For those actually in the industry

nodnard
Mon, 05 May 2008 14:26:25 +0000

Lazard definitely fits the definition of a boutique, as they only offer one service (Well, two now, with LAM): Advisory. They are not a full-service investment bank, thus, they are a boutique.

Do you work at Lazard? Don’t go around pretending you know **** and saying “They will ding you immediately if you call them [a boutique].”