Lazard
Reviewed · Nov 2026
independent adviser for comparison on the M&A table. Everything below is from the bank's own pages, its regulators or the league table publishers, numbered to the Sources page.
The facts
- Lazard, financial adviser to NextEra Energy, Inc. on its merger with Dominion Energy, Inc., was to receive a fee of $70 million, per the merger proxy filed in July 2026.109
- Lazard, financial adviser to Olin Corporation on its merger with Huntsman Corporation, was to receive a fee of $24 million, per the merger proxy filed in July 2026.110
- LSEG ranked Lazard twelfth in its table of global announced M&A for full-year 2025.79
- LSEG ranked Lazard 24th in its table of global investment banking fees in the Global Investment Banking Review for full-year 2025.80
What it publishes
| Desk | Item | Published | As read |
|---|---|---|---|
| m and a | fee schedule | No | |
| m and a | minimum investable assets | No | |
| m and a | eligibility criteria | No | |
| m and a | indicative fee range | No | |
| m and a | retainer terms | No |
The Secret Banker's view
Lazard publishes no fees, but LSEG's review for 2023 put its global investment banking fees and its M&A advisory fees at the same figure, $1,031.5 million. That reads as a firm that is all advice. NextEra Energy's merger with Dominion Energy carries a fee of $70 million for Lazard, per the proxy. The website describes the work and leaves the price to the filings.
Opinion, based on the facts above. Corrections through the contact page; a credible one gets a sourced fix within a week.
No firm named here has been consulted, and none should feel left out.