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Incentive Plans - Schedule of LFI and Other Similar Deferred Compensation Arrangements (Details) $ in Thousands | 12 Months Ended
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Dec. 31, 2024 USD ($)
Prepaid Compensation Asset |
Prepaid compensation asset, beginning balance | $ 115,972
Prepaid compensation asset, granted | 40,227
Prepaid compensation asset, settled | 0
Prepaid compensation asset, amortization and the impact of forfeitures | (104,056)
Prepaid compensation asset, change in fair value of underlying investments | 0
Prepaid compensation asset, other | (88)
Prepaid compensation asset, ending balance | $ 52,055
Lazard Fund Interest and Similar Deferred Compensation Arrangements |
Deferred Compensation Arrangement With Individual Excluding Share Based Payments And Postretirement Benefits [Line Items] |
Unrecognized compensation expense, period | 1 year 2 months 12 days
LFI and other similar deferred compensation arrangements |
Compensation Liability |
Derivative liability, beginning balance | $ 365,420
Derivative liability, granted | 40,227
Derivative liability, settled | (143,718)
Derivative liability, amortization and the impact of forfeitures | (3,647)
Derivative liability, change in fair value of underlying investments | 16,176
Derivative liability, other | (3,611)
Derivative liability, ending balance | $ 270,847

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