📍
Chicago, IL

2026 Chicago Restructuring Full Time Associate

No experience
Finance
Finance
Posted:
December 28, 2025

Lazard

Global financial advisory and asset manager
77
Palpable Score
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Description  

Lazard is one of the world’s preeminent financial advisory and asset management firms. Our people and culture make the difference. While global in presence and reach, ours is a close, collaborative community of just over 3,000 professionals. Lazard is a place of continuous knowledge sharing, skill development and relationship building, where professionals grow and succeed together. Our entrepreneurial culture, flat structure and embrace of individual differences, allow creative ideas, original concepts, and unique perspectives to drive our business forward — and for careers to take flight.

Through our financial advisory business, Lazard advises clients around the world on strategic and financial matters including mergers and acquisitions, restructurings, capital structure and capital raising. Our client relationships are built on trust and discretion. As the world’s largest advisory-focused firm, we have exceptional depth of expertise across industry sectors and geographies. We value the rich diversity that comes from blending local perspective with our global network.

Lazard has advised on more than 500 restructurings over the past decade with total restructured liabilities over $2 trillion, including many of the largest and most complex. Unlike most other firms, our professionals combine their restructuring knowledge with expertise in restructuring, liability management, M&A, credit analysis, capital raising, industry insights and negotiation in distressed situations.

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About the company

Lazard

Company overview
Lazard is an independent financial services firm focused on Financial Advisory and Asset Management. Lazard advises companies, governments, and institutions on major transactions and strategic decisions, and Lazard manages investment strategies for institutional and individual clients. Lazard operates through a global network of offices and runs both advisory and investment teams across multiple regions. The company also employs corporate functions that support the core businesses.

Locations and presence

Lazard lists principal locations including London, New York, and Paris, and the company shows offices across 22 countries. Lazard leadership has publicly described a hybrid setup in New York that expects three days in-office and two days remote, with office expectations still varying by team and role.

Palpable Score

77
/ 100
Lazard offers multiple credible entry points for students and new graduates, especially through structured internships that can convert into Analyst roles and through a clearly described UK assessment process. Lazard also invests heavily in training, including multi-week analyst training and buddy-style support, and Lazard publishes pay information for some U.S. early-career roles. The score is capped by uneven transparency across regions and limited published early-career outcomes data such as conversion rates, retention, and promotion timing.
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