Risk factors
Lazard (LAZ) risk factors
Item 1A of every Lazard, Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2025 10-K risk factors35 risks1 new3 dropped3 reworded
AI use is newly identified as a business, compliance, quality-control, vendor-dependence and competitiveness risk.
Filed Feb 23, 2026 - FY2024 10-K risk factors37 risks
Lazard faces significant risks centered on deal-flow volatility, key talent retention, intense competition, and debt obligations totaling $1.7 billion.
Filed Feb 24, 2025