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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 QE0mk1Ru35CER3/IdY42SsMsZEjRlzITGbBx2ExDiTcYJOLRkPjGiFC9cWxEKkG4
 9nsADVoq+QPso1VmYJdliw==

<SEC-DOCUMENT>0001181431-05-029682.txt : 20050520
<SEC-HEADER>0001181431-05-029682.hdr.sgml : 20050520
<ACCEPTANCE-DATETIME>20050520200354
ACCESSION NUMBER:		0001181431-05-029682
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20050510
FILED AS OF DATE:		20050520
DATE AS OF CHANGE:		20050520

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Lazard Ltd
		CENTRAL INDEX KEY:			0001311370
		STANDARD INDUSTRIAL CLASSIFICATION:	FINANCE SERVICES [6199]
		IRS NUMBER:				980437848
		STATE OF INCORPORATION:			D0
		FISCAL YEAR END:			1231

	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

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Orsatelli Anthony
		CENTRAL INDEX KEY:			0001327736

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-32492
		FILM NUMBER:		05849566

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		212-632-2000

	MAIL ADDRESS:	
		STREET 1:		C/O LAZARD LTD
		STREET 2:		30 ROCKEFELLER PLAZA
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10020
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>rrd79283.xml
<DESCRIPTION>FORM 3
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2005-05-10</periodOfReport>

    <noSecuritiesOwned>1</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001311370</issuerCik>
        <issuerName>Lazard Ltd</issuerName>
        <issuerTradingSymbol>LAZ, LDZ</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001327736</rptOwnerCik>
            <rptOwnerName>Orsatelli Anthony</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O LAZARD LTD, 30 ROCKEFELLER PLAZA</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10020</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <remarks>No securities are beneficially owned.  Mr. Orsatelli is the Chief Executive Officer of IXIS Corporate and

 Investment Bank (&quot;IXIS&quot;), which acquired 2,000,000 shares of Class A Common Stock of Lazard Ltd in

connection with Lazard Ltd's initial public offering of its Class A Common Stock.  These shares

 generally may not be transferred for a period of 545 days from the date of purchase. In addition, IXIS

 acquired 6.625% equity security units of Lazard Ltd at that time.  Between 4,999,800 to 6,000,000

 shares of Class A Common Stock of Lazard Ltd underlie these equity security units. Mr. Orsatelli

disclaims beneficial ownership of all of these shares.



I hereby appoint Scott D. Hoffman, with full power of substitution and resubstitution, my true and lawful

attorney-in-fact to execute and file such documents and other information, including amendments and

exhibits thereto, as may be required to be filed, or which such attorney-in-fact may deem to be

desirable to be filed, pursuant to Section 13 and Section 16 of the Securities Exchange Act of 1934,

including, without limitation, Form 3s, Form 4s, and Form 5s, with the United States Securities and

Exchange Commission and, if necessary, foreign regulators, granting to such attorneys, and each of

them, full power and authority to do and perform each and every act and thing whatsoever that such

attorney may deem necessary, advisable or appropriate as I might or could do personally, hereby

ratifying and confirming all acts and things that such attorney or attorneys may do or cause to be done

by virtue of this power of attorney.  This appointment shall be effective until revoked by writing

delivered to the General Counsel of Lazard Ltd.</remarks>

    <ownerSignature>
        <signatureName>/s/ Anthony Orsatelli</signatureName>
        <signatureDate>2005-05-18</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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