<SEC-DOCUMENT>0000950157-23-000159.txt : 20230224
<SEC-HEADER>0000950157-23-000159.hdr.sgml : 20230224
<ACCEPTANCE-DATETIME>20230223185926
ACCESSION NUMBER:		0000950157-23-000159
CONFORMED SUBMISSION TYPE:	S-8
PUBLIC DOCUMENT COUNT:		4
FILED AS OF DATE:		20230224
DATE AS OF CHANGE:		20230223
EFFECTIVENESS DATE:		20230224

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Lazard Ltd
		CENTRAL INDEX KEY:			0001311370
		STANDARD INDUSTRIAL CLASSIFICATION:	INVESTMENT ADVICE [6282]
		IRS NUMBER:				980437848
		STATE OF INCORPORATION:			D0
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		S-8
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-269977
		FILM NUMBER:		23661696

	BUSINESS ADDRESS:	
		STREET 1:		CLARENDON HOUSE
		STREET 2:		2 CHURCH STREET
		CITY:			HAMILTON
		STATE:			D0
		ZIP:			HM II
		BUSINESS PHONE:		(441) 295-1422

	MAIL ADDRESS:	
		STREET 1:		CLARENDON HOUSE
		STREET 2:		2 CHURCH STREET
		CITY:			HAMILTON
		STATE:			D0
		ZIP:			HM II
</SEC-HEADER>
<DOCUMENT>
<TYPE>S-8
<SEQUENCE>1
<FILENAME>forms-8.htm
<DESCRIPTION>REGISTRATION STATEMENT
<TEXT>
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    <div style="text-align: right; font-weight: bold;">Registration No. 333-</div>
    <div><br>
    </div>
    <div style="text-align: center; font-weight: bold;">As filed with the Securities and Exchange Commission on February 23, 2023.</div>
    <div><br>
    </div>
    <div style="text-align: center; font-size: 18pt; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</div>
    <div style="text-align: center; font-size: 12pt; font-weight: bold;">Washington, D.C. 20549</div>
    <div><br>
    </div>
    <div style="text-align: center; font-size: 18pt; font-weight: bold;">FORM S-8</div>
    <div style="text-align: center; font-size: 18pt; font-weight: bold;">REGISTRATION STATEMENT</div>
    <div style="text-align: center; font-size: 12pt; font-style: italic; font-weight: bold;">UNDER</div>
    <div style="text-align: center; font-size: 12pt; font-style: italic; font-weight: bold;">THE SECURITIES ACT OF 1933</div>
    <div><br>
    </div>
    <div style="text-align: center; font-size: 24pt; font-weight: bold;">LAZARD LTD</div>
    <div style="text-align: center; font-weight: bold;">(Exact name of registrant as specified in its charter)</div>
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          <td style="width: 2%; vertical-align: bottom;">&#160;</td>
          <td style="width: 49%; vertical-align: middle;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 49%; vertical-align: top;">
            <div style="text-align: center; color: #000000; font-weight: bold;">Bermuda</div>
          </td>
          <td style="width: 2%; vertical-align: bottom;">&#160;</td>
          <td style="width: 49%; vertical-align: top;">
            <div style="text-align: center; color: #000000; font-weight: bold;">98-0437848</div>
          </td>
        </tr>
        <tr>
          <td style="width: 49%; vertical-align: top;">
            <div style="text-align: center; color: #000000; font-weight: bold;">(State or other jurisdiction of<br>
              incorporation or organization)</div>
          </td>
          <td style="width: 2%; vertical-align: bottom;">&#160;</td>
          <td style="width: 49%; vertical-align: top;">
            <div style="text-align: center; color: #000000; font-weight: bold;">(I.R.S. Employer<br>
              Identification No.)</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <div style="text-align: center; font-weight: bold;">Clarendon House</div>
    <div style="text-align: center; font-weight: bold;">2 Church Street</div>
    <div style="text-align: center; font-weight: bold;">Hamilton HM 11, Bermuda</div>
    <div style="text-align: center; font-weight: bold;">(441) 295-1422</div>
    <div style="text-align: center; font-weight: bold;">(Address, including zip code, and telephone number, including area code, of registrant&#8217;s principal executive offices)</div>
    <div><br>
    </div>
    <div style="text-align: center; font-weight: bold;">Lazard Ltd 2018 Incentive Compensation Plan</div>
    <div style="text-align: center; font-weight: bold;">(Full title of the plan)</div>
    <div><br>
    </div>
    <div style="text-align: center; font-weight: bold;">Scott D. Hoffman, Esq.</div>
    <div style="text-align: center; font-weight: bold;">Lazard Ltd</div>
    <div style="text-align: center; font-weight: bold;">30 Rockefeller Plaza</div>
    <div style="text-align: center; font-weight: bold;">New York, New York 10112</div>
    <div style="text-align: center; font-weight: bold;">(212) 632-6000</div>
    <div style="text-align: center; font-weight: bold;">(Name, address, including zip code, and telephone number, including area code, of agent for service)</div>
    <div><br>
    </div>
    <div style="text-align: center; font-style: italic; font-weight: bold;">Copies to:</div>
    <div><br>
    </div>
    <div style="text-align: center; font-weight: bold;">Nicholas A. Dorsey, Esq.</div>
    <div style="text-align: center; font-weight: bold;">Cravath, Swaine &amp; Moore LLP</div>
    <div style="text-align: center; font-weight: bold;">Worldwide Plaza</div>
    <div style="text-align: center; font-weight: bold;">825 Eighth Avenue</div>
    <div style="text-align: center; font-weight: bold;">New York, New York 10019</div>
    <div style="text-align: center; font-weight: bold;">(212) 474-1000</div>
    <div><br>
    </div>
    <div>Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of &#8220;large accelerated filer,&#8221; &#8220;accelerated
      filer,&#8221; &#8220;smaller reporting company,&#8221; and &#8220;emerging growth company&#8221; in Rule 12b-2 of the Exchange Act.</div>
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          <td style="width: 15%; vertical-align: middle;">&#160;</td>
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          <td style="width: 20%; vertical-align: bottom;">
            <div style="color: #000000;">Large accelerated filer</div>
          </td>
          <td style="width: 2%; vertical-align: bottom;">&#160;</td>
          <td style="width: 40%; vertical-align: bottom;">
            <div style="color: #000000; font-family: 'Segoe UI Symbol', sans-serif;">&#9746;</div>
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          <td style="width: 2%; vertical-align: bottom;">&#160;</td>
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            <div style="color: #000000;">Accelerated filer</div>
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          <td style="width: 1%; vertical-align: bottom;">&#160;</td>
          <td style="width: 15%; vertical-align: bottom;">
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            <div style="color: #000000;">Non-accelerated filer</div>
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          <td style="width: 2%; vertical-align: bottom;">&#160;</td>
          <td style="width: 40%; vertical-align: bottom;">
            <div style="color: #000000;"><font style="font-family: 'Segoe UI Symbol', sans-serif;">&#9744;</font> (Do not check if a smaller reporting company)</div>
          </td>
          <td style="width: 2%; vertical-align: bottom;">&#160;</td>
          <td style="width: 19.88%; vertical-align: bottom;">
            <div style="color: #000000;">Smaller reporting company</div>
          </td>
          <td style="width: 1%; vertical-align: bottom;">&#160;</td>
          <td style="width: 15%; vertical-align: bottom;">
            <div style="color: #000000; font-family: 'Segoe UI Symbol', sans-serif;">&#9744;</div>
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          <td style="vertical-align: middle;" colspan="2">&#160;</td>
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          <td style="width: 20%; vertical-align: bottom;">&#160;</td>
          <td style="width: 2%; vertical-align: bottom;">&#160;</td>
          <td style="width: 40%; vertical-align: bottom;">&#160;</td>
          <td style="width: 2%; vertical-align: bottom;">&#160;</td>
          <td style="width: 19.88%; vertical-align: bottom;">
            <div style="color: #000000;">Emerging growth company</div>
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          <td style="width: 1%; vertical-align: bottom;">&#160;</td>
          <td style="width: 15%; vertical-align: bottom;">
            <div style="color: #000000; font-family: 'Segoe UI Symbol', sans-serif;">&#9744;</div>
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    <div><br>
    </div>
    <div>If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the
      Securities Act. <font style="font-family: 'Segoe UI Symbol', sans-serif;">&#9744;</font></div>
    <div><font style="font-family: 'Segoe UI Symbol', sans-serif;"> <br>
      </font></div>
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      <hr align="center" style="border: none; border-bottom: 4px solid black; border-top: 1px solid black; height: 10px; color: #ffffff; background-color: #ffffff; text-align: center; margin-left: auto; margin-right: auto;"><font style="font-family: 'Segoe UI Symbol', sans-serif;"> </font></div>
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    <div><br>
    </div>
    <div style="text-align: center; font-weight: bold;">EXPLANATORY NOTE</div>
    <div><br>
    </div>
    <div>This Registration Statement is filed by Lazard Ltd (the &#8220;Company&#8221;) pursuant to General Instruction E to Form S-8. The contents of the Registration Statement on Form S-8 previously filed on April 30, 2018 (No. 333-224552) are incorporated by
      reference herein and made a part hereof, except as supplemented, amended or superseded by the information set forth below. This Registration Statement on Form S-8 is filed by the Company to register an additional 20,000,000 shares of the Company&#8217;s
      Class A common stock, par value $0.01 per share that may become issuable under the Lazard Ltd 2018 Incentive Compensation Plan, as amended.</div>
    <div><br>
    </div>
    <div style="text-align: center; font-weight: bold;">Part II</div>
    <div style="text-align: center; font-weight: bold;">INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</div>
    <div><br>
    </div>
    <div style="font-weight: bold;">Item 8. Exhibits.</div>
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          <td style="width: 6%; vertical-align: middle;">&#160;</td>
          <td style="vertical-align: middle;" colspan="2">&#160;</td>
        </tr>
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          <td nowrap="nowrap" style="width: 6%; vertical-align: top;">
            <div style="color: #000000;"><a href="ex5-1.htm">5.1</a></div>
          </td>
          <td style="width: 1%; vertical-align: bottom;">&#160;</td>
          <td style="width: 93%; vertical-align: top;">
            <div><a href="ex5-1.htm">Opinion of Conyers Dill &amp; Pearman, Bermuda, regarding legality.</a></div>
          </td>
        </tr>
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          <td style="width: 6%; vertical-align: middle;">&#160;</td>
          <td style="vertical-align: middle;" colspan="2">&#160;</td>
        </tr>
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          <td nowrap="nowrap" style="width: 6%; vertical-align: top;">
            <div style="color: #000000;"><a href="ex23-1.htm">23.1</a></div>
          </td>
          <td style="width: 1%; vertical-align: bottom;">&#160;</td>
          <td style="width: 93%; vertical-align: top;">
            <div><a href="ex23-1.htm">Consent of Independent Registered Public Accounting Firm.</a></div>
          </td>
        </tr>
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          <td style="width: 6%; vertical-align: middle;">&#160;</td>
          <td style="vertical-align: middle;" colspan="2">&#160;</td>
        </tr>
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          <td nowrap="nowrap" style="width: 6%; vertical-align: top;">
            <div style="color: #000000;">23.2</div>
          </td>
          <td style="width: 1%; vertical-align: bottom;">&#160;</td>
          <td style="width: 93%; vertical-align: top;">
            <div>Consent of Conyers Dill &amp; Pearman (included in <a href="ex5-1.htm">Exhibit 5.1</a>).</div>
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          <td style="width: 6%; vertical-align: middle;">&#160;</td>
          <td style="vertical-align: middle;" colspan="2">&#160;</td>
        </tr>
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          <td nowrap="nowrap" style="width: 6%; vertical-align: top;">
            <div style="color: #000000;"><a href="#poa">24.1</a></div>
          </td>
          <td style="width: 1%; vertical-align: bottom;">&#160;</td>
          <td style="width: 93%; vertical-align: top;">
            <div><a href="#poa">Power of Attorney (included on signature page to this Registration Statement).</a></div>
          </td>
        </tr>
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          <td style="width: 6%; vertical-align: middle;">&#160;</td>
          <td style="vertical-align: middle;" colspan="2">&#160;</td>
        </tr>
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          <td nowrap="nowrap" style="width: 6%; vertical-align: top;">
            <div style="color: #000000;"><a href="https://www.sec.gov/Archives/edgar/data/1311370/000119312518082725/d525181ddef14a.htm#toc525181_32">99.1</a></div>
          </td>
          <td style="width: 1%; vertical-align: bottom;">&#160;</td>
          <td style="width: 93%; vertical-align: top;">
            <div><a href="https://www.sec.gov/Archives/edgar/data/1311370/000119312518082725/d525181ddef14a.htm#toc525181_32">Lazard Ltd 2018 Incentive Compensation Plan (incorporated by reference to Annex B to the Company&#8217;s Definitive Proxy Statement on
                Schedule 14A (File No. 001-32492) filed on March 15, 2018).</a></div>
          </td>
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        <tr>
          <td nowrap="nowrap" style="width: 6%; vertical-align: top;">&#160;</td>
          <td style="width: 1%; vertical-align: bottom;">&#160;</td>
          <td style="width: 93%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td nowrap="nowrap" style="width: 6%; vertical-align: top;">
            <div style="color: #000000;"><a href="https://www.sec.gov/Archives/edgar/data/1311370/000156459021013646/laz-def14a_20210429.htm#Annex_B">99.2</a></div>
          </td>
          <td style="width: 1%; vertical-align: top;">&#160;</td>
          <td style="width: 93%; vertical-align: top;">
            <div><a href="https://www.sec.gov/Archives/edgar/data/1311370/000156459021013646/laz-def14a_20210429.htm#Annex_B">First Amendment to the Lazard Ltd 2018 Incentive Compensation Plan (incorporated by reference to Annex B to the Company&#8217;s
                Definitive Proxy Statement on Schedule 14A (File No. 001-32492) filed on March 16, 2021).</a></div>
          </td>
        </tr>
        <tr>
          <td nowrap="nowrap" style="width: 6%; vertical-align: top;">&#160;</td>
          <td style="width: 1%; vertical-align: top;">&#160;</td>
          <td style="width: 93%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td nowrap="nowrap" style="width: 6%; vertical-align: top;">
            <div style="color: #000000;"><a href="ex-107.htm">107</a></div>
          </td>
          <td style="width: 1%; vertical-align: bottom;">&#160;</td>
          <td style="width: 93%; vertical-align: top;">
            <div><a href="ex-107.htm">Filing Fee Table</a></div>
          </td>
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    <div><br>
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    <div style="text-align: center; font-weight: bold;">SIGNATURES</div>
    <div><br>
    </div>
    <div>Pursuant to the requirements of the Securities Act, the Company certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Registration Statement to be signed on its
      behalf by the undersigned, thereunto duly authorized, in the City of New York, State of New York, on the 23rd day of February, 2023.</div>
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          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="vertical-align: top;" colspan="4">
            <div style="color: #000000; font-weight: bold;">LAZARD LTD</div>
          </td>
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          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 3%; vertical-align: middle;">&#160;</td>
          <td style="vertical-align: middle;" colspan="2">&#160;</td>
          <td style="width: 12%; vertical-align: top;">&#160;</td>
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          <td style="width: 50%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 3%; vertical-align: top; padding-bottom: 2px;">
            <div style="color: #000000;">By:</div>
          </td>
          <td style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" colspan="2">
            <div>
              <div style="color: #000000;">/s/ Mary Ann Betsch</div>
            </div>
          </td>
          <td style="width: 12%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 3%; vertical-align: top;">&#160;</td>
          <td style="width: 4%; vertical-align: bottom;">
            <div style="color: #000000;">Name:</div>
          </td>
          <td style="width: 31%; vertical-align: bottom;">
            <div style="color: #000000; font-weight: bold;">Mary Ann Betsch</div>
          </td>
          <td style="width: 12%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 3%; vertical-align: top;">&#160;</td>
          <td style="width: 4%; vertical-align: bottom;">
            <div style="color: #000000;">Title:</div>
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          <td style="width: 31%; vertical-align: bottom;">
            <div style="color: #000000; font-weight: bold;">Chief Financial Officer</div>
          </td>
          <td style="width: 12%; vertical-align: top;">&#160;</td>
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    <div><br>
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    <div style="text-align: center; font-weight: bold;"><a name="poa"><!--Anchor--></a>POWER OF ATTORNEY</div>
    <div><br>
    </div>
    <div>KNOW ALL MEN BY THESE PRESENTS, that each person whose signature appears below hereby constitutes and appoints MARY ANN BETSCH and SCOTT D. HOFFMAN, and each of them (with full power to act alone), his or her true and lawful attorney-in-fact and
      agent, with full power of substitution and resubstitution, for him or her in his or her name, place and stead, in any and all capacities, to sign any and all amendments, including post-effective amendments, of and supplements to this Registration
      Statement, and to file the same with all exhibits thereto and other documents in connection therewith, with the Commission, granting unto any such attorney-in-fact and agent full power and authority to do and perform each and every act and thing
      requisite and necessary to be done in and about the premises, to all intents and purposes and as fully as they might or could do in person, hereby ratifying and confirming all that such attorneys-in-fact and agents, or any of their respective
      substitutes, may lawfully do or cause to be done by virtue hereof.</div>
    <div><br>
    </div>
    <div>Pursuant to the requirements of the Securities Act, as amended, this Registration Statement has been signed by the following persons in the capacities and on the dates indicated.</div>
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          <td style="width: 3%; vertical-align: bottom;">&#160;</td>
          <td style="width: 35%; vertical-align: middle;">&#160;</td>
          <td style="width: 3%; vertical-align: bottom;">&#160;</td>
          <td style="width: 24%; vertical-align: middle;">&#160;</td>
        </tr>
        <tr>
          <td nowrap="nowrap" style="width: 35%; vertical-align: bottom;">
            <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold;">Signature</div>
          </td>
          <td style="width: 3%; vertical-align: bottom;">&#160;</td>
          <td nowrap="nowrap" style="width: 35%; vertical-align: bottom;">
            <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold;">Title</div>
          </td>
          <td style="width: 3%; vertical-align: bottom;">&#160;</td>
          <td nowrap="nowrap" style="width: 24%; vertical-align: bottom;">
            <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold;">Date</div>
          </td>
        </tr>
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          <td style="width: 35%; vertical-align: middle;">&#160;</td>
          <td style="vertical-align: middle;" colspan="2">&#160;</td>
          <td style="vertical-align: middle;" colspan="2">&#160;</td>
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        <tr>
          <td style="width: 35%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
            <div>
              <div style="color: #000000;">/s/ Kenneth M. Jacobs</div>
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          </td>
          <td style="width: 3%; vertical-align: bottom; padding-bottom: 2px;">&#160;</td>
          <td style="width: 35%; vertical-align: middle;" rowspan="2">
            <div style="color: #000000;">Chairman, Chief Executive Officer and Director<br>
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          <td style="width: 3%; vertical-align: bottom; padding-bottom: 2px;">&#160;</td>
          <td style="width: 24%; vertical-align: top;" rowspan="2">
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          </td>
        </tr>
        <tr>
          <td style="width: 35%; vertical-align: top;">
            <div style="color: #000000; font-weight: bold;">Kenneth M. Jacobs</div>
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          <td style="width: 3%; vertical-align: bottom;">&#160;</td>
          <td style="width: 3%; vertical-align: bottom;">&#160;</td>
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        <tr>
          <td style="width: 35%; vertical-align: middle;">&#160;</td>
          <td style="vertical-align: middle;" colspan="2">&#160;</td>
          <td style="vertical-align: middle;" colspan="2">&#160;</td>
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        <tr>
          <td style="width: 35%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
            <div>
              <div style="color: #000000;">/s/ Mary Ann Betsch</div>
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          </td>
          <td style="width: 3%; vertical-align: bottom; padding-bottom: 2px;">&#160;</td>
          <td style="width: 35%; vertical-align: middle;" rowspan="2">
            <div style="color: #000000;">Chief Financial Officer<br>
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          <td style="width: 3%; vertical-align: bottom; padding-bottom: 2px;">&#160;</td>
          <td style="width: 24%; vertical-align: top;" rowspan="2">
            <div style="text-align: center; color: #000000;">February 23, 2023</div>
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        <tr>
          <td style="width: 35%; vertical-align: top;">
            <div style="color: #000000; font-weight: bold;">Mary Ann Betsch</div>
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          <td style="width: 3%; vertical-align: bottom;">&#160;</td>
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        <tr>
          <td style="width: 35%; vertical-align: middle;">&#160;</td>
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        <tr>
          <td style="width: 35%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
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              <div style="color: #000000;">/s/ Dominick Ragone</div>
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          </td>
          <td style="width: 3%; vertical-align: bottom; padding-bottom: 2px;">&#160;</td>
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          <td style="width: 3%; vertical-align: bottom; padding-bottom: 2px;">&#160;</td>
          <td style="width: 24%; vertical-align: top;" rowspan="2">
            <div style="text-align: center; color: #000000;">February 23, 2023</div>
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        <tr>
          <td style="width: 35%; vertical-align: top;">
            <div style="color: #000000; font-weight: bold;">Dominick Ragone</div>
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          <td style="width: 3%; vertical-align: bottom;">&#160;</td>
          <td style="width: 3%; vertical-align: bottom;">&#160;</td>
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        <tr>
          <td style="width: 35%; vertical-align: middle;">&#160;</td>
          <td style="vertical-align: middle;" colspan="2">&#160;</td>
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        <tr>
          <td style="width: 35%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
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              <div style="color: #000000;">/s/ Ann-Kristin Achleitner</div>
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          <td style="width: 3%; vertical-align: bottom; padding-bottom: 2px;">&#160;</td>
          <td style="width: 35%; vertical-align: middle;" rowspan="2">
            <div style="color: #000000;">Director</div>
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          <td style="width: 3%; vertical-align: bottom; padding-bottom: 2px;">&#160;</td>
          <td style="width: 24%; vertical-align: top;" rowspan="2">
            <div style="text-align: center; color: #000000;">February 23, 2023</div>
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        </tr>
        <tr>
          <td style="width: 35%; vertical-align: top;">
            <div style="color: #000000; font-weight: bold;">Ann-Kristin Achleitner</div>
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          <td style="width: 3%; vertical-align: bottom;">&#160;</td>
          <td style="width: 3%; vertical-align: bottom;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 35%; vertical-align: middle;">&#160;</td>
          <td style="vertical-align: middle;" colspan="2">&#160;</td>
          <td style="vertical-align: middle;" colspan="2">&#160;</td>
        </tr>
        <tr>
          <td style="width: 35%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
            <div>
              <div style="color: #000000;">/s/ Andrew M. Alper</div>
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          </td>
          <td style="width: 3%; vertical-align: bottom; padding-bottom: 2px;">&#160;</td>
          <td style="width: 35%; vertical-align: middle;" rowspan="2">
            <div style="color: #000000;">Director</div>
          </td>
          <td style="width: 3%; vertical-align: bottom; padding-bottom: 2px;">&#160;</td>
          <td style="width: 24%; vertical-align: top;" rowspan="2">
            <div style="text-align: center; color: #000000;">February 23, 2023</div>
          </td>
        </tr>
        <tr>
          <td style="width: 35%; vertical-align: top;">
            <div style="color: #000000; font-weight: bold;">Andrew M. Alper</div>
          </td>
          <td style="width: 3%; vertical-align: bottom;">&#160;</td>
          <td style="width: 3%; vertical-align: bottom;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 35%; vertical-align: middle;">&#160;</td>
          <td style="vertical-align: middle;" colspan="2">&#160;</td>
          <td style="vertical-align: middle;" colspan="2">&#160;</td>
        </tr>
        <tr>
          <td style="width: 35%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
            <div>
              <div style="color: #000000;">/s/ Richard N. Haass</div>
            </div>
          </td>
          <td style="width: 3%; vertical-align: bottom; padding-bottom: 2px;">&#160;</td>
          <td style="width: 35%; vertical-align: middle;" rowspan="2">
            <div style="color: #000000;">Director</div>
          </td>
          <td style="width: 3%; vertical-align: bottom; padding-bottom: 2px;">&#160;</td>
          <td style="width: 24%; vertical-align: top;" rowspan="2">
            <div style="text-align: center; color: #000000;">February 23, 2023</div>
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        </tr>
        <tr>
          <td style="width: 35%; vertical-align: top;">
            <div style="color: #000000; font-weight: bold;">Richard N. Haass</div>
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          <td style="width: 3%; vertical-align: bottom;">&#160;</td>
          <td style="width: 3%; vertical-align: bottom;">&#160;</td>
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        <tr>
          <td style="width: 35%; vertical-align: middle;">&#160;</td>
          <td style="vertical-align: middle;" colspan="2">&#160;</td>
          <td style="vertical-align: middle;" colspan="2">&#160;</td>
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          <td style="width: 35%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
            <div>
              <div style="color: #000000;">/s/ Michelle Jarrard</div>
            </div>
          </td>
          <td style="width: 3%; vertical-align: bottom; padding-bottom: 2px;">&#160;</td>
          <td style="width: 35%; vertical-align: middle;" rowspan="2">
            <div style="color: #000000;">Director</div>
          </td>
          <td style="width: 3%; vertical-align: bottom; padding-bottom: 2px;">&#160;</td>
          <td style="width: 24%; vertical-align: top;" rowspan="2">
            <div style="text-align: center; color: #000000;">February 23, 2023</div>
          </td>
        </tr>
        <tr>
          <td style="width: 35%; vertical-align: top;">
            <div style="text-indent: -10pt; margin-left: 10pt; color: #000000; font-weight: bold;">Michelle Jarrard</div>
          </td>
          <td style="width: 3%; vertical-align: bottom;">&#160;</td>
          <td style="width: 3%; vertical-align: bottom;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 35%; vertical-align: middle;">&#160;</td>
          <td style="vertical-align: middle;" colspan="2">&#160;</td>
          <td style="vertical-align: middle;" colspan="2">&#160;</td>
        </tr>
        <tr>
          <td style="width: 35%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
            <div>
              <div style="color: #000000;">/s/ Iris Knobloch</div>
            </div>
          </td>
          <td style="width: 3%; vertical-align: bottom; padding-bottom: 2px;">&#160;</td>
          <td style="width: 35%; vertical-align: middle;" rowspan="2">
            <div style="color: #000000;">Director</div>
          </td>
          <td style="width: 3%; vertical-align: bottom; padding-bottom: 2px;">&#160;</td>
          <td style="width: 24%; vertical-align: top;" rowspan="2">
            <div style="text-align: center; color: #000000;">February 23, 2023</div>
          </td>
        </tr>
        <tr>
          <td style="width: 35%; vertical-align: top;">
            <div style="text-indent: -10pt; margin-left: 10pt; color: #000000; font-weight: bold;">Iris Knobloch</div>
          </td>
          <td style="width: 3%; vertical-align: bottom;">&#160;</td>
          <td style="width: 3%; vertical-align: bottom;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 35%; vertical-align: middle;">&#160;</td>
          <td style="vertical-align: middle;" colspan="2">&#160;</td>
          <td style="vertical-align: middle;" colspan="2">&#160;</td>
        </tr>
        <tr>
          <td style="width: 35%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
            <div>
              <div style="color: #000000;">/s/ Philip A Laskawy</div>
            </div>
          </td>
          <td style="width: 3%; vertical-align: bottom; padding-bottom: 2px;">&#160;</td>
          <td style="width: 35%; vertical-align: middle;" rowspan="2">
            <div style="color: #000000;">Director</div>
          </td>
          <td style="width: 3%; vertical-align: bottom; padding-bottom: 2px;">&#160;</td>
          <td style="width: 24%; vertical-align: top;" rowspan="2">
            <div style="text-align: center; color: #000000;">February 23, 2023</div>
          </td>
        </tr>
        <tr>
          <td style="width: 35%; vertical-align: top;">
            <div style="text-indent: -10pt; margin-left: 10pt; color: #000000; font-weight: bold;">Philip A. Laskawy</div>
          </td>
          <td style="width: 3%; vertical-align: bottom;">&#160;</td>
          <td style="width: 3%; vertical-align: bottom;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 35%; vertical-align: middle;">&#160;</td>
          <td style="vertical-align: middle;" colspan="2">&#160;</td>
          <td style="vertical-align: middle;" colspan="2">&#160;</td>
        </tr>
        <tr>
          <td style="width: 35%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
            <div>
              <div style="color: #000000;">/s/ Jane L. Mendillo</div>
            </div>
          </td>
          <td style="width: 3%; vertical-align: bottom; padding-bottom: 2px;">&#160;</td>
          <td style="width: 35%; vertical-align: middle;" rowspan="2">
            <div style="color: #000000;">Director</div>
          </td>
          <td style="width: 3%; vertical-align: bottom; padding-bottom: 2px;">&#160;</td>
          <td style="width: 24%; vertical-align: top;" rowspan="2">
            <div style="text-align: center; color: #000000;">February 23, 2023</div>
          </td>
        </tr>
        <tr>
          <td style="width: 35%; vertical-align: top;">
            <div style="text-indent: -10pt; margin-left: 10pt; color: #000000; font-weight: bold;">Jane L. Mendillo</div>
          </td>
          <td style="width: 3%; vertical-align: bottom;">&#160;</td>
          <td style="width: 3%; vertical-align: bottom;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 35%; vertical-align: middle;">&#160;</td>
          <td style="vertical-align: middle;" colspan="2">&#160;</td>
          <td style="vertical-align: middle;" colspan="2">&#160;</td>
        </tr>
        <tr>
          <td style="width: 35%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
            <div>
              <div style="color: #000000;">/s/ Richard D. Parsons</div>
            </div>
          </td>
          <td style="width: 3%; vertical-align: bottom; padding-bottom: 2px;">&#160;</td>
          <td style="width: 35%; vertical-align: middle;" rowspan="2">
            <div style="color: #000000;">Director</div>
          </td>
          <td style="width: 3%; vertical-align: bottom; padding-bottom: 2px;">&#160;</td>
          <td style="width: 24%; vertical-align: top;" rowspan="2">
            <div style="text-align: center; color: #000000;">February 23, 2023</div>
          </td>
        </tr>
        <tr>
          <td style="width: 35%; vertical-align: top;">
            <div style="text-indent: -10pt; margin-left: 10pt; color: #000000; font-weight: bold;">Richard D. Parsons</div>
          </td>
          <td style="width: 3%; vertical-align: bottom;">&#160;</td>
          <td style="width: 3%; vertical-align: bottom;">&#160;</td>
        </tr>

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    <div><br>
    </div>
    <div style="text-align: center; font-weight: bold;">AUTHORIZED REPRESENTATIVE</div>
    <div><br>
    </div>
    <div>Pursuant to the requirements of the Securities Act, this Registration Statement has been signed below by the undersigned as the duly authorized representative of Lazard Ltd in the United States.</div>
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          <td style="width: 35%; vertical-align: middle;">&#160;</td>
          <td style="width: 65%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 35%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
            <div>
              <div style="color: #000000;">/s/ Scott D. Hoffman</div>
            </div>
          </td>
          <td style="width: 65%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 35%; vertical-align: top;">
            <div style="color: #000000; font-weight: bold;">Scott D. Hoffman</div>
          </td>
          <td style="width: 65%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 35%; vertical-align: middle;">&#160;</td>
          <td style="width: 65%; vertical-align: top;">&#160;</td>
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          <td style="width: 35%; vertical-align: top;">
            <div style="text-indent: -10pt; margin-left: 10pt; color: #000000;">Date: February 23, 2023</div>
          </td>
          <td style="width: 65%; vertical-align: top;">&#160;</td>
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<DOCUMENT>
<TYPE>EX-5.1
<SEQUENCE>2
<FILENAME>ex5-1.htm
<DESCRIPTION>LEGAL OPINION
<TEXT>
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  <div style="text-align: right;"><font style="font-family: 'Times New Roman'; font-weight: bold;">Exhibit 5.1</font><br>
  </div>
  <div> <br>
  </div>
  <div>
    <div style="text-align: justify;">February 23, 2023</div>
    <div style="text-align: right; font-size: 8pt;">Matter No.:329413</div>
    <div style="text-align: right; font-size: 8pt;">Doc Ref: 22252701</div>
    <div style="text-align: right; font-size: 8pt;">+441 298-7861</div>
    <div style="text-align: right; font-size: 8pt;">robert.alexander@conyers.com</div>
    <div style="text-align: justify;">Lazard Ltd</div>
    <div style="text-align: justify;">Clarendon House</div>
    <div style="text-align: justify;">2 Church Street</div>
    <div style="text-align: justify;">Hamilton HM 11</div>
    <div style="text-align: justify;">Bermuda</div>
    <div><br>
    </div>
    <div style="text-align: justify;">Ladies and Gentlemen,</div>
    <div><br>
    </div>
    <div style="text-align: justify;">Re: <font style="font-weight: bold;">Lazard Ltd (the &#8220;Company&#8221;)</font></div>
    <div><br>
    </div>
    <div style="text-align: justify;">We have acted as special Bermuda legal counsel to the Company in connection with a registration statement on Form S-8&#160; filed with the Securities and Exchange Commission (the &#8220;<font style="font-weight: bold;">Commission</font>&#8221;) on February 23, 2023 (the &#8220;<font style="font-weight: bold;">Registration Statement</font>&#8221;, which term does not include any
      other document or agreement whether or not specifically referred to therein or attached as an exhibit or schedule thereto) relating to the registration under the United States Securities Act of 1933, as amended, (the &#8220;<font style="font-weight: bold;">Securities Act</font>&#8221;) of 20,000,000 Class A common shares, par value US$0.01 per share (the &#8220;<font style="font-weight: bold;">Common Shares</font>&#8221;), issuable pursuant
      to the Lazard Ltd 2018 Incentive Compensation Plan, as amended by the First Amendment to the Lazard Ltd 2018 Incentive Compensation Plan dated as of April 29, 2021 (the &#8220;<font style="font-weight: bold;">Plan</font>&#8221;,
      which term includes the amended and restated 2016 French sub-plan attached thereto as Exhibit A).</div>
    <div><br>
    </div>
    <div style="text-align: justify;">For the purposes of giving this opinion, we have examined copies of the Registration Statement and the Plan.&#160; We have also reviewed the memorandum of association and the bye-laws of
      the Company, each certified by the Assistant Secretary of the Company on February 23, 2021, and minutes of a meeting of the board of directors of the Company held on 25 February 2021, minutes of a meeting of the board of directors of the Company held
      on&#160;February 22, 2023, and an extract of resolutions passed at a meeting of the members of the Company held on February 29, 2021, each certified by the Assistant Secretary of the Company on
      February 23, 2023 (together, the &#8220;<font style="font-weight: bold;">Resolutions</font>&#8221;) and such other documents and made such enquiries as to questions of law as we have deemed necessary in order to render the
      opinion set forth below.</div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
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    <div><br>
    </div>
    <div style="text-align: justify;">We have assumed (a) the genuineness and authenticity of all signatures and the conformity to the originals of all copies (whether or not certified) of all documents examined by us
      and the authenticity and completeness of the originals from which such copies were taken, (b) that where a document has been examined by us in draft form, it will be or has been executed and/or filed in the form of that draft, and where a number of
      drafts of a document have been examined by us all changes thereto have been marked or otherwise drawn to our attention, (c) the accuracy and completeness of all factual representations made in the Registration Statement, the Plan and other documents
      reviewed by us, (d) that the Resolutions were passed at one or more duly convened, constituted and quorate meetings, or by unanimous written resolutions, remain in full force and effect and have not been rescinded or amended, (e) that there is no
      provision of the law of any jurisdiction, other than Bermuda, which would have any implication in relation to the opinions expressed herein, (f) the validity and binding effect under the laws of the State of New York of the Plan in accordance with
      its terms, (g) that there is no provision of any award agreement which would have any implication in relation to the opinions expressed herein, (h) that, upon the issue of any Common Shares, the Company will receive consideration for the full issue
      price thereof which shall be equal to at least the par value thereof, (i) that on the date of issuance of any of the Common Shares the Company will have sufficient authorised but unissued common shares, (j) that the Company&#8217;s shares on the date of
      issue of any Common Shares will be listed on an appointed stock exchange, as defined in the Companies Act 1981, as amended, and the consent to the issue and free transfer of the Common Shares given by the Bermuda Monetary Authority dated 20 January
      2005 will not have been revoked or amended at the time of issuance of any Common Shares.</div>
    <div><br>
    </div>
    <div style="text-align: justify;">We have made no investigation of and express no opinion in relation to the laws of any jurisdiction other than Bermuda.&#160; This opinion is to be governed by, and construed in
      accordance with, the laws of Bermuda and is limited to, and is given on the basis of, the current law and practice in Bermuda.&#160; This opinion is issued solely for the purposes of the filing of the Registration Statement and the issuance of the Common
      Shares by the Company pursuant to the Plan and is not to be relied upon in respect of any other matter.</div>
    <div><br>
    </div>
    <div style="text-align: justify;">On the basis of, and subject to, the foregoing, we are of the opinion that:</div>
    <div><br>
    </div>
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          </td>
          <td style="width: 18pt; vertical-align: top;">1.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div>The Company is duly incorporated and existing under the laws of Bermuda in good standing (meaning solely that it has not failed to make any filing with any Bermuda government authority or to pay
              any Bermuda government fees or tax which would make it liable to be struck off the Register of Companies and thereby cease to exist under the laws of Bermuda).</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z26df0e3c9934459cbd0e1c54d34f6f20" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);">

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          <td style="width: 18pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">2.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div>When issued and paid for in accordance with the terms of the Plan, the Common Shares will be validly issued, fully paid and non-assessable (which term means when used herein that no further sums
              are required to be paid by the holders thereof in connection with the issue of such shares).</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <div style="text-align: justify;">We consent to the filing of this opinion as an exhibit to the Registration Statement.&#160; In giving such consent, we do not hereby admit that we are experts within the meaning of
      Section 11 of the Securities Act or that we are within the category of persons whose consent is required under Section 7 of the Securities Act or the rules and regulations of the Commission promulgated thereunder.</div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div style="text-align: justify;">Yours faithfully,</div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div style="text-align: justify; color: rgb(0, 47, 95); font-weight: bold;">Conyers Dill &amp; Pearman Limited</div>
    <div><br>
    </div>
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<DOCUMENT>
<TYPE>EX-23.1
<SEQUENCE>3
<FILENAME>ex23-1.htm
<DESCRIPTION>AUDITOR CONSENT
<TEXT>
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  <div style="text-align: right;"><font style="font-weight: bold;">Exhibit 23.1</font><br>
  </div>
  <div>
    <div style="font-family: 'Times New Roman'; font-weight: bold;"><br>
    </div>
    <div style="text-align: center; font-family: 'Times New Roman'; font-weight: bold;">CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM</div>
    <div><br>
    </div>
    <br>
    <div style="text-align: justify;">We consent to the incorporation by reference in this Registration Statement on Form S-8 of our reports dated February 23, 2023, relating to the financial
      statements of Lazard Ltd and the effectiveness of the Lazard Ltd's internal control over financial reporting, appearing in the Annual Report on Form 10-K of the Company for the year ended December 31, 2022.</div>
    <div><br>
    </div>
    <div>/s/ Deloitte &amp; Touche LLP</div>
    <div><br>
    </div>
    <div>New York, New York</div>
    <div>February 23, 2023</div>
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<DOCUMENT>
<TYPE>EX-FILING FEES
<SEQUENCE>4
<FILENAME>ex-107.htm
<DESCRIPTION>FILING FEES TABLE
<TEXT>
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    <div style="text-align: right; color: #000000; font-family: 'Times New Roman'; font-weight: bold;">Exhibit 107</div>
    <div><br>
    </div>
    <div style="text-align: center; margin-right: 83.2pt; margin-left: 83.2pt; color: #000000; font-family: 'Times New Roman';">Calculation of Filing Fee Table</div>
    <div style="text-align: center; margin-right: 83.2pt; margin-left: 83.2pt; color: #000000; font-family: 'Times New Roman';"> <br>
    </div>
    <div style="text-align: center; color: #000000; font-family: 'Times New Roman'; font-weight: bold;">Form S-8</div>
    <div style="text-align: center; color: #000000; font-family: 'Times New Roman';">(Form Type)</div>
    <div style="text-align: center; text-indent: 6.6pt; color: #000000; font-family: 'Times New Roman'; font-weight: bold;"> <br>
    </div>
    <div style="text-align: center; text-indent: 6.6pt; color: #000000; font-family: 'Times New Roman'; font-weight: bold;">Lazard Ltd</div>
    <div style="text-align: center; color: #000000; font-family: 'Times New Roman';">(Exact Name of Registrant as Specified in its Charter)</div>
    <div style="text-align: center; color: #000000; font-family: 'Times New Roman';"> <br>
    </div>
    <div style="text-align: center; margin-right: 83.2pt; margin-left: 83.3pt; color: #000000; font-family: 'Times New Roman';"><u>Table 1: Newly Registered Securities</u></div>
    <div style="text-align: center; margin-right: 83.2pt; margin-left: 83.3pt; color: #000000; font-family: 'Times New Roman';"><u> <br>
      </u></div>
    <table cellspacing="0" cellpadding="2" border="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="zc829ac8caeaf44bda0bbfb68bd74f281">

        <tr>
          <td style="width: 8%; vertical-align: bottom; border-width: 2px; border-style: solid; border-color: rgb(0, 0, 0);">
            <div style="text-align: center; margin-right: 3.7pt; margin-left: 4.65pt; color: #000000; font-family: 'Times New Roman';">Security Type</div>
          </td>
          <td style="width: 12%; vertical-align: bottom; border-width: 2px; border-style: solid; border-color: rgb(0, 0, 0);">
            <div style="text-align: center; text-indent: -5.2pt; margin-right: 6.5pt; margin-left: 13.25pt; color: #000000; font-family: 'Times New Roman';">Security </div>
            <div style="text-align: center; text-indent: -5.2pt; margin-right: 6.5pt; margin-left: 13.25pt; color: #000000; font-family: 'Times New Roman';">Class Title</div>
          </td>
          <td style="width: 12%; vertical-align: bottom; border-width: 2px; border-style: solid; border-color: rgb(0, 0, 0);">
            <div style="text-align: center; text-indent: -0.3pt; margin-right: 5.5pt; margin-left: 6.65pt; color: #000000; font-family: 'Times New Roman';">Fee </div>
            <div style="text-align: center; text-indent: -0.3pt; margin-right: 5.5pt; margin-left: 6.65pt; color: #000000; font-family: 'Times New Roman';">Calculation Rule</div>
          </td>
          <td style="width: 12.06%; vertical-align: bottom; border-left: #000000 2px solid; border-right: #000000 2px solid; border-top: #000000 2px solid; border-bottom: #000000 2px solid;">
            <div style="text-align: center; text-indent: 4.15pt; margin-right: 4.7pt; margin-left: 6.3pt; color: #000000; font-family: 'Times New Roman';">Amount Registered (1)(2)</div>
          </td>
          <td style="width: 16%; vertical-align: bottom; border-width: 2px; border-style: solid; border-color: rgb(0, 0, 0);">
            <div style="text-align: center; text-indent: -0.1pt; margin-right: 8.1pt; margin-left: 9.15pt; color: #000000; font-family: 'Times New Roman';">Proposed Maximum </div>
            <div style="text-align: center; text-indent: -0.1pt; margin-right: 8.1pt; margin-left: 9.15pt; color: #000000; font-family: 'Times New Roman';">Offering Price</div>
            <div style="text-align: center; text-indent: -0.1pt; margin-right: 8.1pt; margin-left: 9.15pt; color: #000000; font-family: 'Times New Roman';"> Per Unit (3)</div>
          </td>
          <td style="width: 16%; vertical-align: bottom; border-width: 2px; border-style: solid; border-color: rgb(0, 0, 0);">
            <div style="text-align: center; margin-right: 4.65pt; margin-left: 5.75pt; color: #000000; font-family: 'Times New Roman';">Maximum Aggregate </div>
            <div style="text-align: center; margin-right: 4.65pt; margin-left: 5.75pt; color: #000000; font-family: 'Times New Roman';">Offering Price (3)</div>
          </td>
          <td style="width: 9%; vertical-align: bottom; border-width: 2px; border-style: solid; border-color: rgb(0, 0, 0);">
            <div style="text-align: center; margin-right: 5.55pt; margin-left: 6.4pt; color: #000000; font-family: 'Times New Roman';">Fee Rate</div>
          </td>
          <td style="width: 15%; vertical-align: bottom; border-width: 2px; border-style: solid; border-color: rgb(0, 0, 0);">
            <div style="text-align: center; text-indent: -0.15pt; margin-right: 4.65pt; margin-left: 5.8pt; color: #000000; font-family: 'Times New Roman';">Amount of</div>
            <div style="text-align: center; text-indent: -0.15pt; margin-right: 4.65pt; margin-left: 5.8pt; color: #000000; font-family: 'Times New Roman';">Registration Fee (4)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 8%; vertical-align: top; border-width: 2px; border-style: solid; border-color: rgb(0, 0, 0);">
            <div style="text-align: center; margin-left: 0.9pt; color: #000000; font-family: 'Times New Roman';">Equity</div>
          </td>
          <td style="width: 12%; vertical-align: top; border-width: 2px; border-style: solid; border-color: rgb(0, 0, 0);">
            <div style="text-align: center; margin-left: 0.8pt; color: #000000; font-family: 'Times New Roman';">Class A Common Stock, par value $0.01 per share (&#8220;Common Stock&#8221;)</div>
          </td>
          <td style="width: 12%; vertical-align: top; border-width: 2px; border-style: solid; border-color: rgb(0, 0, 0);">
            <div style="text-align: center; margin-left: 0.9pt; color: #000000; font-family: 'Times New Roman';">Other</div>
          </td>
          <td style="width: 12.06%; vertical-align: top; border-left: #000000 2px solid; border-right: #000000 2px solid; border-top: #000000 2px solid; border-bottom: #000000 2px solid;">
            <div style="text-align: center; margin-left: 0.65pt; color: #000000; font-family: 'Times New Roman';">20,000,000</div>
          </td>
          <td style="width: 16%; vertical-align: top; border-width: 2px; border-style: solid; border-color: rgb(0, 0, 0);">
            <div style="text-align: center; margin-left: 0.9pt; color: #000000; font-family: 'Times New Roman';">$36.67</div>
          </td>
          <td style="width: 16%; vertical-align: top; border-width: 2px; border-style: solid; border-color: rgb(0, 0, 0);">
            <div style="text-align: center; margin-right: 22.3pt; color: #000000; font-family: 'Times New Roman';">$733,400,000.00</div>
          </td>
          <td style="width: 9%; vertical-align: top; border-width: 2px; border-style: solid; border-color: rgb(0, 0, 0);">
            <div style="text-align: center; margin-left: 0.8pt; color: #000000; font-family: 'Times New Roman';">$110.20 per $1,000,000</div>
          </td>
          <td style="width: 15%; vertical-align: top; border-width: 2px; border-style: solid; border-color: rgb(0, 0, 0);">
            <div style="text-align: center; margin-left: 0.9pt; color: #000000; font-family: 'Times New Roman';">$80,820.68</div>
          </td>
        </tr>
        <tr>
          <td colspan="4" style="vertical-align: top; border-width: 2px; border-style: solid; border-color: rgb(0, 0, 0);">
            <div style="text-align: right; color: #000000; font-family: 'Times New Roman';">Total Offering Amounts</div>
          </td>
          <td style="width: 16%; vertical-align: top; border-width: 2px; border-style: solid; border-color: rgb(0, 0, 0);">&#160;</td>
          <td style="width: 16%; vertical-align: top; border-width: 2px; border-style: solid; border-color: rgb(0, 0, 0);">
            <div style="text-align: center; margin-right: 22.35pt; color: #000000; font-family: 'Times New Roman';">$733,400,000.00</div>
          </td>
          <td style="width: 9%; vertical-align: top; border-width: 2px; border-style: solid; border-color: rgb(0, 0, 0);">&#160;</td>
          <td style="width: 15%; vertical-align: top; border-width: 2px; border-style: solid; border-color: rgb(0, 0, 0);">
            <div style="text-align: center; margin-left: 0.85pt; color: #000000; font-family: 'Times New Roman';">$80,820.68</div>
          </td>
        </tr>
        <tr>
          <td colspan="4" style="vertical-align: top; border-width: 2px; border-style: solid; border-color: rgb(0, 0, 0);">
            <div style="text-align: right; color: #000000; font-family: 'Times New Roman';">Total Fee Offsets</div>
          </td>
          <td style="width: 16%; vertical-align: top; border-width: 2px; border-style: solid; border-color: rgb(0, 0, 0);">&#160;</td>
          <td style="width: 16%; vertical-align: top; border-width: 2px; border-style: solid; border-color: rgb(0, 0, 0);">&#160;</td>
          <td style="width: 9%; vertical-align: top; border-width: 2px; border-style: solid; border-color: rgb(0, 0, 0);">&#160;</td>
          <td style="width: 15%; vertical-align: top; border-width: 2px; border-style: solid; border-color: rgb(0, 0, 0);">
            <div style="text-align: center; margin-left: 0.85pt; color: #000000; font-family: 'Times New Roman';">--</div>
          </td>
        </tr>
        <tr>
          <td colspan="4" style="vertical-align: top; border-width: 2px; border-style: solid; border-color: rgb(0, 0, 0);">
            <div style="text-align: right; color: #000000; font-family: 'Times New Roman';">Net Fee Due</div>
          </td>
          <td style="width: 16%; vertical-align: top; border-width: 2px; border-style: solid; border-color: rgb(0, 0, 0);">&#160;</td>
          <td style="width: 16%; vertical-align: top; border-width: 2px; border-style: solid; border-color: rgb(0, 0, 0);">&#160;</td>
          <td style="width: 9%; vertical-align: top; border-width: 2px; border-style: solid; border-color: rgb(0, 0, 0);">&#160;</td>
          <td style="width: 15%; vertical-align: top; border-width: 2px; border-style: solid; border-color: rgb(0, 0, 0);">
            <div style="text-align: center; margin-left: 0.85pt; color: #000000; font-family: 'Times New Roman';">$80,820.68</div>
          </td>
        </tr>

    </table>
    <div style="color: #000000; font-family: 'Times New Roman';">(1) This registration statement (this &#8220;Registration Statement&#8221;) is being filed with the Securities and Exchange Commission (the &#8220;Commission&#8221;) by Lazard Ltd (the &#8220;Registrant&#8221;) to register
      20,000,000 additional shares of Common Stock which may be issued under the Lazard Ltd 2018 Incentive Compensation Plan (as the same may be further amended from time to time, the &#8220;2018 Plan&#8221;).</div>
    <div style="color: #000000; font-family: 'Times New Roman';">(2) Pursuant to Rule 416(a) under the Securities Act of 1933, as amended (the &#8220;Securities Act&#8221;), this Registration Statement shall also cover any additional shares of Common Stock that may
      become issuable under the 2018 Plan pursuant to this Registration Statement by reason of any stock dividend, stock split, recapitalization or any other similar transaction effected without receipt of consideration which results in an increase in the
      number of the registrant&#8217;s outstanding shares of Common Stock.</div>
    <div style="color: #000000; font-family: 'Times New Roman';">(3) Estimated, solely for the purpose of calculating the registration fee, pursuant to Rules 457(c) and 457(h)(1) promulgated under the Securities Act, based on the average of the high and
      low sales prices for the Common Stock reported on the New York Stock Exchange on February 21, 2023.</div>
    <div style="color: #000000; font-family: 'Times New Roman';">(4) Determined in accordance with Section 6(b) of the Securities Act at a rate equal to $110.20 per $1,000,000 of the proposed maximum aggregate offering price.</div>
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