established brand if you're looking to do something else after your analyst program.

You might also want to check out the article in the WSJ two weeks ago about Greenhill's deteriorating earnings from advisory.

 
Feb 28,2011

^^^ tdave, isn't that true as well for Evercore, and to a smaller extent even Lazard as well?

 
Feb 28,2011
machinegunfunk:

^^^ tdave, isn't that true as well for Evercore, and to a smaller extent even Lazard as well?

Agreed. My comment was in the context of her choices. Ideally, she would be better off at a BB.

 
Feb 28,2011

http://dealbook.nytimes.com/2011/02/02/evercores-q...
Evercore's been absolutely killing it recently compared to the other boutiques... imo i would go EVR > LAZ >>> GHL

Have you thought about going to a BB? They would be a better fit for you if you want to get out of finance later on.

 
Feb 28,2011
voltaire:

http://dealbook.nytimes.com/2011/02/02/evercores-q...
Evercore's been absolutely killing it recently compared to the other boutiques... imo i would go EVR > LAZ >>> GHL

Have you thought about going to a BB? They would be a better fit for you if you want to get out of finance later on.

You would be crazy to choose Evercore over Lazard. All I'm going to say.

 
Feb 28,2011

Thanks for your help guys. Can't do BB cause I didn't get any BB offers, only landed boutiques. While I do want to eventually move away from finance, I'm not 100% sure on what, like I said previously, maybe intl development/IFC etc.

My main concern is if the difference in prestige/brand name is worth the much tougher culture/treatment of analysts that Lazard has over EVR/GHL. I've networked a lot with both of the places, so if I turn down one for the other this summer, I'm pretty sure I'll be burning bridges and not have a chance at the other firm come full time recruiting.

 
Feb 28,2011

I know the culture at GHL is supposed to be great, but can anyone speak on the Evercore culture?

 
Feb 28,2011