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INCENTIVE PLANS - Additional Information (Details)
$ / shares in Units, $ in Thousands
9 Months Ended
Apr. 29, 2021
shares
Apr. 24, 2018
shares
Sep. 30, 2023
USD ($)
d
$ / shares
shares
Sep. 30, 2022
$ / shares
Aug. 31, 2023
tranche
Feb. 01, 2021
Jan. 31, 2021
Lazard Fund Interests              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Unrecognized compensation expense (in years)     10 months 24 days        
Non-Executive              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Annual compensation received by directors in the form of DSUs (as percent)     55.00%        
RSUs              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Common stock conversion basis     one-for-one        
Number of dividend participation rights issued     515,420        
Charges to retained earnings, net of estimated forfeitures | $     $ 16,736        
Units granted (in shares)     5,496,350        
Weighted average grant date fair value, granted (in USD per share) | $ / shares     $ 36.51 $ 33.64      
Unrecognized compensation expense | $     $ 156,284        
Unrecognized compensation expense (in years)     1 year        
RSUs | Three Years Following Date of Grant              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Award vesting percentage     33.33%        
RSUs | Five Years Following Date of Grant              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Award vesting percentage     66.67%        
DSUs              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Units granted (in shares)     58,414        
Weighted average grant date fair value, granted (in USD per share) | $ / shares     $ 29.87 35.53      
DSUs | Non-Executive              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Units granted (in shares)     43,999        
Units granted under the directors deferred unit plan (in shares)     14,415        
RSAs              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Units granted (in shares)     646,979        
Weighted average grant date fair value, granted (in USD per share) | $ / shares     $ 37.65 33.31      
Dividend participation rights issued (in shares)     71,900        
Net of estimated forfeitures | $     $ 2,358        
Unrecognized compensation expense | $     $ 20,050        
Unrecognized compensation expense (in years)     10 months 24 days        
PRSUs              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Weighted average grant date fair value, granted (in USD per share) | $ / shares       35.44      
Unrecognized compensation expense | $     $ 1,754        
Unrecognized compensation expense (in years)     6 months        
Vesting period     3 years        
PRSUs | Minimum              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Target number of shares, multiplier     0        
PRSUs | Maximum              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Target number of shares, multiplier     2.4        
SPRPUs              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Units granted (in shares)     2,250,000        
Weighted average grant date fair value, granted (in USD per share) | $ / shares     $ 15.06        
Award vesting, number of tranches | tranche         3    
Common stock price, number of consecutive days | d     30        
SPRPUs | Scenario, Plan              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Vested in period, fair value | $     $ 33,900        
SPRPUs | Three Years Following Date of Grant              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Award vesting percentage     20.00%        
Common stock price, appreciation (as a percent)     25.00%        
SPRPUs | Five Years Following Date of Grant              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Award vesting percentage     40.00%        
Common stock price, appreciation (as a percent)     50.00%        
SPRPUs | Seven Years Following Date of Grant              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Common stock price, appreciation (as a percent)     100.00%        
Profits Interest Participation Rights Excluding SPRPUs              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Vesting period     3 years        
Profits Interest Participation Rights              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Common stock conversion basis     one-for-one        
Units granted (in shares)     3,488,074        
Weighted average grant date fair value, granted (in USD per share) | $ / shares     $ 22.47 $ 34.53      
Unrecognized compensation expense | $     $ 57,590        
Unrecognized compensation expense (in years)     1 year 10 months 24 days        
PRPUs              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Units granted (in shares)     0        
PRPUs | Minimum              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Target number of shares, multiplier           0 0
PRPUs | Maximum              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Target number of shares, multiplier           2.4 2
Common Stock | RSUs              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Withholding taxes in lieu of share delivery (in shares)     1,204,403        
Delivery of common stock associated with stock awards (in shares)     2,155,547        
Common Stock | RSAs              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Withholding taxes in lieu of share delivery (in shares)     268,402        
Delivery of common stock associated with stock awards (in shares)     391,880        
2018 Equity Incentive Plan | Common Stock              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Aggregate number of shares authorized (in shares) 20,000,000            
Common stock shares authorized (in shares)   30,000,000          
Awarded Under 2008 Plan | Common Stock              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Outstanding common stock available (as percent)   30.00%          
Compensation plan expiration period   Apr. 24, 2018          
2005 Equity Incentive Plan | Common Stock              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Common stock shares authorized (in shares)     25,000,000