Strategic Advisory operating revenue was $261 million, 41% higher than the fourth quarter of 2011. This included a 40% increase in M&A and Other Advisory revenue compared to the prior-year period, due in part to a higher level of closings prior to year-end.Restructuring operating revenue was $48 million, 36% lower than the strong fourth quarter of 2011.
Lazard Ltd Reports Full-Year And Fourth-Quarter 2012 Results
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