<?xml version="1.0" encoding="us-ascii" standalone="yes"?>
<!-- DFS ActiveDisclosure(SM) XBRL Linkbase Document - http://www.dfsco.com/financial-services/ -->
<!-- Creation Date      : 2019-02-25T18:28:10.8690344+00:00 -->
<!-- Version            : 3.3.6989.14284 -->
<!-- Package ID         : 2ebeba6f26d94d69a9dac44789db926b -->
<!-- Copyright (c) 2019 Donnelley Financial, LLC. All Rights Reserved. -->
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  <labelLink xlink:role="http://www.xbrl.org/2003/role/link" xlink:type="extended">
    <loc xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_EntityCentralIndexKey" xlink:type="locator" xlink:label="dei_EntityCentralIndexKey" />
    <label xml:lang="en-US" xlink:label="dei_EntityCentralIndexKey_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Central Index Key</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCentralIndexKey" xlink:to="dei_EntityCentralIndexKey_lbl" />
    <loc xlink:href="lzd-20181231.xsd#lzd_DepositsWithBanksAndShortTermInvestments" xlink:type="locator" xlink:label="lzd_DepositsWithBanksAndShortTermInvestments" />
    <label xml:lang="en-US" xlink:label="lzd_DepositsWithBanksAndShortTermInvestments_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Represents deposits with banks and investments with a maturity of less than 90 days.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_DepositsWithBanksAndShortTermInvestments" xlink:to="lzd_DepositsWithBanksAndShortTermInvestments_lbl" />
    <loc xlink:href="lzd-20181231.xsd#lzd_DepositsAndOtherCustomerPayables" xlink:type="locator" xlink:label="lzd_DepositsAndOtherCustomerPayables" />
    <label xml:lang="en-US" xlink:label="lzd_DepositsAndOtherCustomerPayables_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Deposits and other customer payables principally related to customer-related interest-bearing time and demand deposits, short-term inter-bank borrowing with registered banks, amounts due on collateralized borrowing activities and other related party payables.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_DepositsAndOtherCustomerPayables" xlink:to="lzd_DepositsAndOtherCustomerPayables_lbl" />
    <loc xlink:href="lzd-20181231.xsd#lzd_OccupancyAndEquipmentExpense" xlink:type="locator" xlink:label="lzd_OccupancyAndEquipmentExpense" />
    <label xml:lang="en-US" xlink:label="lzd_OccupancyAndEquipmentExpense_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Occupancy and equipment expense.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_OccupancyAndEquipmentExpense" xlink:to="lzd_OccupancyAndEquipmentExpense_lbl" />
    <loc xlink:href="lzd-20181231.xsd#lzd_TechnologyAndInformationServicesExpense" xlink:type="locator" xlink:label="lzd_TechnologyAndInformationServicesExpense" />
    <label xml:lang="en-US" xlink:label="lzd_TechnologyAndInformationServicesExpense_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Technology and information services expense.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_TechnologyAndInformationServicesExpense" xlink:to="lzd_TechnologyAndInformationServicesExpense_lbl" />
    <loc xlink:href="lzd-20181231.xsd#lzd_FundAdministrationAndOutsourcedServicesExpense" xlink:type="locator" xlink:label="lzd_FundAdministrationAndOutsourcedServicesExpense" />
    <label xml:lang="en-US" xlink:label="lzd_FundAdministrationAndOutsourcedServicesExpense_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Fund administration and outsourced services expense.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_FundAdministrationAndOutsourcedServicesExpense" xlink:to="lzd_FundAdministrationAndOutsourcedServicesExpense_lbl" />
    <loc xlink:href="lzd-20181231.xsd#lzd_AmortizationAndOtherAcquisitionRelatedCostsBenefits" xlink:type="locator" xlink:label="lzd_AmortizationAndOtherAcquisitionRelatedCostsBenefits" />
    <label xml:lang="en-US" xlink:label="lzd_AmortizationAndOtherAcquisitionRelatedCostsBenefits_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Amount of amortization and other acquisition related costs (benefits).</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_AmortizationAndOtherAcquisitionRelatedCostsBenefits" xlink:to="lzd_AmortizationAndOtherAcquisitionRelatedCostsBenefits_lbl" />
    <loc xlink:href="lzd-20181231.xsd#lzd_AmortizationOfDeferredExpensesAndSharebasedIncentiveCompensation" xlink:type="locator" xlink:label="lzd_AmortizationOfDeferredExpensesAndSharebasedIncentiveCompensation" />
    <label xml:lang="en-US" xlink:label="lzd_AmortizationOfDeferredExpensesAndSharebasedIncentiveCompensation_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Amortization of deferred expenses and share- based compensation.</label>
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    <loc xlink:href="lzd-20181231.xsd#lzd_GainOrLossOnAcquisitionOfPortionOfBusinessAlreadyOwned" xlink:type="locator" xlink:label="lzd_GainOrLossOnAcquisitionOfPortionOfBusinessAlreadyOwned" />
    <label xml:lang="en-US" xlink:label="lzd_GainOrLossOnAcquisitionOfPortionOfBusinessAlreadyOwned_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Amount of gain (loss) on acquisition of portion of business already owned.</label>
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    <loc xlink:href="lzd-20181231.xsd#lzd_DividendsReceivedFromSubsidiaries" xlink:type="locator" xlink:label="lzd_DividendsReceivedFromSubsidiaries" />
    <label xml:lang="en-US" xlink:label="lzd_DividendsReceivedFromSubsidiaries_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Dividends Received From Subsidiaries</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_DividendsReceivedFromSubsidiaries" xlink:to="lzd_DividendsReceivedFromSubsidiaries_lbl" />
    <loc xlink:href="lzd-20181231.xsd#lzd_IncreaseDecreaseInDueToAndFromSubsidiaries" xlink:type="locator" xlink:label="lzd_IncreaseDecreaseInDueToAndFromSubsidiaries" />
    <label xml:lang="en-US" xlink:label="lzd_IncreaseDecreaseInDueToAndFromSubsidiaries_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">The aggregate increase (decrease) during the reporting period in the amount due to and from subsidiaries.</label>
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    <loc xlink:href="lzd-20181231.xsd#lzd_CapitalContributionsToSubsidiaries" xlink:type="locator" xlink:label="lzd_CapitalContributionsToSubsidiaries" />
    <label xml:lang="en-US" xlink:label="lzd_CapitalContributionsToSubsidiaries_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Capital Contributions To Subsidiaries</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_CapitalContributionsToSubsidiaries" xlink:to="lzd_CapitalContributionsToSubsidiaries_lbl" />
    <loc xlink:href="lzd-20181231.xsd#lzd_ProceedsFromCustomerDeposits" xlink:type="locator" xlink:label="lzd_ProceedsFromCustomerDeposits" />
    <label xml:lang="en-US" xlink:label="lzd_ProceedsFromCustomerDeposits_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Proceeds relating to customer deposits.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_ProceedsFromCustomerDeposits" xlink:to="lzd_ProceedsFromCustomerDeposits_lbl" />
    <loc xlink:href="lzd-20181231.xsd#lzd_ProceedsFromOtherFinancingActivities" xlink:type="locator" xlink:label="lzd_ProceedsFromOtherFinancingActivities" />
    <label xml:lang="en-US" xlink:label="lzd_ProceedsFromOtherFinancingActivities_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">The cash inflow from other financing activities. This element is used when there is not a more specific and appropriate element in the taxonomy.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_ProceedsFromOtherFinancingActivities" xlink:to="lzd_ProceedsFromOtherFinancingActivities_lbl" />
    <loc xlink:href="lzd-20181231.xsd#lzd_SettlementOfShareBasedIncentiveCompensation" xlink:type="locator" xlink:label="lzd_SettlementOfShareBasedIncentiveCompensation" />
    <label xml:lang="en-US" xlink:label="lzd_SettlementOfShareBasedIncentiveCompensation_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">The cash outflow from the settlement of share-based incentive compensation.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_SettlementOfShareBasedIncentiveCompensation" xlink:to="lzd_SettlementOfShareBasedIncentiveCompensation_lbl" />
    <loc xlink:href="lzd-20181231.xsd#lzd_PaymentsForOtherFinancingActivities" xlink:type="locator" xlink:label="lzd_PaymentsForOtherFinancingActivities" />
    <label xml:lang="en-US" xlink:label="lzd_PaymentsForOtherFinancingActivities_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">The cash outflow from other financing activities. This element is used when there is not a more specific and appropriate element in the taxonomy.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_PaymentsForOtherFinancingActivities" xlink:to="lzd_PaymentsForOtherFinancingActivities_lbl" />
    <loc xlink:href="lzd-20181231.xsd#lzd_DocumentAndEntityInformationAbstract" xlink:type="locator" xlink:label="lzd_DocumentAndEntityInformationAbstract" />
    <label xml:lang="en-US" xlink:label="lzd_DocumentAndEntityInformationAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Document and entity information abstract.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_DocumentAndEntityInformationAbstract" xlink:to="lzd_DocumentAndEntityInformationAbstract_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_DocumentAndEntityInformationAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Document And Entity Information [Abstract]</label>
    <loc xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_DocumentInformationTable" xlink:type="locator" xlink:label="dei_DocumentInformationTable" />
    <label xml:lang="en-US" xlink:label="dei_DocumentInformationTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Information [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentInformationTable" xlink:to="dei_DocumentInformationTable_lbl" />
    <label xml:lang="en-US" xlink:label="dei_DocumentInformationTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Document Information [Table]</label>
    <loc xlink:href="http://xbrl.fasb.org/srt/2018/elts/srt-2018-01-31.xsd#srt_ConsolidatedEntitiesAxis" xlink:type="locator" xlink:label="srt_ConsolidatedEntitiesAxis" />
    <label xml:lang="en-US" xlink:label="srt_ConsolidatedEntitiesAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Consolidated Entities</label>
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    <label xml:lang="en-US" xlink:label="srt_ConsolidatedEntitiesAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Consolidated Entities [Axis]</label>
    <loc xlink:href="http://xbrl.fasb.org/srt/2018/elts/srt-2018-01-31.xsd#srt_ConsolidatedEntitiesDomain" xlink:type="locator" xlink:label="srt_ConsolidatedEntitiesDomain" />
    <label xml:lang="en-US" xlink:label="srt_ConsolidatedEntitiesDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Consolidated Entities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_ConsolidatedEntitiesDomain" xlink:to="srt_ConsolidatedEntitiesDomain_lbl" />
    <label xml:lang="en-US" xlink:label="srt_ConsolidatedEntitiesDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Consolidated Entities [Domain]</label>
    <loc xlink:href="http://xbrl.fasb.org/srt/2018/elts/srt-2018-01-31.xsd#srt_SubsidiariesMember" xlink:type="locator" xlink:label="srt_SubsidiariesMember" />
    <label xml:lang="en-US" xlink:label="srt_SubsidiariesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Subsidiaries of Lazard Ltd [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_SubsidiariesMember" xlink:to="srt_SubsidiariesMember_lbl" />
    <label xml:lang="en-US" xlink:label="srt_SubsidiariesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Subsidiaries [Member]</label>
    <loc xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_DocumentInformationLineItems" xlink:type="locator" xlink:label="dei_DocumentInformationLineItems" />
    <label xml:lang="en-US" xlink:label="dei_DocumentInformationLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Information [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentInformationLineItems" xlink:to="dei_DocumentInformationLineItems_lbl" />
    <label xml:lang="en-US" xlink:label="dei_DocumentInformationLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Document Information [Line Items]</label>
    <loc xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_DocumentType" xlink:type="locator" xlink:label="dei_DocumentType" />
    <label xml:lang="en-US" xlink:label="dei_DocumentType_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Type</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentType" xlink:to="dei_DocumentType_lbl" />
    <label xml:lang="en-US" xlink:label="dei_DocumentType_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Document Type</label>
    <loc xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_AmendmentFlag" xlink:type="locator" xlink:label="dei_AmendmentFlag" />
    <label xml:lang="en-US" xlink:label="dei_AmendmentFlag_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amendment Flag</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AmendmentFlag" xlink:to="dei_AmendmentFlag_lbl" />
    <label xml:lang="en-US" xlink:label="dei_AmendmentFlag_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Amendment Flag</label>
    <loc xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_DocumentPeriodEndDate" xlink:type="locator" xlink:label="dei_DocumentPeriodEndDate" />
    <label xml:lang="en-US" xlink:label="dei_DocumentPeriodEndDate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Period End Date</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentPeriodEndDate" xlink:to="dei_DocumentPeriodEndDate_lbl" />
    <label xml:lang="en-US" xlink:label="dei_DocumentPeriodEndDate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Document Period End Date</label>
    <loc xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_DocumentFiscalYearFocus" xlink:type="locator" xlink:label="dei_DocumentFiscalYearFocus" />
    <label xml:lang="en-US" xlink:label="dei_DocumentFiscalYearFocus_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Fiscal Year Focus</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentFiscalYearFocus" xlink:to="dei_DocumentFiscalYearFocus_lbl" />
    <label xml:lang="en-US" xlink:label="dei_DocumentFiscalYearFocus_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Document Fiscal Year Focus</label>
    <loc xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_DocumentFiscalPeriodFocus" xlink:type="locator" xlink:label="dei_DocumentFiscalPeriodFocus" />
    <label xml:lang="en-US" xlink:label="dei_DocumentFiscalPeriodFocus_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Fiscal Period Focus</label>
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    <label xml:lang="en-US" xlink:label="dei_DocumentFiscalPeriodFocus_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Document Fiscal Period Focus</label>
    <loc xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_TradingSymbol" xlink:type="locator" xlink:label="dei_TradingSymbol" />
    <label xml:lang="en-US" xlink:label="dei_TradingSymbol_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Trading Symbol</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_TradingSymbol" xlink:to="dei_TradingSymbol_lbl" />
    <label xml:lang="en-US" xlink:label="dei_TradingSymbol_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Trading Symbol</label>
    <loc xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_EntityRegistrantName" xlink:type="locator" xlink:label="dei_EntityRegistrantName" />
    <label xml:lang="en-US" xlink:label="dei_EntityRegistrantName_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Registrant Name</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityRegistrantName" xlink:to="dei_EntityRegistrantName_lbl" />
    <label xml:lang="en-US" xlink:label="dei_EntityRegistrantName_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity Registrant Name</label>
    <label xml:lang="en-US" xlink:label="dei_EntityCentralIndexKey_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity Central Index Key</label>
    <loc xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_CurrentFiscalYearEndDate" xlink:type="locator" xlink:label="dei_CurrentFiscalYearEndDate" />
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    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest" xlink:type="locator" xlink:label="us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest" />
    <label xml:lang="en-US" xlink:label="us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">LESS - COMPREHENSIVE INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS</label>
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    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTax" xlink:type="locator" xlink:label="us-gaap_ComprehensiveIncomeNetOfTax" />
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ComprehensiveIncomeNetOfTax" xlink:to="us-gaap_ComprehensiveIncomeNetOfTax_lbl" />
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    <label xml:lang="en-US" xlink:label="us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBenefitPlanImprovementTaxEffect_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Tax benefit on prior service costs, employee benefit plans</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBenefitPlanImprovementTaxEffect" xlink:to="us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBenefitPlanImprovementTaxEffect_lbl" />
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    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax" xlink:type="locator" xlink:label="us-gaap_OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax" />
    <label xml:lang="en-US" xlink:label="us-gaap_OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Tax expense (benefit) on actuarial gain (loss), employee benefit plans</label>
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    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax" xlink:type="locator" xlink:label="us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax" />
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    <label xml:lang="en-US" xlink:label="us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Other Comprehensive Income Loss Reclassification Adjustment From A O C I Pension And Other Postretirement Benefit Plans Tax</label>
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_PaymentsForFinancingActivitiesAbstract" xlink:to="lzd_PaymentsForFinancingActivitiesAbstract_lbl" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_StatementOfCashFlowsAbstract" xlink:type="locator" xlink:label="us-gaap_StatementOfCashFlowsAbstract" />
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    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:type="locator" xlink:label="us-gaap_AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" />
    <label xml:lang="en-US" xlink:label="us-gaap_AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Adjustments to reconcile net income to net cash provided by (used in) operating activities:</label>
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    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DepreciationDepletionAndAmortization" xlink:type="locator" xlink:label="us-gaap_DepreciationDepletionAndAmortization" />
    <label xml:lang="en-US" xlink:label="us-gaap_DepreciationDepletionAndAmortization_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Depreciation and amortization of property</label>
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    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DeferredIncomeTaxExpenseBenefit" xlink:type="locator" xlink:label="us-gaap_DeferredIncomeTaxExpenseBenefit" />
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GainsLossesOnExtinguishmentOfDebt" xlink:to="us-gaap_GainsLossesOnExtinguishmentOfDebt_lbl" />
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    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IncreaseDecreaseInFinancialInstrumentsUsedInOperatingActivities" xlink:type="locator" xlink:label="us-gaap_IncreaseDecreaseInFinancialInstrumentsUsedInOperatingActivities" />
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    <label xml:lang="en-US" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">CASH FLOWS FROM FINANCING ACTIVITIES:</label>
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    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ProceedsFromIssuanceOfSeniorLongTermDebt" xlink:type="locator" xlink:label="us-gaap_ProceedsFromIssuanceOfSeniorLongTermDebt" />
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    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_RepaymentsOfSeniorDebt" xlink:type="locator" xlink:label="us-gaap_RepaymentsOfSeniorDebt" />
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    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations" xlink:type="locator" xlink:label="us-gaap_EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations" />
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    <loc xlink:href="lzd-20181231.xsd#lzd_BusinessAcquisitionsAndRelatedEquityTransactionsAbstract" xlink:type="locator" xlink:label="lzd_BusinessAcquisitionsAndRelatedEquityTransactionsAbstract" />
    <label xml:lang="en-US" xlink:label="lzd_BusinessAcquisitionsAndRelatedEquityTransactionsAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Business acquisitions and related equity transactions.</label>
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    <label xml:lang="en-US" xlink:label="lzd_MembersEquityMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Members equity.</label>
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    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ScheduleOfRevenuesFromExternalCustomersAndLongLivedAssetsByGeographicalAreasTableTextBlock" xlink:type="locator" xlink:label="us-gaap_ScheduleOfRevenuesFromExternalCustomersAndLongLivedAssetsByGeographicalAreasTableTextBlock" />
    <label xml:lang="en-US" xlink:label="us-gaap_ScheduleOfRevenuesFromExternalCustomersAndLongLivedAssetsByGeographicalAreasTableTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of Operating Income, Revenue and Identifiable Assets by Geographical Areas</label>
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    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ScheduleOfQuarterlyFinancialInformationTableTextBlock" xlink:type="locator" xlink:label="us-gaap_ScheduleOfQuarterlyFinancialInformationTableTextBlock" />
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    <label xml:lang="en-US" xlink:label="us-gaap_ScheduleOfQuarterlyFinancialInformationTableTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Schedule Of Quarterly Financial Information Table [Text Block]</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_GoverningOperatingAgreementDate" xlink:type="locator" xlink:label="lzd_GoverningOperatingAgreementDate" />
    <label xml:lang="en-US" xlink:label="lzd_GoverningOperatingAgreementDate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">The enactment date of the governing operating agreement.</label>
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    <loc xlink:href="lzd-20181231.xsd#lzd_OrganizationAndBasisOfPresentationLineItems" xlink:type="locator" xlink:label="lzd_OrganizationAndBasisOfPresentationLineItems" />
    <label xml:lang="en-US" xlink:label="lzd_OrganizationAndBasisOfPresentationLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Organization and basis of presentation.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_OrganizationAndBasisOfPresentationLineItems" xlink:to="lzd_OrganizationAndBasisOfPresentationLineItems_lbl" />
    <loc xlink:href="lzd-20181231.xsd#lzd_OrganizationAndBasisOfPresentationTable" xlink:type="locator" xlink:label="lzd_OrganizationAndBasisOfPresentationTable" />
    <label xml:lang="en-US" xlink:label="lzd_OrganizationAndBasisOfPresentationTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Organization and basis of presentation.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_OrganizationAndBasisOfPresentationTable" xlink:to="lzd_OrganizationAndBasisOfPresentationTable_lbl" />
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    <label xml:lang="en-US" xlink:label="lzd_OrganizationAndBasisOfPresentationTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Organization And Basis Of Presentation [Table]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_SubsequentEventTypeAxis" xlink:type="locator" xlink:label="us-gaap_SubsequentEventTypeAxis" />
    <label xml:lang="en-US" xlink:label="us-gaap_SubsequentEventTypeAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Subsequent Event Type</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SubsequentEventTypeAxis" xlink:to="us-gaap_SubsequentEventTypeAxis_lbl" />
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    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_SubsequentEventTypeDomain" xlink:type="locator" xlink:label="us-gaap_SubsequentEventTypeDomain" />
    <label xml:lang="en-US" xlink:label="us-gaap_SubsequentEventTypeDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Subsequent Event Type</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SubsequentEventTypeDomain" xlink:to="us-gaap_SubsequentEventTypeDomain_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_SubsequentEventTypeDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Event Type [Domain]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_SubsequentEventMember" xlink:type="locator" xlink:label="us-gaap_SubsequentEventMember" />
    <label xml:lang="en-US" xlink:label="us-gaap_SubsequentEventMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Subsequent Event [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SubsequentEventMember" xlink:to="us-gaap_SubsequentEventMember_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_SubsequentEventMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Event [Member]</label>
    <loc xlink:href="http://xbrl.fasb.org/srt/2018/elts/srt-2018-01-31.xsd#srt_OwnershipAxis" xlink:type="locator" xlink:label="srt_OwnershipAxis" />
    <label xml:lang="en-US" xlink:label="srt_OwnershipAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Ownership</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_OwnershipAxis" xlink:to="srt_OwnershipAxis_lbl" />
    <label xml:lang="en-US" xlink:label="srt_OwnershipAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Ownership [Axis]</label>
    <loc xlink:href="http://xbrl.fasb.org/srt/2018/elts/srt-2018-01-31.xsd#srt_OwnershipDomain" xlink:type="locator" xlink:label="srt_OwnershipDomain" />
    <label xml:lang="en-US" xlink:label="srt_OwnershipDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Ownership</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_OwnershipDomain" xlink:to="srt_OwnershipDomain_lbl" />
    <label xml:lang="en-US" xlink:label="srt_OwnershipDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Ownership [Domain]</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_LazardGroupLlcMember" xlink:type="locator" xlink:label="lzd_LazardGroupLlcMember" />
    <label xml:lang="en-US" xlink:label="lzd_LazardGroupLlcMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Lazard Group LLC.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_LazardGroupLlcMember" xlink:to="lzd_LazardGroupLlcMember_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_LazardGroupLlcMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Lazard Group LLC [Member]</label>
    <label xml:lang="en-US" xlink:label="lzd_LazardGroupLlcMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Lazard Group Llc [Member]</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_LazardLtdMember" xlink:type="locator" xlink:label="lzd_LazardLtdMember" />
    <label xml:lang="en-US" xlink:label="lzd_LazardLtdMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Lazard Ltd.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_LazardLtdMember" xlink:to="lzd_LazardLtdMember_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_LazardLtdMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Lazard Ltd [Member]</label>
    <label xml:lang="en-US" xlink:label="lzd_LazardLtdMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Lazard Ltd [Member]</label>
    <label xml:lang="en-US" xlink:label="lzd_OrganizationAndBasisOfPresentationLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Organization And Basis Of Presentation [Line Items]</label>
    <label xml:lang="en-US" xlink:label="lzd_OrganizationAndBasisOfPresentationLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Organization And Basis Of Presentation [Line Items]</label>
    <label xml:lang="en-US" xlink:label="lzd_GoverningOperatingAgreementDate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Governing operating agreement, date</label>
    <label xml:lang="en-US" xlink:label="lzd_GoverningOperatingAgreementDate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Governing Operating Agreement Date</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_MinorityInterestOwnershipPercentageByParent" xlink:type="locator" xlink:label="us-gaap_MinorityInterestOwnershipPercentageByParent" />
    <label xml:lang="en-US" xlink:label="us-gaap_MinorityInterestOwnershipPercentageByParent_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Percentage of common membership interests held</label>
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    <label xml:lang="en-US" xlink:label="us-gaap_MinorityInterestOwnershipPercentageByParent_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Minority Interest Ownership Percentage By Parent</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_NumberOfOperatingSegments" xlink:type="locator" xlink:label="us-gaap_NumberOfOperatingSegments" />
    <label xml:lang="en-US" xlink:label="us-gaap_NumberOfOperatingSegments_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of business segments</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NumberOfOperatingSegments" xlink:to="us-gaap_NumberOfOperatingSegments_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_NumberOfOperatingSegments_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Number Of Operating Segments</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_ForeignCurrencyRemeasurementGainsLossesNetOfHedgeTransactions" xlink:type="locator" xlink:label="lzd_ForeignCurrencyRemeasurementGainsLossesNetOfHedgeTransactions" />
    <label xml:lang="en-US" xlink:label="lzd_ForeignCurrencyRemeasurementGainsLossesNetOfHedgeTransactions_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Foreign currency remeasurement gains losses net of hedge transactions.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_ForeignCurrencyRemeasurementGainsLossesNetOfHedgeTransactions" xlink:to="lzd_ForeignCurrencyRemeasurementGainsLossesNetOfHedgeTransactions_lbl" />
    <loc xlink:href="lzd-20181231.xsd#lzd_SignificantAccountingPoliciesLineItems" xlink:type="locator" xlink:label="lzd_SignificantAccountingPoliciesLineItems" />
    <label xml:lang="en-US" xlink:label="lzd_SignificantAccountingPoliciesLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Significant accounting policies.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_SignificantAccountingPoliciesLineItems" xlink:to="lzd_SignificantAccountingPoliciesLineItems_lbl" />
    <loc xlink:href="lzd-20181231.xsd#lzd_SignificantAccountingPoliciesTable" xlink:type="locator" xlink:label="lzd_SignificantAccountingPoliciesTable" />
    <label xml:lang="en-US" xlink:label="lzd_SignificantAccountingPoliciesTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Significant Accounting Policies [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_SignificantAccountingPoliciesTable" xlink:to="lzd_SignificantAccountingPoliciesTable_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_SignificantAccountingPoliciesTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Significant Accounting Policies [Table]</label>
    <label xml:lang="en-US" xlink:label="lzd_SignificantAccountingPoliciesTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Significant Accounting Policies [Table]</label>
    <loc xlink:href="http://xbrl.fasb.org/srt/2018/elts/srt-2018-01-31.xsd#srt_ConsolidationItemsAxis" xlink:type="locator" xlink:label="srt_ConsolidationItemsAxis" />
    <label xml:lang="en-US" xlink:label="srt_ConsolidationItemsAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Consolidation Items</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_ConsolidationItemsAxis" xlink:to="srt_ConsolidationItemsAxis_lbl" />
    <label xml:lang="en-US" xlink:label="srt_ConsolidationItemsAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Consolidation Items [Axis]</label>
    <loc xlink:href="http://xbrl.fasb.org/srt/2018/elts/srt-2018-01-31.xsd#srt_ConsolidationItemsDomain" xlink:type="locator" xlink:label="srt_ConsolidationItemsDomain" />
    <label xml:lang="en-US" xlink:label="srt_ConsolidationItemsDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Consolidation Items</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_ConsolidationItemsDomain" xlink:to="srt_ConsolidationItemsDomain_lbl" />
    <label xml:lang="en-US" xlink:label="srt_ConsolidationItemsDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Consolidation Items [Domain]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OperatingSegmentsMember" xlink:type="locator" xlink:label="us-gaap_OperatingSegmentsMember" />
    <label xml:lang="en-US" xlink:label="us-gaap_OperatingSegmentsMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Operating Segments [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingSegmentsMember" xlink:to="us-gaap_OperatingSegmentsMember_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_OperatingSegmentsMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Operating Segments [Member]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:type="locator" xlink:label="us-gaap_StatementBusinessSegmentsAxis" />
    <label xml:lang="en-US" xlink:label="us-gaap_StatementBusinessSegmentsAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Segments</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementBusinessSegmentsAxis" xlink:to="us-gaap_StatementBusinessSegmentsAxis_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_StatementBusinessSegmentsAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Statement Business Segments [Axis]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_SegmentDomain" xlink:type="locator" xlink:label="us-gaap_SegmentDomain" />
    <label xml:lang="en-US" xlink:label="us-gaap_SegmentDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Segments</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SegmentDomain" xlink:to="us-gaap_SegmentDomain_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_SegmentDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Segment [Domain]</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_FinancialAdvisorySegmentMember" xlink:type="locator" xlink:label="lzd_FinancialAdvisorySegmentMember" />
    <label xml:lang="en-US" xlink:label="lzd_FinancialAdvisorySegmentMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Financial advisory segment.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_FinancialAdvisorySegmentMember" xlink:to="lzd_FinancialAdvisorySegmentMember_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_FinancialAdvisorySegmentMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Financial Advisory Segment [Member]</label>
    <label xml:lang="en-US" xlink:label="lzd_FinancialAdvisorySegmentMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Financial Advisory Segment [Member]</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_AssetManagementSegmentMember" xlink:type="locator" xlink:label="lzd_AssetManagementSegmentMember" />
    <label xml:lang="en-US" xlink:label="lzd_AssetManagementSegmentMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Asset management segment.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_AssetManagementSegmentMember" xlink:to="lzd_AssetManagementSegmentMember_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_AssetManagementSegmentMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Asset Management Segment [Member]</label>
    <label xml:lang="en-US" xlink:label="lzd_AssetManagementSegmentMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Asset Management Segment [Member]</label>
    <label xml:lang="en-US" xlink:label="lzd_SignificantAccountingPoliciesLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Significant Accounting Policies [Line Items]</label>
    <label xml:lang="en-US" xlink:label="lzd_SignificantAccountingPoliciesLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Significant Accounting Policies [Line Items]</label>
    <label xml:lang="en-US" xlink:label="lzd_ForeignCurrencyRemeasurementGainsLossesNetOfHedgeTransactions_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Foreign currency remeasurement gains (losses), net of hedge transactions</label>
    <label xml:lang="en-US" xlink:label="lzd_ForeignCurrencyRemeasurementGainsLossesNetOfHedgeTransactions_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Foreign Currency Remeasurement Gains Losses Net Of Hedge Transactions</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_FeesReceivableOutstandingPastDue" xlink:type="locator" xlink:label="lzd_FeesReceivableOutstandingPastDue" />
    <label xml:lang="en-US" xlink:label="lzd_FeesReceivableOutstandingPastDue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Fees receivable outstanding past due.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_FeesReceivableOutstandingPastDue" xlink:to="lzd_FeesReceivableOutstandingPastDue_lbl" />
    <loc xlink:href="lzd-20181231.xsd#lzd_ContractualPaymentTermDescription" xlink:type="locator" xlink:label="lzd_ContractualPaymentTermDescription" />
    <label xml:lang="en-US" xlink:label="lzd_ContractualPaymentTermDescription_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Contractual payment term description.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_ContractualPaymentTermDescription" xlink:to="lzd_ContractualPaymentTermDescription_lbl" />
    <loc xlink:href="lzd-20181231.xsd#lzd_PeriodPastDueForReceivablesAreReservedAsDoubtfulAccountsUnlessEvidenceExistsThatBalanceIsCollectible" xlink:type="locator" xlink:label="lzd_PeriodPastDueForReceivablesAreReservedAsDoubtfulAccountsUnlessEvidenceExistsThatBalanceIsCollectible" />
    <label xml:lang="en-US" xlink:label="lzd_PeriodPastDueForReceivablesAreReservedAsDoubtfulAccountsUnlessEvidenceExistsThatBalanceIsCollectible_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Period past due for receivables are reserved as doubtful accounts unless evidence exists that balance is collectible.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_PeriodPastDueForReceivablesAreReservedAsDoubtfulAccountsUnlessEvidenceExistsThatBalanceIsCollectible" xlink:to="lzd_PeriodPastDueForReceivablesAreReservedAsDoubtfulAccountsUnlessEvidenceExistsThatBalanceIsCollectible_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_FeesReceivableOutstandingPastDue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fees receivable outstanding past due</label>
    <label xml:lang="en-US" xlink:label="lzd_FeesReceivableOutstandingPastDue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Fees Receivable Outstanding Past Due</label>
    <label xml:lang="en-US" xlink:label="lzd_ContractualPaymentTermDescription_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Contractual payment term description relating to our interest-bearing financing receivables</label>
    <label xml:lang="en-US" xlink:label="lzd_ContractualPaymentTermDescription_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Contractual Payment Term Description</label>
    <label xml:lang="en-US" xlink:label="lzd_PeriodPastDueForReceivablesAreReservedAsDoubtfulAccountsUnlessEvidenceExistsThatBalanceIsCollectible_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Period receivables past due in excess of 180 days are fully provided unless there is evidence that the balance is collectible</label>
    <label xml:lang="en-US" xlink:label="lzd_PeriodPastDueForReceivablesAreReservedAsDoubtfulAccountsUnlessEvidenceExistsThatBalanceIsCollectible_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Period Past Due For Receivables Are Reserved As Doubtful Accounts Unless Evidence Exists That Balance Is Collectible</label>
    <label xml:lang="en-US" xlink:label="us-gaap_DepreciationDepletionAndAmortization_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Depreciation and amortization expense</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_DateOfAnnualReviewOfGoodwillForImpairment" xlink:type="locator" xlink:label="lzd_DateOfAnnualReviewOfGoodwillForImpairment" />
    <label xml:lang="en-US" xlink:label="lzd_DateOfAnnualReviewOfGoodwillForImpairment_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Date of annual review of goodwill for impairment.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_DateOfAnnualReviewOfGoodwillForImpairment" xlink:to="lzd_DateOfAnnualReviewOfGoodwillForImpairment_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_DateOfAnnualReviewOfGoodwillForImpairment_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Date of annual review of goodwill for impairment</label>
    <label xml:lang="en-US" xlink:label="lzd_DateOfAnnualReviewOfGoodwillForImpairment_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Date Of Annual Review Of Goodwill For Impairment</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_GoodwillImpairmentLoss" xlink:type="locator" xlink:label="us-gaap_GoodwillImpairmentLoss" />
    <label xml:lang="en-US" xlink:label="us-gaap_GoodwillImpairmentLoss_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Goodwill impairment loss</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GoodwillImpairmentLoss" xlink:to="us-gaap_GoodwillImpairmentLoss_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_GoodwillImpairmentLoss_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Goodwill Impairment Loss</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_AmountOfResearchAndOtherEligibleServicesReceivedThroughSoftDollarArrangements" xlink:type="locator" xlink:label="lzd_AmountOfResearchAndOtherEligibleServicesReceivedThroughSoftDollarArrangements" />
    <label xml:lang="en-US" xlink:label="lzd_AmountOfResearchAndOtherEligibleServicesReceivedThroughSoftDollarArrangements_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">The amount of research and other eligible services received through soft dollar arrangements.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_AmountOfResearchAndOtherEligibleServicesReceivedThroughSoftDollarArrangements" xlink:to="lzd_AmountOfResearchAndOtherEligibleServicesReceivedThroughSoftDollarArrangements_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_AmountOfResearchAndOtherEligibleServicesReceivedThroughSoftDollarArrangements_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amount of research and other eligible services received through soft dollar arrangements</label>
    <label xml:lang="en-US" xlink:label="lzd_AmountOfResearchAndOtherEligibleServicesReceivedThroughSoftDollarArrangements_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Amount Of Research And Other Eligible Services Received Through Soft Dollar Arrangements</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfChangeOnRevenueNet" xlink:type="locator" xlink:label="lzd_NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfChangeOnRevenueNet" />
    <label xml:lang="en-US" xlink:label="lzd_NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfChangeOnRevenueNet_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">New accounting pronouncement or change in accounting principle effect of change on revenue net.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfChangeOnRevenueNet" xlink:to="lzd_NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfChangeOnRevenueNet_lbl" />
    <loc xlink:href="lzd-20181231.xsd#lzd_NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfChangeOnOperatingExpenses" xlink:type="locator" xlink:label="lzd_NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfChangeOnOperatingExpenses" />
    <label xml:lang="en-US" xlink:label="lzd_NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfChangeOnOperatingExpenses_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">New accounting pronouncement or change in accounting principle effect of change on operating expenses.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfChangeOnOperatingExpenses" xlink:to="lzd_NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfChangeOnOperatingExpenses_lbl" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleTable" xlink:type="locator" xlink:label="us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleTable" />
    <label xml:lang="en-US" xlink:label="us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">New Accounting Pronouncements Or Change In Accounting Principle [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleTable" xlink:to="us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleTable_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">New Accounting Pronouncements Or Change In Accounting Principle [Table]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AdjustmentsForNewAccountingPronouncementsAxis" xlink:type="locator" xlink:label="us-gaap_AdjustmentsForNewAccountingPronouncementsAxis" />
    <label xml:lang="en-US" xlink:label="us-gaap_AdjustmentsForNewAccountingPronouncementsAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Adjustments for New Accounting Pronouncements</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AdjustmentsForNewAccountingPronouncementsAxis" xlink:to="us-gaap_AdjustmentsForNewAccountingPronouncementsAxis_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_AdjustmentsForNewAccountingPronouncementsAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Adjustments For New Accounting Pronouncements [Axis]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_TypeOfAdoptionMember" xlink:type="locator" xlink:label="us-gaap_TypeOfAdoptionMember" />
    <label xml:lang="en-US" xlink:label="us-gaap_TypeOfAdoptionMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Type of Adoption</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TypeOfAdoptionMember" xlink:to="us-gaap_TypeOfAdoptionMember_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_TypeOfAdoptionMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Type Of Adoption [Member]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AccountingStandardsUpdate201409Member" xlink:type="locator" xlink:label="us-gaap_AccountingStandardsUpdate201409Member" />
    <label xml:lang="en-US" xlink:label="us-gaap_AccountingStandardsUpdate201409Member_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accounting Standards Update 2014-09 [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccountingStandardsUpdate201409Member" xlink:to="us-gaap_AccountingStandardsUpdate201409Member_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_AccountingStandardsUpdate201409Member_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Accounting Standards Update201409 [Member]</label>
    <loc xlink:href="http://xbrl.fasb.org/srt/2018/elts/srt-2018-01-31.xsd#srt_RangeAxis" xlink:type="locator" xlink:label="srt_RangeAxis" />
    <label xml:lang="en-US" xlink:label="srt_RangeAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Range</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_RangeAxis" xlink:to="srt_RangeAxis_lbl" />
    <label xml:lang="en-US" xlink:label="srt_RangeAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Range [Axis]</label>
    <loc xlink:href="http://xbrl.fasb.org/srt/2018/elts/srt-2018-01-31.xsd#srt_RangeMember" xlink:type="locator" xlink:label="srt_RangeMember" />
    <label xml:lang="en-US" xlink:label="srt_RangeMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Range</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_RangeMember" xlink:to="srt_RangeMember_lbl" />
    <label xml:lang="en-US" xlink:label="srt_RangeMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Range [Member]</label>
    <loc xlink:href="http://xbrl.fasb.org/srt/2018/elts/srt-2018-01-31.xsd#srt_MinimumMember" xlink:type="locator" xlink:label="srt_MinimumMember" />
    <label xml:lang="en-US" xlink:label="srt_MinimumMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Minimum [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_MinimumMember" xlink:to="srt_MinimumMember_lbl" />
    <label xml:lang="en-US" xlink:label="srt_MinimumMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Minimum [Member]</label>
    <loc xlink:href="http://xbrl.fasb.org/srt/2018/elts/srt-2018-01-31.xsd#srt_MaximumMember" xlink:type="locator" xlink:label="srt_MaximumMember" />
    <label xml:lang="en-US" xlink:label="srt_MaximumMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Maximum [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_MaximumMember" xlink:to="srt_MaximumMember_lbl" />
    <label xml:lang="en-US" xlink:label="srt_MaximumMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Maximum [Member]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleLineItems" xlink:type="locator" xlink:label="us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleLineItems" />
    <label xml:lang="en-US" xlink:label="us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">New Accounting Pronouncements Or Change In Accounting Principle [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleLineItems" xlink:to="us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleLineItems_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">New Accounting Pronouncements Or Change In Accounting Principle [Line Items]</label>
    <label xml:lang="en-US" xlink:label="lzd_NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfChangeOnRevenueNet_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Effect of reclassification of amounts previously classified as an expense to revenue</label>
    <label xml:lang="en-US" xlink:label="lzd_NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfChangeOnRevenueNet_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">New Accounting Pronouncement Or Change In Accounting Principle Effect Of Change On Revenue Net</label>
    <label xml:lang="en-US" xlink:label="lzd_NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfChangeOnOperatingExpenses_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Effect of reclassification of costs from revenue to operating expenses</label>
    <label xml:lang="en-US" xlink:label="lzd_NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfChangeOnOperatingExpenses_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">New Accounting Pronouncement Or Change In Accounting Principle Effect Of Change On Operating Expenses</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate" xlink:type="locator" xlink:label="us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate" />
    <label xml:lang="en-US" xlink:label="us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">U.S. federal statutory income tax rate</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate" xlink:to="us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_OperatingLeaseRightOfUseAssetAndLiabilities" xlink:type="locator" xlink:label="lzd_OperatingLeaseRightOfUseAssetAndLiabilities" />
    <label xml:lang="en-US" xlink:label="lzd_OperatingLeaseRightOfUseAssetAndLiabilities_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Operating lease right of use asset and liabilities.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_OperatingLeaseRightOfUseAssetAndLiabilities" xlink:to="lzd_OperatingLeaseRightOfUseAssetAndLiabilities_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_OperatingLeaseRightOfUseAssetAndLiabilities_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Right-of-use asset and lease liabilities</label>
    <label xml:lang="en-US" xlink:label="lzd_OperatingLeaseRightOfUseAssetAndLiabilities_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Operating Lease Right Of Use Asset And Liabilities</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_RevenueRecognitionAbstract" xlink:type="locator" xlink:label="us-gaap_RevenueRecognitionAbstract" />
    <label xml:lang="en-US" xlink:label="us-gaap_RevenueRecognitionAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Revenue Recognition [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RevenueRecognitionAbstract" xlink:to="us-gaap_RevenueRecognitionAbstract_lbl" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DisaggregationOfRevenueTable" xlink:type="locator" xlink:label="us-gaap_DisaggregationOfRevenueTable" />
    <label xml:lang="en-US" xlink:label="us-gaap_DisaggregationOfRevenueTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Disaggregation Of Revenue [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DisaggregationOfRevenueTable" xlink:to="us-gaap_DisaggregationOfRevenueTable_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_DisaggregationOfRevenueTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Disaggregation Of Revenue [Table]</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_ManagementFeesAndOtherMember" xlink:type="locator" xlink:label="lzd_ManagementFeesAndOtherMember" />
    <label xml:lang="en-US" xlink:label="lzd_ManagementFeesAndOtherMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Management fees and other.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_ManagementFeesAndOtherMember" xlink:to="lzd_ManagementFeesAndOtherMember_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_ManagementFeesAndOtherMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Management Fees and Other [Member]</label>
    <label xml:lang="en-US" xlink:label="lzd_ManagementFeesAndOtherMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Management Fees And Other [Member]</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_IncentiveFeesMember" xlink:type="locator" xlink:label="lzd_IncentiveFeesMember" />
    <label xml:lang="en-US" xlink:label="lzd_IncentiveFeesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Incentive Fees.</label>
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    <label xml:lang="en-US" xlink:label="lzd_IncentiveFeesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Incentive Fees [Member]</label>
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    <label xml:lang="en-US" xlink:label="us-gaap_AllowanceForDoubtfulAccountsReceivable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Allowance for doubtful accounts receivables, Ending balance</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_ReceivableDeemedPastDueOrUncollectible" xlink:type="locator" xlink:label="lzd_ReceivableDeemedPastDueOrUncollectible" />
    <label xml:lang="en-US" xlink:label="lzd_ReceivableDeemedPastDueOrUncollectible_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Receivables that are deemed past due or uncollectible.</label>
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    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:type="locator" xlink:label="us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" />
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:to="us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_lbl" />
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    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis" xlink:type="locator" xlink:label="us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis" />
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis" xlink:to="us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Accounts Notes Loans And Financing Receivable By Receivable Type [Axis]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:type="locator" xlink:label="us-gaap_ReceivableTypeDomain" />
    <label xml:lang="en-US" xlink:label="us-gaap_ReceivableTypeDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Receivable</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ReceivableTypeDomain" xlink:to="us-gaap_ReceivableTypeDomain_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_ReceivableTypeDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Receivable Type [Domain]</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_InterestBearingReceivablesMember" xlink:type="locator" xlink:label="lzd_InterestBearingReceivablesMember" />
    <label xml:lang="en-US" xlink:label="lzd_InterestBearingReceivablesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Interest bearing receivables.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_InterestBearingReceivablesMember" xlink:to="lzd_InterestBearingReceivablesMember_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_InterestBearingReceivablesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Interest-Bearing Receivables [Member]</label>
    <label xml:lang="en-US" xlink:label="lzd_InterestBearingReceivablesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Interest Bearing Receivables [Member]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FinanceReceivablesMember" xlink:type="locator" xlink:label="us-gaap_FinanceReceivablesMember" />
    <label xml:lang="en-US" xlink:label="us-gaap_FinanceReceivablesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Financing Receivables [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FinanceReceivablesMember" xlink:to="us-gaap_FinanceReceivablesMember_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_FinanceReceivablesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Finance Receivables [Member]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_RelatedPartyTransactionsByRelatedPartyAxis" xlink:type="locator" xlink:label="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis" />
    <label xml:lang="en-US" xlink:label="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Related Party</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis" xlink:to="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transactions By Related Party [Axis]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_RelatedPartyDomain" xlink:type="locator" xlink:label="us-gaap_RelatedPartyDomain" />
    <label xml:lang="en-US" xlink:label="us-gaap_RelatedPartyDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Related Party</label>
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    <label xml:lang="en-US" xlink:label="us-gaap_RelatedPartyDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Related Party [Domain]</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_LazardLtdSubsidiariesMember" xlink:type="locator" xlink:label="lzd_LazardLtdSubsidiariesMember" />
    <label xml:lang="en-US" xlink:label="lzd_LazardLtdSubsidiariesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Lazard Ltd subsidiaries.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_LazardLtdSubsidiariesMember" xlink:to="lzd_LazardLtdSubsidiariesMember_lbl" />
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    <label xml:lang="en-US" xlink:label="lzd_LazardLtdSubsidiariesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Lazard Ltd Subsidiaries [Member]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:type="locator" xlink:label="us-gaap_AccountsNotesAndLoansReceivableLineItems" />
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:to="us-gaap_AccountsNotesAndLoansReceivableLineItems_lbl" />
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    <label xml:lang="en-US" xlink:label="lzd_ReceivableDeemedPastDueOrUncollectible_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Receivables past due or deemed uncollectible</label>
    <label xml:lang="en-US" xlink:label="lzd_ReceivableDeemedPastDueOrUncollectible_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Receivable Deemed Past Due Or Uncollectible</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_InterestBearingFinancingFeeReceivables" xlink:type="locator" xlink:label="lzd_InterestBearingFinancingFeeReceivables" />
    <label xml:lang="en-US" xlink:label="lzd_InterestBearingFinancingFeeReceivables_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Interest-bearing financing fee receivables.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_InterestBearingFinancingFeeReceivables" xlink:to="lzd_InterestBearingFinancingFeeReceivables_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_InterestBearingFinancingFeeReceivables_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Interest-bearing financing fee receivables</label>
    <label xml:lang="en-US" xlink:label="lzd_InterestBearingFinancingFeeReceivables_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Interest Bearing Financing Fee Receivables</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_AggregateCarryingAmountNoninterestBearingTradeReceivables" xlink:type="locator" xlink:label="lzd_AggregateCarryingAmountNoninterestBearingTradeReceivables" />
    <label xml:lang="en-US" xlink:label="lzd_AggregateCarryingAmountNoninterestBearingTradeReceivables_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">The aggregate carrying amount of non-interest bearing trade receivables.</label>
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    <label xml:lang="en-US" xlink:label="lzd_AggregateCarryingAmountNoninterestBearingTradeReceivables_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Aggregate Carrying Amount Noninterest Bearing Trade Receivables</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ScheduleOfInvestmentsAbstract" xlink:type="locator" xlink:label="us-gaap_ScheduleOfInvestmentsAbstract" />
    <label xml:lang="en-US" xlink:label="us-gaap_ScheduleOfInvestmentsAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Schedule Of Investments [Abstract]</label>
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    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ScheduleOfInvestmentsTable" xlink:type="locator" xlink:label="us-gaap_ScheduleOfInvestmentsTable" />
    <label xml:lang="en-US" xlink:label="us-gaap_ScheduleOfInvestmentsTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule Of Investments [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfInvestmentsTable" xlink:to="us-gaap_ScheduleOfInvestmentsTable_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_ScheduleOfInvestmentsTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Schedule Of Investments [Table]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_InvestmentTypeAxis" xlink:type="locator" xlink:label="us-gaap_InvestmentTypeAxis" />
    <label xml:lang="en-US" xlink:label="us-gaap_InvestmentTypeAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment Type</label>
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    <label xml:lang="en-US" xlink:label="us-gaap_InvestmentTypeAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Investment Type [Axis]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:type="locator" xlink:label="us-gaap_InvestmentTypeCategorizationMember" />
    <label xml:lang="en-US" xlink:label="us-gaap_InvestmentTypeCategorizationMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investments</label>
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    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_InterestBearingDepositsMember" xlink:type="locator" xlink:label="us-gaap_InterestBearingDepositsMember" />
    <label xml:lang="en-US" xlink:label="us-gaap_InterestBearingDepositsMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Interest-bearing Deposits [Member]</label>
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    <label xml:lang="en-US" xlink:label="us-gaap_InterestBearingDepositsMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Interest Bearing Deposits [Member]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DebtSecuritiesMember" xlink:type="locator" xlink:label="us-gaap_DebtSecuritiesMember" />
    <label xml:lang="en-US" xlink:label="us-gaap_DebtSecuritiesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Debt [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtSecuritiesMember" xlink:to="us-gaap_DebtSecuritiesMember_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_DebtSecuritiesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Debt Securities [Member]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_EquitySecuritiesMember" xlink:type="locator" xlink:label="us-gaap_EquitySecuritiesMember" />
    <label xml:lang="en-US" xlink:label="us-gaap_EquitySecuritiesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Equities [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EquitySecuritiesMember" xlink:to="us-gaap_EquitySecuritiesMember_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_EquitySecuritiesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Equity Securities [Member]</label>
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    <label xml:lang="en-US" xlink:label="lzd_AlternativeInvestmentsMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Alternative investments.</label>
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    <label xml:lang="en-US" xlink:label="lzd_AlternativeInvestmentsMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Alternative Investments [Member]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FixedIncomeFundsMember" xlink:type="locator" xlink:label="us-gaap_FixedIncomeFundsMember" />
    <label xml:lang="en-US" xlink:label="us-gaap_FixedIncomeFundsMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Debt Funds [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FixedIncomeFundsMember" xlink:to="us-gaap_FixedIncomeFundsMember_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_FixedIncomeFundsMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Fixed Income Funds [Member]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_EquityFundsMember" xlink:type="locator" xlink:label="us-gaap_EquityFundsMember" />
    <label xml:lang="en-US" xlink:label="us-gaap_EquityFundsMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Equity Funds [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EquityFundsMember" xlink:to="us-gaap_EquityFundsMember_lbl" />
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    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PrivateEquityFundsMember" xlink:type="locator" xlink:label="us-gaap_PrivateEquityFundsMember" />
    <label xml:lang="en-US" xlink:label="us-gaap_PrivateEquityFundsMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Private Equity Funds [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PrivateEquityFundsMember" xlink:to="us-gaap_PrivateEquityFundsMember_lbl" />
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    <loc xlink:href="lzd-20181231.xsd#lzd_FundsMember" xlink:type="locator" xlink:label="lzd_FundsMember" />
    <label xml:lang="en-US" xlink:label="lzd_FundsMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Funds.</label>
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    <label xml:lang="en-US" xlink:label="lzd_FundsMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Funds Total [Member]</label>
    <label xml:lang="en-US" xlink:label="lzd_FundsMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Funds [Member]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:type="locator" xlink:label="us-gaap_ScheduleOfInvestmentsLineItems" />
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    <label xml:lang="en-US" xlink:label="us-gaap_ScheduleOfInvestmentsLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Schedule Of Investments [Line Items]</label>
    <label xml:lang="en-US" xlink:label="us-gaap_Investments_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Total investments</label>
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    <label xml:lang="en-US" xlink:label="us-gaap_InvestmentsFairValueDisclosure_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investments, at fair value</label>
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    <label xml:lang="en-US" xlink:label="us-gaap_InvestmentsFairValueDisclosure_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Investments Fair Value Disclosure</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FinancialInstrumentsSoldNotYetPurchasedAtFairValue" xlink:type="locator" xlink:label="us-gaap_FinancialInstrumentsSoldNotYetPurchasedAtFairValue" />
    <label xml:lang="en-US" xlink:label="us-gaap_FinancialInstrumentsSoldNotYetPurchasedAtFairValue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Securities sold, not yet purchased, at fair value (included in "other liabilities")</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FinancialInstrumentsSoldNotYetPurchasedAtFairValue" xlink:to="us-gaap_FinancialInstrumentsSoldNotYetPurchasedAtFairValue_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_FinancialInstrumentsSoldNotYetPurchasedAtFairValue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Financial Instruments Sold Not Yet Purchased At Fair Value</label>
    <loc xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_LegalEntityAxis" xlink:type="locator" xlink:label="dei_LegalEntityAxis" />
    <label xml:lang="en-US" xlink:label="dei_LegalEntityAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Legal Entity</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_LegalEntityAxis" xlink:to="dei_LegalEntityAxis_lbl" />
    <label xml:lang="en-US" xlink:label="dei_LegalEntityAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Legal Entity [Axis]</label>
    <loc xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_EntityDomain" xlink:type="locator" xlink:label="dei_EntityDomain" />
    <label xml:lang="en-US" xlink:label="dei_EntityDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityDomain" xlink:to="dei_EntityDomain_lbl" />
    <label xml:lang="en-US" xlink:label="dei_EntityDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity [Domain]</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_LazardFundInterestMember" xlink:type="locator" xlink:label="lzd_LazardFundInterestMember" />
    <label xml:lang="en-US" xlink:label="lzd_LazardFundInterestMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Lazard fund interest.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_LazardFundInterestMember" xlink:to="lzd_LazardFundInterestMember_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_LazardFundInterestMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Lazard Fund Interests [Member]</label>
    <label xml:lang="en-US" xlink:label="lzd_LazardFundInterestMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Lazard Fund Interest [Member]</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_SecuritiesMaturityDate" xlink:type="locator" xlink:label="lzd_SecuritiesMaturityDate" />
    <label xml:lang="en-US" xlink:label="lzd_SecuritiesMaturityDate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Period of time between issuance and maturity of treasury securities, in &apos;PnYnMnDTnHnMnS&apos; format, for example, &apos;P1Y5M13D&apos; represents the reported fact of one year, five months, and thirteen days.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_SecuritiesMaturityDate" xlink:to="lzd_SecuritiesMaturityDate_lbl" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FinancialInstrumentAxis" xlink:type="locator" xlink:label="us-gaap_FinancialInstrumentAxis" />
    <label xml:lang="en-US" xlink:label="us-gaap_FinancialInstrumentAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Financial Instrument</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FinancialInstrumentAxis" xlink:to="us-gaap_FinancialInstrumentAxis_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_FinancialInstrumentAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Financial Instrument [Axis]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain" xlink:type="locator" xlink:label="us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain" />
    <label xml:lang="en-US" xlink:label="us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Financial Instruments</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain" xlink:to="us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Transfers And Servicing Of Financial Instruments Types Of Financial Instruments [Domain]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_USTreasurySecuritiesMember" xlink:type="locator" xlink:label="us-gaap_USTreasurySecuritiesMember" />
    <label xml:lang="en-US" xlink:label="us-gaap_USTreasurySecuritiesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">U.S. Treasury Securities [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_USTreasurySecuritiesMember" xlink:to="us-gaap_USTreasurySecuritiesMember_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_USTreasurySecuritiesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">U S Treasury Securities [Member]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_MaturityOfTimeDeposits" xlink:type="locator" xlink:label="us-gaap_MaturityOfTimeDeposits" />
    <label xml:lang="en-US" xlink:label="us-gaap_MaturityOfTimeDeposits_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Deposits maturity period</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_MaturityOfTimeDeposits" xlink:to="us-gaap_MaturityOfTimeDeposits_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_MaturityOfTimeDeposits_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Maturity Of Time Deposits</label>
    <label xml:lang="en-US" xlink:label="lzd_SecuritiesMaturityDate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">US Treasury securities maturity period</label>
    <label xml:lang="en-US" xlink:label="lzd_SecuritiesMaturityDate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Securities Maturity Date</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_NetRealizedOrUnrealizedGainLossOnTradingSecuritiesAbstract" xlink:type="locator" xlink:label="us-gaap_NetRealizedOrUnrealizedGainLossOnTradingSecuritiesAbstract" />
    <label xml:lang="en-US" xlink:label="us-gaap_NetRealizedOrUnrealizedGainLossOnTradingSecuritiesAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Net Realized Or Unrealized Gain Loss On Trading Securities [Abstract]</label>
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    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_TradingSecuritiesUnrealizedHoldingGainLoss" xlink:type="locator" xlink:label="us-gaap_TradingSecuritiesUnrealizedHoldingGainLoss" />
    <label xml:lang="en-US" xlink:label="us-gaap_TradingSecuritiesUnrealizedHoldingGainLoss_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net unrealized investment gains (losses)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TradingSecuritiesUnrealizedHoldingGainLoss" xlink:to="us-gaap_TradingSecuritiesUnrealizedHoldingGainLoss_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_TradingSecuritiesUnrealizedHoldingGainLoss_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Trading Securities Unrealized Holding Gain Loss</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable" xlink:type="locator" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable" />
    <label xml:lang="en-US" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Table]</label>
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    <label xml:lang="en-US" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Table]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:type="locator" xlink:label="us-gaap_FairValueByFairValueHierarchyLevelAxis" />
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:to="us-gaap_FairValueByFairValueHierarchyLevelAxis_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_FairValueByFairValueHierarchyLevelAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value By Fair Value Hierarchy Level [Axis]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:type="locator" xlink:label="us-gaap_FairValueMeasurementsFairValueHierarchyDomain" />
    <label xml:lang="en-US" xlink:label="us-gaap_FairValueMeasurementsFairValueHierarchyDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Value Hierarchy and NAV</label>
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    <label xml:lang="en-US" xlink:label="us-gaap_FairValueMeasurementsFairValueHierarchyDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Measurements Fair Value Hierarchy [Domain]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FairValueInputsLevel1Member" xlink:type="locator" xlink:label="us-gaap_FairValueInputsLevel1Member" />
    <label xml:lang="en-US" xlink:label="us-gaap_FairValueInputsLevel1Member_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Level 1 [Member]</label>
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    <label xml:lang="en-US" xlink:label="us-gaap_FairValueInputsLevel1Member_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Inputs Level1 [Member]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FairValueInputsLevel2Member" xlink:type="locator" xlink:label="us-gaap_FairValueInputsLevel2Member" />
    <label xml:lang="en-US" xlink:label="us-gaap_FairValueInputsLevel2Member_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Level 2 [Member]</label>
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    <label xml:lang="en-US" xlink:label="us-gaap_FairValueInputsLevel2Member_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Inputs Level2 [Member]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FairValueInputsLevel3Member" xlink:type="locator" xlink:label="us-gaap_FairValueInputsLevel3Member" />
    <label xml:lang="en-US" xlink:label="us-gaap_FairValueInputsLevel3Member_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Level 3 [Member]</label>
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    <label xml:lang="en-US" xlink:label="us-gaap_FairValueInputsLevel3Member_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Inputs Level3 [Member]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FairValueByMeasurementFrequencyAxis" xlink:type="locator" xlink:label="us-gaap_FairValueByMeasurementFrequencyAxis" />
    <label xml:lang="en-US" xlink:label="us-gaap_FairValueByMeasurementFrequencyAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Value, Measurements, Recurring [Member]</label>
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    <label xml:lang="en-US" xlink:label="us-gaap_FairValueByMeasurementFrequencyAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value By Measurement Frequency [Axis]</label>
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    <loc xlink:href="lzd-20181231.xsd#lzd_ContingentConsiderationLiabilityMember" xlink:type="locator" xlink:label="lzd_ContingentConsiderationLiabilityMember" />
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    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationCalculationRollForward" xlink:type="locator" xlink:label="us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationCalculationRollForward" />
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueByMeasurementBasisAxis" xlink:to="us-gaap_FairValueByMeasurementBasisAxis_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_FairValueByMeasurementBasisAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value By Measurement Basis [Axis]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PortionAtFairValueFairValueDisclosureMember" xlink:type="locator" xlink:label="us-gaap_PortionAtFairValueFairValueDisclosureMember" />
    <label xml:lang="en-US" xlink:label="us-gaap_PortionAtFairValueFairValueDisclosureMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Value Disclosure Item Amounts [Default]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PortionAtFairValueFairValueDisclosureMember" xlink:to="us-gaap_PortionAtFairValueFairValueDisclosureMember_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_PortionAtFairValueFairValueDisclosureMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Portion At Fair Value Fair Value Disclosure [Member]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FairValueDisclosureItemAmountsDomain" xlink:type="locator" xlink:label="us-gaap_FairValueDisclosureItemAmountsDomain" />
    <label xml:lang="en-US" xlink:label="us-gaap_FairValueDisclosureItemAmountsDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Value Measurement</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueDisclosureItemAmountsDomain" xlink:to="us-gaap_FairValueDisclosureItemAmountsDomain_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_FairValueDisclosureItemAmountsDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Disclosure Item Amounts [Domain]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_CarryingReportedAmountFairValueDisclosureMember" xlink:type="locator" xlink:label="us-gaap_CarryingReportedAmountFairValueDisclosureMember" />
    <label xml:lang="en-US" xlink:label="us-gaap_CarryingReportedAmountFairValueDisclosureMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Carrying Value [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CarryingReportedAmountFairValueDisclosureMember" xlink:to="us-gaap_CarryingReportedAmountFairValueDisclosureMember_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_CarryingReportedAmountFairValueDisclosureMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Carrying Reported Amount Fair Value Disclosure [Member]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_EstimateOfFairValueFairValueDisclosureMember" xlink:type="locator" xlink:label="us-gaap_EstimateOfFairValueFairValueDisclosureMember" />
    <label xml:lang="en-US" xlink:label="us-gaap_EstimateOfFairValueFairValueDisclosureMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Value [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EstimateOfFairValueFairValueDisclosureMember" xlink:to="us-gaap_EstimateOfFairValueFairValueDisclosureMember_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_EstimateOfFairValueFairValueDisclosureMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Estimate Of Fair Value Fair Value Disclosure [Member]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems" xlink:type="locator" xlink:label="us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems" />
    <label xml:lang="en-US" xlink:label="us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems" xlink:to="us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FinancialInstrumentsFinancialAssetsBalanceSheetGroupingsAbstract" xlink:type="locator" xlink:label="us-gaap_FinancialInstrumentsFinancialAssetsBalanceSheetGroupingsAbstract" />
    <label xml:lang="en-US" xlink:label="us-gaap_FinancialInstrumentsFinancialAssetsBalanceSheetGroupingsAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Financial Assets:</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FinancialInstrumentsFinancialAssetsBalanceSheetGroupingsAbstract" xlink:to="us-gaap_FinancialInstrumentsFinancialAssetsBalanceSheetGroupingsAbstract_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_FinancialInstrumentsFinancialAssetsBalanceSheetGroupingsAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Financial Instruments Financial Assets Balance Sheet Groupings [Abstract]</label>
    <label xml:lang="en-US" xlink:label="lzd_InterestBearingFinancingFeeReceivables_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Interest-bearing financing receivables</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_CertificatesOfDepositAtCarryingValue" xlink:type="locator" xlink:label="us-gaap_CertificatesOfDepositAtCarryingValue" />
    <label xml:lang="en-US" xlink:label="us-gaap_CertificatesOfDepositAtCarryingValue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Interest-bearing deposits (included within investments)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CertificatesOfDepositAtCarryingValue" xlink:to="us-gaap_CertificatesOfDepositAtCarryingValue_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_CertificatesOfDepositAtCarryingValue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Certificates Of Deposit At Carrying Value</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FinancialInstrumentsFinancialLiabilitiesBalanceSheetGroupingsAbstract" xlink:type="locator" xlink:label="us-gaap_FinancialInstrumentsFinancialLiabilitiesBalanceSheetGroupingsAbstract" />
    <label xml:lang="en-US" xlink:label="us-gaap_FinancialInstrumentsFinancialLiabilitiesBalanceSheetGroupingsAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Financial Liabilities:</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FinancialInstrumentsFinancialLiabilitiesBalanceSheetGroupingsAbstract" xlink:to="us-gaap_FinancialInstrumentsFinancialLiabilitiesBalanceSheetGroupingsAbstract_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_FinancialInstrumentsFinancialLiabilitiesBalanceSheetGroupingsAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Financial Instruments Financial Liabilities Balance Sheet Groupings [Abstract]</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_CertificatesOfDepositAtFairValue" xlink:type="locator" xlink:label="lzd_CertificatesOfDepositAtFairValue" />
    <label xml:lang="en-US" xlink:label="lzd_CertificatesOfDepositAtFairValue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Certificates of deposit at fair value.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_CertificatesOfDepositAtFairValue" xlink:to="lzd_CertificatesOfDepositAtFairValue_lbl" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_CashAndCashEquivalentsFairValueDisclosure" xlink:type="locator" xlink:label="us-gaap_CashAndCashEquivalentsFairValueDisclosure" />
    <label xml:lang="en-US" xlink:label="us-gaap_CashAndCashEquivalentsFairValueDisclosure_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash and cash equivalents</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashAndCashEquivalentsFairValueDisclosure" xlink:to="us-gaap_CashAndCashEquivalentsFairValueDisclosure_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_CashAndCashEquivalentsFairValueDisclosure_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Cash And Cash Equivalents Fair Value Disclosure</label>
    <label xml:lang="en-US" xlink:label="lzd_CertificatesOfDepositAtFairValue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Interest-bearing deposits (included within investments)</label>
    <label xml:lang="en-US" xlink:label="lzd_CertificatesOfDepositAtFairValue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Certificates Of Deposit At Fair Value</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_PercentageOfFairValueNotRedeemable" xlink:type="locator" xlink:label="lzd_PercentageOfFairValueNotRedeemable" />
    <label xml:lang="en-US" xlink:label="lzd_PercentageOfFairValueNotRedeemable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Percentage of fair value not redeemable.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_PercentageOfFairValueNotRedeemable" xlink:to="lzd_PercentageOfFairValueNotRedeemable_lbl" />
    <loc xlink:href="lzd-20181231.xsd#lzd_PercentageOfEstimatedLiquidationPeriodOfInvestmentsNotRedeemableNextFiveYears" xlink:type="locator" xlink:label="lzd_PercentageOfEstimatedLiquidationPeriodOfInvestmentsNotRedeemableNextFiveYears" />
    <label xml:lang="en-US" xlink:label="lzd_PercentageOfEstimatedLiquidationPeriodOfInvestmentsNotRedeemableNextFiveYears_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Percentage of estimated liquidation period of investments not redeemable, next five years.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_PercentageOfEstimatedLiquidationPeriodOfInvestmentsNotRedeemableNextFiveYears" xlink:to="lzd_PercentageOfEstimatedLiquidationPeriodOfInvestmentsNotRedeemableNextFiveYears_lbl" />
    <loc xlink:href="lzd-20181231.xsd#lzd_PercentageOfEstimatedLiquidationPeriodOfInvestmentsNotRedeemableFiveToTenYears" xlink:type="locator" xlink:label="lzd_PercentageOfEstimatedLiquidationPeriodOfInvestmentsNotRedeemableFiveToTenYears" />
    <label xml:lang="en-US" xlink:label="lzd_PercentageOfEstimatedLiquidationPeriodOfInvestmentsNotRedeemableFiveToTenYears_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Percentage of estimated liquidation period of investments not redeemable, five to ten years.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_PercentageOfEstimatedLiquidationPeriodOfInvestmentsNotRedeemableFiveToTenYears" xlink:to="lzd_PercentageOfEstimatedLiquidationPeriodOfInvestmentsNotRedeemableFiveToTenYears_lbl" />
    <loc xlink:href="lzd-20181231.xsd#lzd_PercentageOfEstimatedLiquidationPeriodOfInvestmentsNotRedeemableThereafter" xlink:type="locator" xlink:label="lzd_PercentageOfEstimatedLiquidationPeriodOfInvestmentsNotRedeemableThereafter" />
    <label xml:lang="en-US" xlink:label="lzd_PercentageOfEstimatedLiquidationPeriodOfInvestmentsNotRedeemableThereafter_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Percentage of estimated liquidation period of investments not redeemable, thereafter.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_PercentageOfEstimatedLiquidationPeriodOfInvestmentsNotRedeemableThereafter" xlink:to="lzd_PercentageOfEstimatedLiquidationPeriodOfInvestmentsNotRedeemableThereafter_lbl" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareTable" xlink:type="locator" xlink:label="us-gaap_FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareTable" />
    <label xml:lang="en-US" xlink:label="us-gaap_FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Value Investments Entities That Calculate Net Asset Value Per Share [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareTable" xlink:to="us-gaap_FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareTable_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Investments Entities That Calculate Net Asset Value Per Share [Table]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_HedgeFundsMember" xlink:type="locator" xlink:label="us-gaap_HedgeFundsMember" />
    <label xml:lang="en-US" xlink:label="us-gaap_HedgeFundsMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Hedge Funds [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_HedgeFundsMember" xlink:to="us-gaap_HedgeFundsMember_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_HedgeFundsMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Hedge Funds [Member]</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_FundsOfFundsMember" xlink:type="locator" xlink:label="lzd_FundsOfFundsMember" />
    <label xml:lang="en-US" xlink:label="lzd_FundsOfFundsMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Funds of funds.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_FundsOfFundsMember" xlink:to="lzd_FundsOfFundsMember_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_FundsOfFundsMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Funds of Funds [Member]</label>
    <label xml:lang="en-US" xlink:label="lzd_FundsOfFundsMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Funds Of Funds [Member]</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_OtherAlternativeInvestmentsMember" xlink:type="locator" xlink:label="lzd_OtherAlternativeInvestmentsMember" />
    <label xml:lang="en-US" xlink:label="lzd_OtherAlternativeInvestmentsMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Other alternative investments.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_OtherAlternativeInvestmentsMember" xlink:to="lzd_OtherAlternativeInvestmentsMember_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_OtherAlternativeInvestmentsMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other [Member]</label>
    <label xml:lang="en-US" xlink:label="lzd_OtherAlternativeInvestmentsMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Other Alternative Investments [Member]</label>
    <loc xlink:href="https://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:type="locator" xlink:label="invest_InvestmentAxis" />
    <label xml:lang="en-US" xlink:label="invest_InvestmentAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="invest_InvestmentAxis" xlink:to="invest_InvestmentAxis_lbl" />
    <label xml:lang="en-US" xlink:label="invest_InvestmentAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Investment [Axis]</label>
    <loc xlink:href="https://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:type="locator" xlink:label="invest_InvestmentDomain" />
    <label xml:lang="en-US" xlink:label="invest_InvestmentDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="invest_InvestmentDomain" xlink:to="invest_InvestmentDomain_lbl" />
    <label xml:lang="en-US" xlink:label="invest_InvestmentDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Investment [Domain]</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_EquityGrowthMember" xlink:type="locator" xlink:label="lzd_EquityGrowthMember" />
    <label xml:lang="en-US" xlink:label="lzd_EquityGrowthMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Equity growth.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_EquityGrowthMember" xlink:to="lzd_EquityGrowthMember_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_EquityGrowthMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Equity Growth [Member]</label>
    <label xml:lang="en-US" xlink:label="lzd_EquityGrowthMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Equity Growth [Member]</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_InvestmentRedemptionFrequencyAxis" xlink:type="locator" xlink:label="lzd_InvestmentRedemptionFrequencyAxis" />
    <label xml:lang="en-US" xlink:label="lzd_InvestmentRedemptionFrequencyAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment redemption frequency.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_InvestmentRedemptionFrequencyAxis" xlink:to="lzd_InvestmentRedemptionFrequencyAxis_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_InvestmentRedemptionFrequencyAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment Redemption Frequency</label>
    <label xml:lang="en-US" xlink:label="lzd_InvestmentRedemptionFrequencyAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Investment Redemption Frequency [Axis]</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_InvestmentRedemptionFrequencyDomain" xlink:type="locator" xlink:label="lzd_InvestmentRedemptionFrequencyDomain" />
    <label xml:lang="en-US" xlink:label="lzd_InvestmentRedemptionFrequencyDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment redemption frequency.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_InvestmentRedemptionFrequencyDomain" xlink:to="lzd_InvestmentRedemptionFrequencyDomain_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_InvestmentRedemptionFrequencyDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment Redemption Frequency</label>
    <label xml:lang="en-US" xlink:label="lzd_InvestmentRedemptionFrequencyDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Investment Redemption Frequency [Domain]</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_AnnuallyMember" xlink:type="locator" xlink:label="lzd_AnnuallyMember" />
    <label xml:lang="en-US" xlink:label="lzd_AnnuallyMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Annually.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_AnnuallyMember" xlink:to="lzd_AnnuallyMember_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_AnnuallyMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Annually [Member]</label>
    <label xml:lang="en-US" xlink:label="lzd_AnnuallyMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Annually [Member]</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_MonthlyMember" xlink:type="locator" xlink:label="lzd_MonthlyMember" />
    <label xml:lang="en-US" xlink:label="lzd_MonthlyMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Monthly.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_MonthlyMember" xlink:to="lzd_MonthlyMember_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_MonthlyMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Monthly [Member]</label>
    <label xml:lang="en-US" xlink:label="lzd_MonthlyMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Monthly [Member]</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_QuarterlyMember" xlink:type="locator" xlink:label="lzd_QuarterlyMember" />
    <label xml:lang="en-US" xlink:label="lzd_QuarterlyMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Quarterly.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_QuarterlyMember" xlink:to="lzd_QuarterlyMember_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_QuarterlyMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Quarterly [Member]</label>
    <label xml:lang="en-US" xlink:label="lzd_QuarterlyMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Quarterly [Member]</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_DailyMember" xlink:type="locator" xlink:label="lzd_DailyMember" />
    <label xml:lang="en-US" xlink:label="lzd_DailyMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Daily.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_DailyMember" xlink:to="lzd_DailyMember_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_DailyMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Daily [Member]</label>
    <label xml:lang="en-US" xlink:label="lzd_DailyMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Daily [Member]</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_WeeklyMember" xlink:type="locator" xlink:label="lzd_WeeklyMember" />
    <label xml:lang="en-US" xlink:label="lzd_WeeklyMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Weekly.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_WeeklyMember" xlink:to="lzd_WeeklyMember_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_WeeklyMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Weekly [Member]</label>
    <label xml:lang="en-US" xlink:label="lzd_WeeklyMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Weekly [Member]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareLineItems" xlink:type="locator" xlink:label="us-gaap_FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareLineItems" />
    <label xml:lang="en-US" xlink:label="us-gaap_FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Value Investments Entities That Calculate Net Asset Value Per Share [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareLineItems" xlink:to="us-gaap_FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareLineItems_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Investments Entities That Calculate Net Asset Value Per Share [Line Items]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AlternativeInvestment" xlink:type="locator" xlink:label="us-gaap_AlternativeInvestment" />
    <label xml:lang="en-US" xlink:label="us-gaap_AlternativeInvestment_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Value</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AlternativeInvestment" xlink:to="us-gaap_AlternativeInvestment_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_AlternativeInvestment_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Alternative Investment</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareUnfundedCommittments" xlink:type="locator" xlink:label="us-gaap_FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareUnfundedCommittments" />
    <label xml:lang="en-US" xlink:label="us-gaap_FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareUnfundedCommittments_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Unfunded Commitments</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareUnfundedCommittments" xlink:to="us-gaap_FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareUnfundedCommittments_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareUnfundedCommittments_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Investments Entities That Calculate Net Asset Value Per Share Unfunded Committments</label>
    <label xml:lang="en-US" xlink:label="lzd_PercentageOfFairValueNotRedeemable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">% of Fair Value Not Redeemable</label>
    <label xml:lang="en-US" xlink:label="lzd_PercentageOfFairValueNotRedeemable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Percentage Of Fair Value Not Redeemable</label>
    <label xml:lang="en-US" xlink:label="lzd_PercentageOfEstimatedLiquidationPeriodOfInvestmentsNotRedeemableNextFiveYears_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Estimated Liquidation Period of Investments Not Redeemable, % Next 5 Years</label>
    <label xml:lang="en-US" xlink:label="lzd_PercentageOfEstimatedLiquidationPeriodOfInvestmentsNotRedeemableNextFiveYears_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Percentage Of Estimated Liquidation Period Of Investments Not Redeemable Next Five Years</label>
    <label xml:lang="en-US" xlink:label="lzd_PercentageOfEstimatedLiquidationPeriodOfInvestmentsNotRedeemableFiveToTenYears_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Estimated Liquidation Period of Investments Not Redeemable, % 5-10 Years</label>
    <label xml:lang="en-US" xlink:label="lzd_PercentageOfEstimatedLiquidationPeriodOfInvestmentsNotRedeemableFiveToTenYears_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Percentage Of Estimated Liquidation Period Of Investments Not Redeemable Five To Ten Years</label>
    <label xml:lang="en-US" xlink:label="lzd_PercentageOfEstimatedLiquidationPeriodOfInvestmentsNotRedeemableThereafter_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Estimated Liquidation Period of Investments Not Redeemable, % Thereafter</label>
    <label xml:lang="en-US" xlink:label="lzd_PercentageOfEstimatedLiquidationPeriodOfInvestmentsNotRedeemableThereafter_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Percentage Of Estimated Liquidation Period Of Investments Not Redeemable Thereafter</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareInvestmentRedemptionNoticePeriod1" xlink:type="locator" xlink:label="us-gaap_FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareInvestmentRedemptionNoticePeriod1" />
    <label xml:lang="en-US" xlink:label="us-gaap_FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareInvestmentRedemptionNoticePeriod1_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investments Redeemable, Redemption Notice Period</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareInvestmentRedemptionNoticePeriod1" xlink:to="us-gaap_FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareInvestmentRedemptionNoticePeriod1_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareInvestmentRedemptionNoticePeriod1_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Investments Entities That Calculate Net Asset Value Per Share Investment Redemption Notice Period1</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareInvestmentRedemptionFrequencyPercentage" xlink:type="locator" xlink:label="lzd_FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareInvestmentRedemptionFrequencyPercentage" />
    <label xml:lang="en-US" xlink:label="lzd_FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareInvestmentRedemptionFrequencyPercentage_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">States the percentage with which the entity can redeem its investment, or portion thereof, per period (for example, annually, semi-annually, quarterly) for each of those certain investments for which net asset value per share is calculated (including by unit, membership interest, or other equity (ownership interest) unit measure) (alternative investments), by major category.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareInvestmentRedemptionFrequencyPercentage" xlink:to="lzd_FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareInvestmentRedemptionFrequencyPercentage_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareInvestmentRedemptionFrequencyPercentage_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investments Redeemable, Percent</label>
    <label xml:lang="en-US" xlink:label="lzd_FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareInvestmentRedemptionFrequencyPercentage_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Investments Entities That Calculate Net Asset Value Per Share Investment Redemption Frequency Percentage</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_InvestmentSecondaryCategorizationAxis" xlink:type="locator" xlink:label="us-gaap_InvestmentSecondaryCategorizationAxis" />
    <label xml:lang="en-US" xlink:label="us-gaap_InvestmentSecondaryCategorizationAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment Secondary Categorization</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentSecondaryCategorizationAxis" xlink:to="us-gaap_InvestmentSecondaryCategorizationAxis_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_InvestmentSecondaryCategorizationAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Investment Secondary Categorization [Axis]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_InvestmentsBySecondaryCategorizationDomain" xlink:type="locator" xlink:label="us-gaap_InvestmentsBySecondaryCategorizationDomain" />
    <label xml:lang="en-US" xlink:label="us-gaap_InvestmentsBySecondaryCategorizationDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investments by Secondary Categorization</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentsBySecondaryCategorizationDomain" xlink:to="us-gaap_InvestmentsBySecondaryCategorizationDomain_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_InvestmentsBySecondaryCategorizationDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Investments By Secondary Categorization [Domain]</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_ConsolidatedButNotOwnedMember" xlink:type="locator" xlink:label="lzd_ConsolidatedButNotOwnedMember" />
    <label xml:lang="en-US" xlink:label="lzd_ConsolidatedButNotOwnedMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Consolidated but not owned.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_ConsolidatedButNotOwnedMember" xlink:to="lzd_ConsolidatedButNotOwnedMember_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_ConsolidatedButNotOwnedMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Consolidated But Not Owned [Member]</label>
    <label xml:lang="en-US" xlink:label="lzd_ConsolidatedButNotOwnedMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Consolidated But Not Owned [Member]</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_EndOfInvestmentFundingPeriod" xlink:type="locator" xlink:label="lzd_EndOfInvestmentFundingPeriod" />
    <label xml:lang="en-US" xlink:label="lzd_EndOfInvestmentFundingPeriod_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">End of investment funding period.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_EndOfInvestmentFundingPeriod" xlink:to="lzd_EndOfInvestmentFundingPeriod_lbl" />
    <loc xlink:href="lzd-20181231.xsd#lzd_RemainingCommitmentDate" xlink:type="locator" xlink:label="lzd_RemainingCommitmentDate" />
    <label xml:lang="en-US" xlink:label="lzd_RemainingCommitmentDate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Remaining commitment date.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_RemainingCommitmentDate" xlink:to="lzd_RemainingCommitmentDate_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_EndOfInvestmentFundingPeriod_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">End of the investment period</label>
    <label xml:lang="en-US" xlink:label="lzd_EndOfInvestmentFundingPeriod_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">End Of Investment Funding Period</label>
    <label xml:lang="en-US" xlink:label="lzd_RemainingCommitmentDate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Remaining obligation date</label>
    <label xml:lang="en-US" xlink:label="lzd_RemainingCommitmentDate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Remaining Commitment Date</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FairValuesDerivativesBalanceSheetLocationByDerivativeContractTypeByHedgingDesignationTable" xlink:type="locator" xlink:label="us-gaap_FairValuesDerivativesBalanceSheetLocationByDerivativeContractTypeByHedgingDesignationTable" />
    <label xml:lang="en-US" xlink:label="us-gaap_FairValuesDerivativesBalanceSheetLocationByDerivativeContractTypeByHedgingDesignationTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Values Derivatives Balance Sheet Location By Derivative Contract Type By Hedging Designation [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValuesDerivativesBalanceSheetLocationByDerivativeContractTypeByHedgingDesignationTable" xlink:to="us-gaap_FairValuesDerivativesBalanceSheetLocationByDerivativeContractTypeByHedgingDesignationTable_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_FairValuesDerivativesBalanceSheetLocationByDerivativeContractTypeByHedgingDesignationTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Fair Values Derivatives Balance Sheet Location By Derivative Contract Type By Hedging Designation [Table]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DerivativeInstrumentRiskAxis" xlink:type="locator" xlink:label="us-gaap_DerivativeInstrumentRiskAxis" />
    <label xml:lang="en-US" xlink:label="us-gaap_DerivativeInstrumentRiskAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Derivative Instrument</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeInstrumentRiskAxis" xlink:to="us-gaap_DerivativeInstrumentRiskAxis_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_DerivativeInstrumentRiskAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Derivative Instrument Risk [Axis]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:type="locator" xlink:label="us-gaap_DerivativeContractTypeDomain" />
    <label xml:lang="en-US" xlink:label="us-gaap_DerivativeContractTypeDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Derivative Contract</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeContractTypeDomain" xlink:to="us-gaap_DerivativeContractTypeDomain_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_DerivativeContractTypeDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Derivative Contract Type [Domain]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ForeignExchangeForwardMember" xlink:type="locator" xlink:label="us-gaap_ForeignExchangeForwardMember" />
    <label xml:lang="en-US" xlink:label="us-gaap_ForeignExchangeForwardMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Forward Foreign Currency Exchange Rate Contracts [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ForeignExchangeForwardMember" xlink:to="us-gaap_ForeignExchangeForwardMember_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_ForeignExchangeForwardMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Foreign Exchange Forward [Member]</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_ReturnSwapsAndOtherMember" xlink:type="locator" xlink:label="lzd_ReturnSwapsAndOtherMember" />
    <label xml:lang="en-US" xlink:label="lzd_ReturnSwapsAndOtherMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Return swaps and other.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_ReturnSwapsAndOtherMember" xlink:to="lzd_ReturnSwapsAndOtherMember_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_ReturnSwapsAndOtherMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Total Return Swaps and Other [Member]</label>
    <label xml:lang="en-US" xlink:label="lzd_ReturnSwapsAndOtherMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Return Swaps And Other [Member]</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_LazardFundInterestsAndOtherSimilarDeferredCompensationArrangementsMember" xlink:type="locator" xlink:label="lzd_LazardFundInterestsAndOtherSimilarDeferredCompensationArrangementsMember" />
    <label xml:lang="en-US" xlink:label="lzd_LazardFundInterestsAndOtherSimilarDeferredCompensationArrangementsMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Lazard fund interests and other similar deferred compensation arrangements.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_LazardFundInterestsAndOtherSimilarDeferredCompensationArrangementsMember" xlink:to="lzd_LazardFundInterestsAndOtherSimilarDeferredCompensationArrangementsMember_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_LazardFundInterestsAndOtherSimilarDeferredCompensationArrangementsMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">LFI and Other Similar Deferred Compensation Arrangements [Member]</label>
    <label xml:lang="en-US" xlink:label="lzd_LazardFundInterestsAndOtherSimilarDeferredCompensationArrangementsMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Lazard Fund Interests And Other Similar Deferred Compensation Arrangements [Member]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DerivativesFairValueLineItems" xlink:type="locator" xlink:label="us-gaap_DerivativesFairValueLineItems" />
    <label xml:lang="en-US" xlink:label="us-gaap_DerivativesFairValueLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Derivatives, Fair Value [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativesFairValueLineItems" xlink:to="us-gaap_DerivativesFairValueLineItems_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_DerivativesFairValueLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Derivatives Fair Value [Line Items]</label>
    <label xml:lang="en-US" xlink:label="us-gaap_DerivativeAssets_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Derivative Assets</label>
    <label xml:lang="en-US" xlink:label="us-gaap_DerivativeLiabilities_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Derivative Liabilities</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_DerivativeCashCollateralForReturnSwaps" xlink:type="locator" xlink:label="lzd_DerivativeCashCollateralForReturnSwaps" />
    <label xml:lang="en-US" xlink:label="lzd_DerivativeCashCollateralForReturnSwaps_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Represents receivables for net cash collateral under contracts.</label>
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    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipByIncomeStatementLocationByDerivativeInstrumentRiskTable" xlink:type="locator" xlink:label="us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipByIncomeStatementLocationByDerivativeInstrumentRiskTable" />
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    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet" xlink:type="locator" xlink:label="us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet" />
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    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ScheduleOfPropertyPlantAndEquipmentTable" xlink:type="locator" xlink:label="us-gaap_ScheduleOfPropertyPlantAndEquipmentTable" />
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    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PropertyPlantAndEquipmentByTypeAxis" xlink:type="locator" xlink:label="us-gaap_PropertyPlantAndEquipmentByTypeAxis" />
    <label xml:lang="en-US" xlink:label="us-gaap_PropertyPlantAndEquipmentByTypeAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Property, Plant and Equipment, Type</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentByTypeAxis" xlink:to="us-gaap_PropertyPlantAndEquipmentByTypeAxis_lbl" />
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    <label xml:lang="en-US" xlink:label="us-gaap_PropertyPlantAndEquipmentTypeDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Property, Plant and Equipment, Type</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentTypeDomain" xlink:to="us-gaap_PropertyPlantAndEquipmentTypeDomain_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_PropertyPlantAndEquipmentTypeDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Property Plant And Equipment Type [Domain]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_BuildingMember" xlink:type="locator" xlink:label="us-gaap_BuildingMember" />
    <label xml:lang="en-US" xlink:label="us-gaap_BuildingMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Buildings [Member]</label>
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LeaseholdImprovementsMember" xlink:to="us-gaap_LeaseholdImprovementsMember_lbl" />
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    <loc xlink:href="lzd-20181231.xsd#lzd_FurnitureAndEquipmentMember" xlink:type="locator" xlink:label="lzd_FurnitureAndEquipmentMember" />
    <label xml:lang="en-US" xlink:label="lzd_FurnitureAndEquipmentMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Furniture and equipment.</label>
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    <label xml:lang="en-US" xlink:label="lzd_FurnitureAndEquipmentMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Furniture And Equipment [Member]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ConstructionInProgressMember" xlink:type="locator" xlink:label="us-gaap_ConstructionInProgressMember" />
    <label xml:lang="en-US" xlink:label="us-gaap_ConstructionInProgressMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Construction in Progress [Member]</label>
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentLineItems" xlink:to="us-gaap_PropertyPlantAndEquipmentLineItems_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_PropertyPlantAndEquipmentLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Property Plant And Equipment [Line Items]</label>
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    <label xml:lang="en-US" xlink:label="us-gaap_PropertyPlantAndEquipmentGross_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Property, plant and equipment, gross</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentGross" xlink:to="us-gaap_PropertyPlantAndEquipmentGross_lbl" />
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    <label xml:lang="en-US" xlink:label="us-gaap_Goodwill_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Goodwill</label>
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    <label xml:lang="en-US" xlink:label="us-gaap_Goodwill_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Beginning Balance</label>
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    <label xml:lang="en-US" xlink:label="us-gaap_GoodwillPurchaseAccountingAdjustments_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Business acquisitions</label>
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GoodwillForeignCurrencyTranslationGainLoss" xlink:to="us-gaap_GoodwillForeignCurrencyTranslationGainLoss_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_GoodwillForeignCurrencyTranslationGainLoss_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Goodwill Foreign Currency Translation Gain Loss</label>
    <label xml:lang="en-US" xlink:label="us-gaap_Goodwill_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Ending Balance</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTable" xlink:type="locator" xlink:label="us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTable" />
    <label xml:lang="en-US" xlink:label="us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule Of Finite Lived Intangible Assets [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTable" xlink:to="us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTable_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Schedule Of Finite Lived Intangible Assets [Table]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_NatureOfExpenseAxis" xlink:type="locator" xlink:label="us-gaap_NatureOfExpenseAxis" />
    <label xml:lang="en-US" xlink:label="us-gaap_NatureOfExpenseAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Nature of Expense</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NatureOfExpenseAxis" xlink:to="us-gaap_NatureOfExpenseAxis_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_NatureOfExpenseAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Nature Of Expense [Axis]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_InterimPeriodCostsNotAllocableDomain" xlink:type="locator" xlink:label="us-gaap_InterimPeriodCostsNotAllocableDomain" />
    <label xml:lang="en-US" xlink:label="us-gaap_InterimPeriodCostsNotAllocableDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Interim Period, Costs Not Allocable</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterimPeriodCostsNotAllocableDomain" xlink:to="us-gaap_InterimPeriodCostsNotAllocableDomain_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_InterimPeriodCostsNotAllocableDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Interim Period Costs Not Allocable [Domain]</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_SuccessOrIncentiveFeesMember" xlink:type="locator" xlink:label="lzd_SuccessOrIncentiveFeesMember" />
    <label xml:lang="en-US" xlink:label="lzd_SuccessOrIncentiveFeesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Success or incentive fees.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_SuccessOrIncentiveFeesMember" xlink:to="lzd_SuccessOrIncentiveFeesMember_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_SuccessOrIncentiveFeesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Success/Incentive Fees [Member]</label>
    <label xml:lang="en-US" xlink:label="lzd_SuccessOrIncentiveFeesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Success Or Incentive Fees [Member]</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_ManagementFeesCustomerRelationshipsAndNonCompeteAgreementsMember" xlink:type="locator" xlink:label="lzd_ManagementFeesCustomerRelationshipsAndNonCompeteAgreementsMember" />
    <label xml:lang="en-US" xlink:label="lzd_ManagementFeesCustomerRelationshipsAndNonCompeteAgreementsMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Management fees, customer relationships and non-compete agreements.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_ManagementFeesCustomerRelationshipsAndNonCompeteAgreementsMember" xlink:to="lzd_ManagementFeesCustomerRelationshipsAndNonCompeteAgreementsMember_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_ManagementFeesCustomerRelationshipsAndNonCompeteAgreementsMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Management Fees, Customer Relationships and Non-Compete Agreements [Member]</label>
    <label xml:lang="en-US" xlink:label="lzd_ManagementFeesCustomerRelationshipsAndNonCompeteAgreementsMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Management Fees Customer Relationships And Non Compete Agreements [Member]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsLineItems" xlink:type="locator" xlink:label="us-gaap_FiniteLivedIntangibleAssetsLineItems" />
    <label xml:lang="en-US" xlink:label="us-gaap_FiniteLivedIntangibleAssetsLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Finite-Lived Intangible Assets [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FiniteLivedIntangibleAssetsLineItems" xlink:to="us-gaap_FiniteLivedIntangibleAssetsLineItems_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_FiniteLivedIntangibleAssetsLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Finite Lived Intangible Assets [Line Items]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OtherFiniteLivedIntangibleAssetsGross" xlink:type="locator" xlink:label="us-gaap_OtherFiniteLivedIntangibleAssetsGross" />
    <label xml:lang="en-US" xlink:label="us-gaap_OtherFiniteLivedIntangibleAssetsGross_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other intangible assets, Gross Cost</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherFiniteLivedIntangibleAssetsGross" xlink:to="us-gaap_OtherFiniteLivedIntangibleAssetsGross_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_OtherFiniteLivedIntangibleAssetsGross_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Other Finite Lived Intangible Assets Gross</label>
    <label xml:lang="en-US" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Other intangible assets, Accumulated Amortization</label>
    <label xml:lang="en-US" xlink:label="us-gaap_OtherIntangibleAssetsNet_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Other intangible assets, Net Carrying Amount</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AmortizationOfIntangibleAssets" xlink:type="locator" xlink:label="us-gaap_AmortizationOfIntangibleAssets" />
    <label xml:lang="en-US" xlink:label="us-gaap_AmortizationOfIntangibleAssets_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amortization of intangible assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AmortizationOfIntangibleAssets" xlink:to="us-gaap_AmortizationOfIntangibleAssets_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_AmortizationOfIntangibleAssets_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Amortization Of Intangible Assets</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths" xlink:type="locator" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths" />
    <label xml:lang="en-US" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2019</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths" xlink:to="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Finite Lived Intangible Assets Amortization Expense Next Twelve Months</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo" xlink:type="locator" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo" />
    <label xml:lang="en-US" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2020</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo" xlink:to="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Finite Lived Intangible Assets Amortization Expense Year Two</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree" xlink:type="locator" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree" />
    <label xml:lang="en-US" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2021</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree" xlink:to="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Finite Lived Intangible Assets Amortization Expense Year Three</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour" xlink:type="locator" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour" />
    <label xml:lang="en-US" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2022</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour" xlink:to="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Finite Lived Intangible Assets Amortization Expense Year Four</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFive" xlink:type="locator" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFive" />
    <label xml:lang="en-US" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFive_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2023</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFive" xlink:to="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFive_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFive_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Finite Lived Intangible Assets Amortization Expense Year Five</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsNet" xlink:type="locator" xlink:label="us-gaap_FiniteLivedIntangibleAssetsNet" />
    <label xml:lang="en-US" xlink:label="us-gaap_FiniteLivedIntangibleAssetsNet_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total amortization expense</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FiniteLivedIntangibleAssetsNet" xlink:to="us-gaap_FiniteLivedIntangibleAssetsNet_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_FiniteLivedIntangibleAssetsNet_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Finite Lived Intangible Assets Net</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_IncomeAndOtherTaxReceivablesCurrent" xlink:type="locator" xlink:label="lzd_IncomeAndOtherTaxReceivablesCurrent" />
    <label xml:lang="en-US" xlink:label="lzd_IncomeAndOtherTaxReceivablesCurrent_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Income and other tax receivables Current.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_IncomeAndOtherTaxReceivablesCurrent" xlink:to="lzd_IncomeAndOtherTaxReceivablesCurrent_lbl" />
    <loc xlink:href="lzd-20181231.xsd#lzd_PrepaidCompensationAsset" xlink:type="locator" xlink:label="lzd_PrepaidCompensationAsset" />
    <label xml:lang="en-US" xlink:label="lzd_PrepaidCompensationAsset_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Prepaid compensation asset.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_PrepaidCompensationAsset" xlink:to="lzd_PrepaidCompensationAsset_lbl" />
    <loc xlink:href="lzd-20181231.xsd#lzd_AdvancesAndPrepayments" xlink:type="locator" xlink:label="lzd_AdvancesAndPrepayments" />
    <label xml:lang="en-US" xlink:label="lzd_AdvancesAndPrepayments_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Advances and prepayments.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_AdvancesAndPrepayments" xlink:to="lzd_AdvancesAndPrepayments_lbl" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureAbstract" xlink:type="locator" xlink:label="us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureAbstract" />
    <label xml:lang="en-US" xlink:label="us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Deferred Costs Capitalized Prepaid And Other Assets Disclosure [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureAbstract" xlink:to="us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureAbstract_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_IncomeAndOtherTaxReceivablesCurrent_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Current income and other tax receivables</label>
    <label xml:lang="en-US" xlink:label="lzd_IncomeAndOtherTaxReceivablesCurrent_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Income And Other Tax Receivables Current</label>
    <label xml:lang="en-US" xlink:label="lzd_PrepaidCompensationAsset_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Prepaid compensation (see Note 15)</label>
    <label xml:lang="en-US" xlink:label="lzd_PrepaidCompensationAsset_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Prepaid Compensation Asset</label>
    <label xml:lang="en-US" xlink:label="lzd_AdvancesAndPrepayments_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other advances and prepayments</label>
    <label xml:lang="en-US" xlink:label="lzd_AdvancesAndPrepayments_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Advances And Prepayments</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OtherAssetsMiscellaneous" xlink:type="locator" xlink:label="us-gaap_OtherAssetsMiscellaneous" />
    <label xml:lang="en-US" xlink:label="us-gaap_OtherAssetsMiscellaneous_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherAssetsMiscellaneous" xlink:to="us-gaap_OtherAssetsMiscellaneous_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_OtherAssetsMiscellaneous_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Other Assets Miscellaneous</label>
    <label xml:lang="en-US" xlink:label="us-gaap_OtherAssets_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_DeferredLeaseLiability" xlink:type="locator" xlink:label="lzd_DeferredLeaseLiability" />
    <label xml:lang="en-US" xlink:label="lzd_DeferredLeaseLiability_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Amount of deferred lease obligations.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_DeferredLeaseLiability" xlink:to="lzd_DeferredLeaseLiability_lbl" />
    <loc xlink:href="lzd-20181231.xsd#lzd_UnclaimedFundsOfSubsidiaries" xlink:type="locator" xlink:label="lzd_UnclaimedFundsOfSubsidiaries" />
    <label xml:lang="en-US" xlink:label="lzd_UnclaimedFundsOfSubsidiaries_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Unclaimed funds of subsidiaries.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_UnclaimedFundsOfSubsidiaries" xlink:to="lzd_UnclaimedFundsOfSubsidiaries_lbl" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OtherLiabilitiesDisclosureAbstract" xlink:type="locator" xlink:label="us-gaap_OtherLiabilitiesDisclosureAbstract" />
    <label xml:lang="en-US" xlink:label="us-gaap_OtherLiabilitiesDisclosureAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Other Liabilities Disclosure [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherLiabilitiesDisclosureAbstract" xlink:to="us-gaap_OtherLiabilitiesDisclosureAbstract_lbl" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AccruedLiabilitiesCurrentAndNoncurrent" xlink:type="locator" xlink:label="us-gaap_AccruedLiabilitiesCurrentAndNoncurrent" />
    <label xml:lang="en-US" xlink:label="us-gaap_AccruedLiabilitiesCurrentAndNoncurrent_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accrued expenses</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccruedLiabilitiesCurrentAndNoncurrent" xlink:to="us-gaap_AccruedLiabilitiesCurrentAndNoncurrent_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_AccruedLiabilitiesCurrentAndNoncurrent_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Accrued Liabilities Current And Noncurrent</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_TaxesPayableCurrent" xlink:type="locator" xlink:label="us-gaap_TaxesPayableCurrent" />
    <label xml:lang="en-US" xlink:label="us-gaap_TaxesPayableCurrent_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Current income taxes and other taxes</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TaxesPayableCurrent" xlink:to="us-gaap_TaxesPayableCurrent_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_TaxesPayableCurrent_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Taxes Payable Current</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AccruedEmployeeBenefitsCurrentAndNoncurrent" xlink:type="locator" xlink:label="us-gaap_AccruedEmployeeBenefitsCurrentAndNoncurrent" />
    <label xml:lang="en-US" xlink:label="us-gaap_AccruedEmployeeBenefitsCurrentAndNoncurrent_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Employee benefit-related liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccruedEmployeeBenefitsCurrentAndNoncurrent" xlink:to="us-gaap_AccruedEmployeeBenefitsCurrentAndNoncurrent_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_AccruedEmployeeBenefitsCurrentAndNoncurrent_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Accrued Employee Benefits Current And Noncurrent</label>
    <label xml:lang="en-US" xlink:label="lzd_DeferredLeaseLiability_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Deferred lease liabilities</label>
    <label xml:lang="en-US" xlink:label="lzd_DeferredLeaseLiability_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Deferred Lease Liability</label>
    <label xml:lang="en-US" xlink:label="lzd_UnclaimedFundsOfSubsidiaries_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Unclaimed funds at LFB</label>
    <label xml:lang="en-US" xlink:label="lzd_UnclaimedFundsOfSubsidiaries_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Unclaimed Funds Of Subsidiaries</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ContractWithCustomerLiability" xlink:type="locator" xlink:label="us-gaap_ContractWithCustomerLiability" />
    <label xml:lang="en-US" xlink:label="us-gaap_ContractWithCustomerLiability_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Deferred revenue</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ContractWithCustomerLiability" xlink:to="us-gaap_ContractWithCustomerLiability_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_ContractWithCustomerLiability_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Contract With Customer Liability</label>
    <label xml:lang="en-US" xlink:label="us-gaap_BusinessCombinationContingentConsiderationLiability_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Contingent consideration liability</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OtherSundryLiabilities" xlink:type="locator" xlink:label="us-gaap_OtherSundryLiabilities" />
    <label xml:lang="en-US" xlink:label="us-gaap_OtherSundryLiabilities_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherSundryLiabilities" xlink:to="us-gaap_OtherSundryLiabilities_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_OtherSundryLiabilities_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Other Sundry Liabilities</label>
    <label xml:lang="en-US" xlink:label="us-gaap_OtherLiabilities_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DebtInstrumentTable" xlink:type="locator" xlink:label="us-gaap_DebtInstrumentTable" />
    <label xml:lang="en-US" xlink:label="us-gaap_DebtInstrumentTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Debt Instrument [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentTable" xlink:to="us-gaap_DebtInstrumentTable_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_DebtInstrumentTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument [Table]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DebtInstrumentAxis" xlink:type="locator" xlink:label="us-gaap_DebtInstrumentAxis" />
    <label xml:lang="en-US" xlink:label="us-gaap_DebtInstrumentAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Debt Instrument</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentAxis" xlink:to="us-gaap_DebtInstrumentAxis_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_DebtInstrumentAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument [Axis]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:type="locator" xlink:label="us-gaap_DebtInstrumentNameDomain" />
    <label xml:lang="en-US" xlink:label="us-gaap_DebtInstrumentNameDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Debt Instrument, Name</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentNameDomain" xlink:to="us-gaap_DebtInstrumentNameDomain_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_DebtInstrumentNameDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument Name [Domain]</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_LazardGroupFourPointTwoFivePercentSeniorNotesMember" xlink:type="locator" xlink:label="lzd_LazardGroupFourPointTwoFivePercentSeniorNotesMember" />
    <label xml:lang="en-US" xlink:label="lzd_LazardGroupFourPointTwoFivePercentSeniorNotesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Lazard Group four point two five percent senior notes.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_LazardGroupFourPointTwoFivePercentSeniorNotesMember" xlink:to="lzd_LazardGroupFourPointTwoFivePercentSeniorNotesMember_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_LazardGroupFourPointTwoFivePercentSeniorNotesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Lazard Group 4.25% Senior Notes [Member]</label>
    <label xml:lang="en-US" xlink:label="lzd_LazardGroupFourPointTwoFivePercentSeniorNotesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Lazard Group Four Point Two Five Percent Senior Notes [Member]</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_LazardGroupThreePointSevenFivePercentSeniorNotesMember" xlink:type="locator" xlink:label="lzd_LazardGroupThreePointSevenFivePercentSeniorNotesMember" />
    <label xml:lang="en-US" xlink:label="lzd_LazardGroupThreePointSevenFivePercentSeniorNotesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Lazard Group three point seven five percent senior notes.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_LazardGroupThreePointSevenFivePercentSeniorNotesMember" xlink:to="lzd_LazardGroupThreePointSevenFivePercentSeniorNotesMember_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_LazardGroupThreePointSevenFivePercentSeniorNotesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Lazard Group 3.75% Senior Notes [Member]</label>
    <label xml:lang="en-US" xlink:label="lzd_LazardGroupThreePointSevenFivePercentSeniorNotesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Lazard Group Three Point Seven Five Percent Senior Notes [Member]</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_LazardGroupThreePointSixTwoFivePercentSeniorNotesMember" xlink:type="locator" xlink:label="lzd_LazardGroupThreePointSixTwoFivePercentSeniorNotesMember" />
    <label xml:lang="en-US" xlink:label="lzd_LazardGroupThreePointSixTwoFivePercentSeniorNotesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Lazard Group 3.625% senior notes.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_LazardGroupThreePointSixTwoFivePercentSeniorNotesMember" xlink:to="lzd_LazardGroupThreePointSixTwoFivePercentSeniorNotesMember_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_LazardGroupThreePointSixTwoFivePercentSeniorNotesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Lazard Group 3.625% Senior Notes [Member]</label>
    <label xml:lang="en-US" xlink:label="lzd_LazardGroupThreePointSixTwoFivePercentSeniorNotesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Lazard Group Three Point Six Two Five Percent Senior Notes [Member]</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_LazardGroupFourPointFiveZeroPercentSeniorNotesMember" xlink:type="locator" xlink:label="lzd_LazardGroupFourPointFiveZeroPercentSeniorNotesMember" />
    <label xml:lang="en-US" xlink:label="lzd_LazardGroupFourPointFiveZeroPercentSeniorNotesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Lazard Group four point five zero percent senior notes.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_LazardGroupFourPointFiveZeroPercentSeniorNotesMember" xlink:to="lzd_LazardGroupFourPointFiveZeroPercentSeniorNotesMember_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_LazardGroupFourPointFiveZeroPercentSeniorNotesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Lazard Group 4.50% Senior Notes [Member]</label>
    <label xml:lang="en-US" xlink:label="lzd_LazardGroupFourPointFiveZeroPercentSeniorNotesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Lazard Group Four Point Five Zero Percent Senior Notes [Member]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:type="locator" xlink:label="us-gaap_DebtInstrumentLineItems" />
    <label xml:lang="en-US" xlink:label="us-gaap_DebtInstrumentLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Debt Instrument [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentLineItems" xlink:to="us-gaap_DebtInstrumentLineItems_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_DebtInstrumentLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument [Line Items]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DebtInstrumentFaceAmount" xlink:type="locator" xlink:label="us-gaap_DebtInstrumentFaceAmount" />
    <label xml:lang="en-US" xlink:label="us-gaap_DebtInstrumentFaceAmount_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Senior Debt, Initial Principal Amount</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentFaceAmount" xlink:to="us-gaap_DebtInstrumentFaceAmount_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_DebtInstrumentFaceAmount_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument Face Amount</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DebtInstrumentMaturityDate" xlink:type="locator" xlink:label="us-gaap_DebtInstrumentMaturityDate" />
    <label xml:lang="en-US" xlink:label="us-gaap_DebtInstrumentMaturityDate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Senior Debt, Maturity Date</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentMaturityDate" xlink:to="us-gaap_DebtInstrumentMaturityDate_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_DebtInstrumentMaturityDate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument Maturity Date</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DebtInstrumentInterestRateStatedPercentage" xlink:type="locator" xlink:label="us-gaap_DebtInstrumentInterestRateStatedPercentage" />
    <label xml:lang="en-US" xlink:label="us-gaap_DebtInstrumentInterestRateStatedPercentage_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Senior Debt, Annual Interest Rate</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentInterestRateStatedPercentage" xlink:to="us-gaap_DebtInstrumentInterestRateStatedPercentage_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_DebtInstrumentInterestRateStatedPercentage_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument Interest Rate Stated Percentage</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DebtInstrumentCarryingAmount" xlink:type="locator" xlink:label="us-gaap_DebtInstrumentCarryingAmount" />
    <label xml:lang="en-US" xlink:label="us-gaap_DebtInstrumentCarryingAmount_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Senior Debt, Outstanding Principal</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentCarryingAmount" xlink:to="us-gaap_DebtInstrumentCarryingAmount_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_DebtInstrumentCarryingAmount_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument Carrying Amount</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DeferredFinanceCostsNet" xlink:type="locator" xlink:label="us-gaap_DeferredFinanceCostsNet" />
    <label xml:lang="en-US" xlink:label="us-gaap_DeferredFinanceCostsNet_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Senior Debt, Outstanding Unamortized Debt Costs</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredFinanceCostsNet" xlink:to="us-gaap_DeferredFinanceCostsNet_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_DeferredFinanceCostsNet_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Deferred Finance Costs Net</label>
    <label xml:lang="en-US" xlink:label="us-gaap_LongTermDebt_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Senior Debt, Outstanding Carrying Value</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_DebtInstrumentInterestRatePaymentDate" xlink:type="locator" xlink:label="lzd_DebtInstrumentInterestRatePaymentDate" />
    <label xml:lang="en-US" xlink:label="lzd_DebtInstrumentInterestRatePaymentDate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Debt instrument interest rate payment date.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_DebtInstrumentInterestRatePaymentDate" xlink:to="lzd_DebtInstrumentInterestRatePaymentDate_lbl" />
    <loc xlink:href="lzd-20181231.xsd#lzd_LazardGroupSixPointEightFivePercentSeniorNotesMember" xlink:type="locator" xlink:label="lzd_LazardGroupSixPointEightFivePercentSeniorNotesMember" />
    <label xml:lang="en-US" xlink:label="lzd_LazardGroupSixPointEightFivePercentSeniorNotesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Lazard Group six point eight five percent senior notes.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_LazardGroupSixPointEightFivePercentSeniorNotesMember" xlink:to="lzd_LazardGroupSixPointEightFivePercentSeniorNotesMember_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_LazardGroupSixPointEightFivePercentSeniorNotesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Lazard Group 6.85% Senior Notes [Member]</label>
    <label xml:lang="en-US" xlink:label="lzd_LazardGroupSixPointEightFivePercentSeniorNotesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Lazard Group Six Point Eight Five Percent Senior Notes [Member]</label>
    <label xml:lang="en-US" xlink:label="lzd_DebtInstrumentInterestRatePaymentDate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Interest rate, payment terms</label>
    <label xml:lang="en-US" xlink:label="lzd_DebtInstrumentInterestRatePaymentDate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument Interest Rate Payment Date</label>
    <label xml:lang="en-US" xlink:label="us-gaap_DebtInstrumentInterestRateStatedPercentage_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Senior notes interest rate</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ExtinguishmentOfDebtAmount" xlink:type="locator" xlink:label="us-gaap_ExtinguishmentOfDebtAmount" />
    <label xml:lang="en-US" xlink:label="us-gaap_ExtinguishmentOfDebtAmount_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Redemption of senior debt aggregate principal amount</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ExtinguishmentOfDebtAmount" xlink:to="us-gaap_ExtinguishmentOfDebtAmount_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_ExtinguishmentOfDebtAmount_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Extinguishment Of Debt Amount</label>
    <label xml:lang="en-US" xlink:label="us-gaap_DebtInstrumentMaturityDate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Original Maturity Date</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DebtInstrumentInterestRateEffectivePercentage" xlink:type="locator" xlink:label="us-gaap_DebtInstrumentInterestRateEffectivePercentage" />
    <label xml:lang="en-US" xlink:label="us-gaap_DebtInstrumentInterestRateEffectivePercentage_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Effective interest rates of senior notes</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentInterestRateEffectivePercentage" xlink:to="us-gaap_DebtInstrumentInterestRateEffectivePercentage_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_DebtInstrumentInterestRateEffectivePercentage_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument Interest Rate Effective Percentage</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_LineOfCreditFacilityExpiration" xlink:type="locator" xlink:label="lzd_LineOfCreditFacilityExpiration" />
    <label xml:lang="en-US" xlink:label="lzd_LineOfCreditFacilityExpiration_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Line of credit facility expiration.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_LineOfCreditFacilityExpiration" xlink:to="lzd_LineOfCreditFacilityExpiration_lbl" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_CreditFacilityAxis" xlink:type="locator" xlink:label="us-gaap_CreditFacilityAxis" />
    <label xml:lang="en-US" xlink:label="us-gaap_CreditFacilityAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Credit Facility</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CreditFacilityAxis" xlink:to="us-gaap_CreditFacilityAxis_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_CreditFacilityAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Credit Facility [Axis]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_CreditFacilityDomain" xlink:type="locator" xlink:label="us-gaap_CreditFacilityDomain" />
    <label xml:lang="en-US" xlink:label="us-gaap_CreditFacilityDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Credit Facility</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CreditFacilityDomain" xlink:to="us-gaap_CreditFacilityDomain_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_CreditFacilityDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Credit Facility [Domain]</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_AmendedAndRestatedCreditAgreementMember" xlink:type="locator" xlink:label="lzd_AmendedAndRestatedCreditAgreementMember" />
    <label xml:lang="en-US" xlink:label="lzd_AmendedAndRestatedCreditAgreementMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Amended and restated credit agreement.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_AmendedAndRestatedCreditAgreementMember" xlink:to="lzd_AmendedAndRestatedCreditAgreementMember_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_AmendedAndRestatedCreditAgreementMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amended and Restated Credit Agreement [Member]</label>
    <label xml:lang="en-US" xlink:label="lzd_AmendedAndRestatedCreditAgreementMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Amended And Restated Credit Agreement [Member]</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_LazardFreresBanqueSaMember" xlink:type="locator" xlink:label="lzd_LazardFreresBanqueSaMember" />
    <label xml:lang="en-US" xlink:label="lzd_LazardFreresBanqueSaMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Lazard Freres Banque SA.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_LazardFreresBanqueSaMember" xlink:to="lzd_LazardFreresBanqueSaMember_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_LazardFreresBanqueSaMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">LFB [Member]</label>
    <label xml:lang="en-US" xlink:label="lzd_LazardFreresBanqueSaMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Lazard Freres Banque Sa [Member]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_UnusedLinesOfCreditMember" xlink:type="locator" xlink:label="us-gaap_UnusedLinesOfCreditMember" />
    <label xml:lang="en-US" xlink:label="us-gaap_UnusedLinesOfCreditMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Unused Lines of Credit [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_UnusedLinesOfCreditMember" xlink:to="us-gaap_UnusedLinesOfCreditMember_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_UnusedLinesOfCreditMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Unused Lines Of Credit [Member]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity" xlink:type="locator" xlink:label="us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity" />
    <label xml:lang="en-US" xlink:label="us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Senior revolving credit facility</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity" xlink:to="us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Line Of Credit Facility Maximum Borrowing Capacity</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DebtInstrumentTerm" xlink:type="locator" xlink:label="us-gaap_DebtInstrumentTerm" />
    <label xml:lang="en-US" xlink:label="us-gaap_DebtInstrumentTerm_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Duration of senior revolving credit facility, in years</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentTerm" xlink:to="us-gaap_DebtInstrumentTerm_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_DebtInstrumentTerm_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument Term</label>
    <label xml:lang="en-US" xlink:label="lzd_LineOfCreditFacilityExpiration_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Expiration of credit facility</label>
    <label xml:lang="en-US" xlink:label="lzd_LineOfCreditFacilityExpiration_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Line Of Credit Facility Expiration</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_LineOfCredit" xlink:type="locator" xlink:label="us-gaap_LineOfCredit" />
    <label xml:lang="en-US" xlink:label="us-gaap_LineOfCredit_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Outstanding credit facility</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LineOfCredit" xlink:to="us-gaap_LineOfCredit_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_LineOfCredit_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Line Of Credit</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThreeToYearFive" xlink:type="locator" xlink:label="lzd_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThreeToYearFive" />
    <label xml:lang="en-US" xlink:label="lzd_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThreeToYearFive_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Long term debt maturities repayments of principal in year three to year five.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThreeToYearFive" xlink:to="lzd_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThreeToYearFive_lbl" />
    <loc xlink:href="lzd-20181231.xsd#lzd_SeniorBorrowingsOutstandingMember" xlink:type="locator" xlink:label="lzd_SeniorBorrowingsOutstandingMember" />
    <label xml:lang="en-US" xlink:label="lzd_SeniorBorrowingsOutstandingMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Senior borrowings outstanding.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_SeniorBorrowingsOutstandingMember" xlink:to="lzd_SeniorBorrowingsOutstandingMember_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_SeniorBorrowingsOutstandingMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Senior Borrowings Outstanding [Member]</label>
    <label xml:lang="en-US" xlink:label="lzd_SeniorBorrowingsOutstandingMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Senior Borrowings Outstanding [Member]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths" xlink:type="locator" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths" />
    <label xml:lang="en-US" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2019</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths" xlink:to="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Long Term Debt Maturities Repayments Of Principal In Next Twelve Months</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo" xlink:type="locator" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo" />
    <label xml:lang="en-US" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2020</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo" xlink:to="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Long Term Debt Maturities Repayments Of Principal In Year Two</label>
    <label xml:lang="en-US" xlink:label="lzd_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThreeToYearFive_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2021 - 2023</label>
    <label xml:lang="en-US" xlink:label="lzd_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThreeToYearFive_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Long Term Debt Maturities Repayments Of Principal In Year Three To Year Five</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive" xlink:type="locator" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive" />
    <label xml:lang="en-US" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Thereafter</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive" xlink:to="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Long Term Debt Maturities Repayments Of Principal After Year Five</label>
    <label xml:lang="en-US" xlink:label="us-gaap_DebtInstrumentCarryingAmount_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity" xlink:type="locator" xlink:label="us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity" />
    <label xml:lang="en-US" xlink:label="us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Unused lines of credit</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity" xlink:to="us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Line Of Credit Facility Remaining Borrowing Capacity</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_DurationOfficeSpaceAgreementsExpire" xlink:type="locator" xlink:label="lzd_DurationOfficeSpaceAgreementsExpire" />
    <label xml:lang="en-US" xlink:label="lzd_DurationOfficeSpaceAgreementsExpire_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Duration office space agreements expire.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_DurationOfficeSpaceAgreementsExpire" xlink:to="lzd_DurationOfficeSpaceAgreementsExpire_lbl" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OtherCommitmentsTable" xlink:type="locator" xlink:label="us-gaap_OtherCommitmentsTable" />
    <label xml:lang="en-US" xlink:label="us-gaap_OtherCommitmentsTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other Commitments [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherCommitmentsTable" xlink:to="us-gaap_OtherCommitmentsTable_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_OtherCommitmentsTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Other Commitments [Table]</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_BusinessAcquisitionsMember" xlink:type="locator" xlink:label="lzd_BusinessAcquisitionsMember" />
    <label xml:lang="en-US" xlink:label="lzd_BusinessAcquisitionsMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Business acquisitions.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_BusinessAcquisitionsMember" xlink:to="lzd_BusinessAcquisitionsMember_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_BusinessAcquisitionsMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Business Acquisitions [Member]</label>
    <label xml:lang="en-US" xlink:label="lzd_BusinessAcquisitionsMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Business Acquisitions [Member]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_StatementClassOfStockAxis" xlink:type="locator" xlink:label="us-gaap_StatementClassOfStockAxis" />
    <label xml:lang="en-US" xlink:label="us-gaap_StatementClassOfStockAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Class of Stock</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementClassOfStockAxis" xlink:to="us-gaap_StatementClassOfStockAxis_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_StatementClassOfStockAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Statement Class Of Stock [Axis]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ClassOfStockDomain" xlink:type="locator" xlink:label="us-gaap_ClassOfStockDomain" />
    <label xml:lang="en-US" xlink:label="us-gaap_ClassOfStockDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Class of Stock</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ClassOfStockDomain" xlink:to="us-gaap_ClassOfStockDomain_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_ClassOfStockDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Class Of Stock [Domain]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_CommonClassAMember" xlink:type="locator" xlink:label="us-gaap_CommonClassAMember" />
    <label xml:lang="en-US" xlink:label="us-gaap_CommonClassAMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Class A Common Stock [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonClassAMember" xlink:to="us-gaap_CommonClassAMember_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_CommonClassAMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Common Class A [Member]</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_LazardFreresAndCompanyLimitedLiabilityCompanyMember" xlink:type="locator" xlink:label="lzd_LazardFreresAndCompanyLimitedLiabilityCompanyMember" />
    <label xml:lang="en-US" xlink:label="lzd_LazardFreresAndCompanyLimitedLiabilityCompanyMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Lazard Freres and company limited liability company.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_LazardFreresAndCompanyLimitedLiabilityCompanyMember" xlink:to="lzd_LazardFreresAndCompanyLimitedLiabilityCompanyMember_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_LazardFreresAndCompanyLimitedLiabilityCompanyMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">LFNY [Member]</label>
    <label xml:lang="en-US" xlink:label="lzd_LazardFreresAndCompanyLimitedLiabilityCompanyMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Lazard Freres And Company Limited Liability Company [Member]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OtherCommitmentsLineItems" xlink:type="locator" xlink:label="us-gaap_OtherCommitmentsLineItems" />
    <label xml:lang="en-US" xlink:label="us-gaap_OtherCommitmentsLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other Commitments [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherCommitmentsLineItems" xlink:to="us-gaap_OtherCommitmentsLineItems_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_OtherCommitmentsLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Other Commitments [Line Items]</label>
    <label xml:lang="en-US" xlink:label="lzd_DurationOfficeSpaceAgreementsExpire_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Office space and equipment under non-cancelable lease agreements, expiration through year</label>
    <label xml:lang="en-US" xlink:label="lzd_DurationOfficeSpaceAgreementsExpire_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Duration Office Space Agreements Expire</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_DurationOfficeSpaceSubleaseAgreementsExpire" xlink:type="locator" xlink:label="lzd_DurationOfficeSpaceSubleaseAgreementsExpire" />
    <label xml:lang="en-US" xlink:label="lzd_DurationOfficeSpaceSubleaseAgreementsExpire_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Duration office space sublease agreements expire.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_DurationOfficeSpaceSubleaseAgreementsExpire" xlink:to="lzd_DurationOfficeSpaceSubleaseAgreementsExpire_lbl" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_LeaseAndRentalExpense" xlink:type="locator" xlink:label="us-gaap_LeaseAndRentalExpense" />
    <label xml:lang="en-US" xlink:label="us-gaap_LeaseAndRentalExpense_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Rental expense relating to operating leases</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LeaseAndRentalExpense" xlink:to="us-gaap_LeaseAndRentalExpense_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_LeaseAndRentalExpense_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Lease And Rental Expense</label>
    <label xml:lang="en-US" xlink:label="lzd_DurationOfficeSpaceSubleaseAgreementsExpire_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Office space under sublease agreements, expiration through year</label>
    <label xml:lang="en-US" xlink:label="lzd_DurationOfficeSpaceSubleaseAgreementsExpire_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Duration Office Space Sublease Agreements Expire</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OperatingLeasesIncomeStatementSubleaseRevenue" xlink:type="locator" xlink:label="us-gaap_OperatingLeasesIncomeStatementSubleaseRevenue" />
    <label xml:lang="en-US" xlink:label="us-gaap_OperatingLeasesIncomeStatementSubleaseRevenue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Sublease income</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLeasesIncomeStatementSubleaseRevenue" xlink:to="us-gaap_OperatingLeasesIncomeStatementSubleaseRevenue_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_OperatingLeasesIncomeStatementSubleaseRevenue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Operating Leases Income Statement Sublease Revenue</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_CapitalLeaseObligationsRecordedUnderSaleLeasebackTransactionsSettlementYear" xlink:type="locator" xlink:label="lzd_CapitalLeaseObligationsRecordedUnderSaleLeasebackTransactionsSettlementYear" />
    <label xml:lang="en-US" xlink:label="lzd_CapitalLeaseObligationsRecordedUnderSaleLeasebackTransactionsSettlementYear_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Capital lease obligations recorded under sale leaseback transactions, settlement year.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_CapitalLeaseObligationsRecordedUnderSaleLeasebackTransactionsSettlementYear" xlink:to="lzd_CapitalLeaseObligationsRecordedUnderSaleLeasebackTransactionsSettlementYear_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_CapitalLeaseObligationsRecordedUnderSaleLeasebackTransactionsSettlementYear_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Capital lease obligation paid through</label>
    <label xml:lang="en-US" xlink:label="lzd_CapitalLeaseObligationsRecordedUnderSaleLeasebackTransactionsSettlementYear_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Capital Lease Obligations Recorded Under Sale Leaseback Transactions Settlement Year</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_OperatingLeasesFutureMinimumPaymentsDueNetOfSubleaseRentals" xlink:type="locator" xlink:label="lzd_OperatingLeasesFutureMinimumPaymentsDueNetOfSubleaseRentals" />
    <label xml:lang="en-US" xlink:label="lzd_OperatingLeasesFutureMinimumPaymentsDueNetOfSubleaseRentals_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Operating leases future minimum payments due net of sublease rentals.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_OperatingLeasesFutureMinimumPaymentsDueNetOfSubleaseRentals" xlink:to="lzd_OperatingLeasesFutureMinimumPaymentsDueNetOfSubleaseRentals_lbl" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent" xlink:type="locator" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent" />
    <label xml:lang="en-US" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Minimum Rental Commitments Operating - 2019</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent" xlink:to="us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Operating Leases Future Minimum Payments Due Current</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears" xlink:type="locator" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears" />
    <label xml:lang="en-US" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Minimum Rental Commitments Operating - 2020</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears" xlink:to="us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Operating Leases Future Minimum Payments Due In Two Years</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears" xlink:type="locator" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears" />
    <label xml:lang="en-US" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Minimum Rental Commitments Operating - 2021</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears" xlink:to="us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Operating Leases Future Minimum Payments Due In Three Years</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears" xlink:type="locator" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears" />
    <label xml:lang="en-US" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Minimum Rental Commitments Operating - 2022</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears" xlink:to="us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Operating Leases Future Minimum Payments Due In Four Years</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears" xlink:type="locator" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears" />
    <label xml:lang="en-US" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Minimum Rental Commitments Operating - 2023</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears" xlink:to="us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Operating Leases Future Minimum Payments Due In Five Years</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter" xlink:type="locator" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter" />
    <label xml:lang="en-US" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Minimum Rental Commitments Operating - Thereafter</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter" xlink:to="us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Operating Leases Future Minimum Payments Due Thereafter</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDue" xlink:type="locator" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDue" />
    <label xml:lang="en-US" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total minimum rental commitments</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLeasesFutureMinimumPaymentsDue" xlink:to="us-gaap_OperatingLeasesFutureMinimumPaymentsDue_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Operating Leases Future Minimum Payments Due</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueFutureMinimumSubleaseRentals" xlink:type="locator" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDueFutureMinimumSubleaseRentals" />
    <label xml:lang="en-US" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDueFutureMinimumSubleaseRentals_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Less - sublease proceeds</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLeasesFutureMinimumPaymentsDueFutureMinimumSubleaseRentals" xlink:to="us-gaap_OperatingLeasesFutureMinimumPaymentsDueFutureMinimumSubleaseRentals_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDueFutureMinimumSubleaseRentals_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Operating Leases Future Minimum Payments Due Future Minimum Sublease Rentals</label>
    <label xml:lang="en-US" xlink:label="lzd_OperatingLeasesFutureMinimumPaymentsDueNetOfSubleaseRentals_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net rental commitments</label>
    <label xml:lang="en-US" xlink:label="lzd_OperatingLeasesFutureMinimumPaymentsDueNetOfSubleaseRentals_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Operating Leases Future Minimum Payments Due Net Of Sublease Rentals</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_GuarantorObligationsCollateralHeld" xlink:type="locator" xlink:label="lzd_GuarantorObligationsCollateralHeld" />
    <label xml:lang="en-US" xlink:label="lzd_GuarantorObligationsCollateralHeld_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Guarantor obligations collateral held.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_GuarantorObligationsCollateralHeld" xlink:to="lzd_GuarantorObligationsCollateralHeld_lbl" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_GuaranteeObligationsMaximumExposure" xlink:type="locator" xlink:label="us-gaap_GuaranteeObligationsMaximumExposure" />
    <label xml:lang="en-US" xlink:label="us-gaap_GuaranteeObligationsMaximumExposure_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Guarantees indemnifications</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GuaranteeObligationsMaximumExposure" xlink:to="us-gaap_GuaranteeObligationsMaximumExposure_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_GuaranteeObligationsMaximumExposure_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Guarantee Obligations Maximum Exposure</label>
    <label xml:lang="en-US" xlink:label="lzd_GuarantorObligationsCollateralHeld_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Collateral/counter-guarantees</label>
    <label xml:lang="en-US" xlink:label="lzd_GuarantorObligationsCollateralHeld_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Guarantor Obligations Collateral Held</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_BusinessAcquisitionEquityInterestsIssuableUponSatisfactionOfPerformanceThresholds" xlink:type="locator" xlink:label="lzd_BusinessAcquisitionEquityInterestsIssuableUponSatisfactionOfPerformanceThresholds" />
    <label xml:lang="en-US" xlink:label="lzd_BusinessAcquisitionEquityInterestsIssuableUponSatisfactionOfPerformanceThresholds_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Business acquisition equity interests issuable upon satisfaction of performance thresholds.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_BusinessAcquisitionEquityInterestsIssuableUponSatisfactionOfPerformanceThresholds" xlink:to="lzd_BusinessAcquisitionEquityInterestsIssuableUponSatisfactionOfPerformanceThresholds_lbl" />
    <loc xlink:href="lzd-20181231.xsd#lzd_BusinessAcquisitionContingentConsiderationSharesEarned" xlink:type="locator" xlink:label="lzd_BusinessAcquisitionContingentConsiderationSharesEarned" />
    <label xml:lang="en-US" xlink:label="lzd_BusinessAcquisitionContingentConsiderationSharesEarned_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Business acquisition contingent consideration shares earned.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_BusinessAcquisitionContingentConsiderationSharesEarned" xlink:to="lzd_BusinessAcquisitionContingentConsiderationSharesEarned_lbl" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued" xlink:type="locator" xlink:label="us-gaap_BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued" />
    <label xml:lang="en-US" xlink:label="us-gaap_BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common stock issued and issuable</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued" xlink:to="us-gaap_BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Business Acquisition Equity Interests Issued Or Issuable Number Of Shares Issued</label>
    <label xml:lang="en-US" xlink:label="lzd_BusinessAcquisitionEquityInterestsIssuableUponSatisfactionOfPerformanceThresholds_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Contingent shares issuable upon satisfaction of performance thresholds</label>
    <label xml:lang="en-US" xlink:label="lzd_BusinessAcquisitionEquityInterestsIssuableUponSatisfactionOfPerformanceThresholds_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Business Acquisition Equity Interests Issuable Upon Satisfaction Of Performance Thresholds</label>
    <label xml:lang="en-US" xlink:label="lzd_BusinessAcquisitionContingentConsiderationSharesEarned_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of contingent additional shares earned</label>
    <label xml:lang="en-US" xlink:label="lzd_BusinessAcquisitionContingentConsiderationSharesEarned_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Business Acquisition Contingent Consideration Shares Earned</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OtherCommitment" xlink:type="locator" xlink:label="us-gaap_OtherCommitment" />
    <label xml:lang="en-US" xlink:label="us-gaap_OtherCommitment_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other commitments</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherCommitment" xlink:to="us-gaap_OtherCommitment_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_OtherCommitment_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Other Commitment</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_DistributionToMembers" xlink:type="locator" xlink:label="lzd_DistributionToMembers" />
    <label xml:lang="en-US" xlink:label="lzd_DistributionToMembers_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Distribution to members.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_DistributionToMembers" xlink:to="lzd_DistributionToMembers_lbl" />
    <loc xlink:href="lzd-20181231.xsd#lzd_ScheduleOfStockholdersEquityLineItems" xlink:type="locator" xlink:label="lzd_ScheduleOfStockholdersEquityLineItems" />
    <label xml:lang="en-US" xlink:label="lzd_ScheduleOfStockholdersEquityLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Schedule of stockholders equity.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_ScheduleOfStockholdersEquityLineItems" xlink:to="lzd_ScheduleOfStockholdersEquityLineItems_lbl" />
    <loc xlink:href="lzd-20181231.xsd#lzd_ScheduleOfStockholdersEquityTable" xlink:type="locator" xlink:label="lzd_ScheduleOfStockholdersEquityTable" />
    <label xml:lang="en-US" xlink:label="lzd_ScheduleOfStockholdersEquityTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Schedule of stockholders&apos; equity table.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_ScheduleOfStockholdersEquityTable" xlink:to="lzd_ScheduleOfStockholdersEquityTable_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_ScheduleOfStockholdersEquityTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule Of Stockholders Equity [Table]</label>
    <label xml:lang="en-US" xlink:label="lzd_ScheduleOfStockholdersEquityTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Schedule Of Stockholders Equity [Table]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ExecutiveOfficerMember" xlink:type="locator" xlink:label="us-gaap_ExecutiveOfficerMember" />
    <label xml:lang="en-US" xlink:label="us-gaap_ExecutiveOfficerMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Executive Officers [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ExecutiveOfficerMember" xlink:to="us-gaap_ExecutiveOfficerMember_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_ExecutiveOfficerMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Executive Officer [Member]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareRepurchaseProgramAxis" xlink:type="locator" xlink:label="us-gaap_ShareRepurchaseProgramAxis" />
    <label xml:lang="en-US" xlink:label="us-gaap_ShareRepurchaseProgramAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Share Repurchase Program</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareRepurchaseProgramAxis" xlink:to="us-gaap_ShareRepurchaseProgramAxis_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_ShareRepurchaseProgramAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Share Repurchase Program [Axis]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareRepurchaseProgramDomain" xlink:type="locator" xlink:label="us-gaap_ShareRepurchaseProgramDomain" />
    <label xml:lang="en-US" xlink:label="us-gaap_ShareRepurchaseProgramDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Share Repurchase Program</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareRepurchaseProgramDomain" xlink:to="us-gaap_ShareRepurchaseProgramDomain_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_ShareRepurchaseProgramDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Share Repurchase Program [Domain]</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_ShareRepurchaseProgramDateAprilTwoThousandAndEighteenAndOctoberTwoThousandAndEighteenMember" xlink:type="locator" xlink:label="lzd_ShareRepurchaseProgramDateAprilTwoThousandAndEighteenAndOctoberTwoThousandAndEighteenMember" />
    <label xml:lang="en-US" xlink:label="lzd_ShareRepurchaseProgramDateAprilTwoThousandAndEighteenAndOctoberTwoThousandAndEighteenMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Share repurchase program date April two thousand and eighteen and October two thousand and eighteen.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_ShareRepurchaseProgramDateAprilTwoThousandAndEighteenAndOctoberTwoThousandAndEighteenMember" xlink:to="lzd_ShareRepurchaseProgramDateAprilTwoThousandAndEighteenAndOctoberTwoThousandAndEighteenMember_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_ShareRepurchaseProgramDateAprilTwoThousandAndEighteenAndOctoberTwoThousandAndEighteenMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">April, 2018 and October, 2018 [Member]</label>
    <label xml:lang="en-US" xlink:label="lzd_ShareRepurchaseProgramDateAprilTwoThousandAndEighteenAndOctoberTwoThousandAndEighteenMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Share Repurchase Program Date April Two Thousand And Eighteen And October Two Thousand And Eighteen [Member]</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_ShareRepurchaseProgramDateFebruaryFourTwoThousandNineteenMember" xlink:type="locator" xlink:label="lzd_ShareRepurchaseProgramDateFebruaryFourTwoThousandNineteenMember" />
    <label xml:lang="en-US" xlink:label="lzd_ShareRepurchaseProgramDateFebruaryFourTwoThousandNineteenMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Share repurchase program date February four two thousand nineteen.</label>
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    <label xml:lang="en-US" xlink:label="lzd_ShareRepurchaseProgramDateFebruaryFourTwoThousandNineteenMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">February 4, 2019 [Member]</label>
    <label xml:lang="en-US" xlink:label="lzd_ShareRepurchaseProgramDateFebruaryFourTwoThousandNineteenMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Share Repurchase Program Date February Four Two Thousand Nineteen [Member]</label>
    <label xml:lang="en-US" xlink:label="lzd_ScheduleOfStockholdersEquityLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule Of Stockholders Equity [Line Items]</label>
    <label xml:lang="en-US" xlink:label="lzd_ScheduleOfStockholdersEquityLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Schedule Of Stockholders Equity [Line Items]</label>
    <label xml:lang="en-US" xlink:label="lzd_DistributionToMembers_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Distribution to members</label>
    <label xml:lang="en-US" xlink:label="lzd_DistributionToMembers_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Distribution To Members</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_ShareRepurchaseProgramAbstract" xlink:type="locator" xlink:label="lzd_ShareRepurchaseProgramAbstract" />
    <label xml:lang="en-US" xlink:label="lzd_ShareRepurchaseProgramAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Share repurchase program.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_ShareRepurchaseProgramAbstract" xlink:to="lzd_ShareRepurchaseProgramAbstract_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_ShareRepurchaseProgramAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Share Repurchase Program [Abstract]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ClassOfTreasuryStockTable" xlink:type="locator" xlink:label="us-gaap_ClassOfTreasuryStockTable" />
    <label xml:lang="en-US" xlink:label="us-gaap_ClassOfTreasuryStockTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Class Of Treasury Stock [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ClassOfTreasuryStockTable" xlink:to="us-gaap_ClassOfTreasuryStockTable_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_ClassOfTreasuryStockTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Class Of Treasury Stock [Table]</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_ShareRepurchaseProgramDateFebruaryTwoThousandAndFifteenMember" xlink:type="locator" xlink:label="lzd_ShareRepurchaseProgramDateFebruaryTwoThousandAndFifteenMember" />
    <label xml:lang="en-US" xlink:label="lzd_ShareRepurchaseProgramDateFebruaryTwoThousandAndFifteenMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Share repurchase program date February two thousand and fifteen.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_ShareRepurchaseProgramDateFebruaryTwoThousandAndFifteenMember" xlink:to="lzd_ShareRepurchaseProgramDateFebruaryTwoThousandAndFifteenMember_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_ShareRepurchaseProgramDateFebruaryTwoThousandAndFifteenMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">February, 2015 [Member]</label>
    <label xml:lang="en-US" xlink:label="lzd_ShareRepurchaseProgramDateFebruaryTwoThousandAndFifteenMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Share Repurchase Program Date February Two Thousand And Fifteen [Member]</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_ShareRepurchaseProgramDateJanuaryTwoThousandAndSixteenMember" xlink:type="locator" xlink:label="lzd_ShareRepurchaseProgramDateJanuaryTwoThousandAndSixteenMember" />
    <label xml:lang="en-US" xlink:label="lzd_ShareRepurchaseProgramDateJanuaryTwoThousandAndSixteenMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Share repurchase program date January two thousand and sixteen.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_ShareRepurchaseProgramDateJanuaryTwoThousandAndSixteenMember" xlink:to="lzd_ShareRepurchaseProgramDateJanuaryTwoThousandAndSixteenMember_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_ShareRepurchaseProgramDateJanuaryTwoThousandAndSixteenMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">January, 2016 [Member]</label>
    <label xml:lang="en-US" xlink:label="lzd_ShareRepurchaseProgramDateJanuaryTwoThousandAndSixteenMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Share Repurchase Program Date January Two Thousand And Sixteen [Member]</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_ShareRepurchaseProgramDateAprilTwoThousandAndSixteenMember" xlink:type="locator" xlink:label="lzd_ShareRepurchaseProgramDateAprilTwoThousandAndSixteenMember" />
    <label xml:lang="en-US" xlink:label="lzd_ShareRepurchaseProgramDateAprilTwoThousandAndSixteenMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Share repurchase program date April two thousand and sixteen.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_ShareRepurchaseProgramDateAprilTwoThousandAndSixteenMember" xlink:to="lzd_ShareRepurchaseProgramDateAprilTwoThousandAndSixteenMember_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_ShareRepurchaseProgramDateAprilTwoThousandAndSixteenMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">April, 2016 [Member]</label>
    <label xml:lang="en-US" xlink:label="lzd_ShareRepurchaseProgramDateAprilTwoThousandAndSixteenMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Share Repurchase Program Date April Two Thousand And Sixteen [Member]</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_ShareRepurchaseProgramDateNovemberTwoThousandAndSixteenMember" xlink:type="locator" xlink:label="lzd_ShareRepurchaseProgramDateNovemberTwoThousandAndSixteenMember" />
    <label xml:lang="en-US" xlink:label="lzd_ShareRepurchaseProgramDateNovemberTwoThousandAndSixteenMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Share repurchase program date November two thousand and sixteen</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_ShareRepurchaseProgramDateNovemberTwoThousandAndSixteenMember" xlink:to="lzd_ShareRepurchaseProgramDateNovemberTwoThousandAndSixteenMember_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_ShareRepurchaseProgramDateNovemberTwoThousandAndSixteenMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">November, 2016 [Member]</label>
    <label xml:lang="en-US" xlink:label="lzd_ShareRepurchaseProgramDateNovemberTwoThousandAndSixteenMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Share Repurchase Program Date November Two Thousand And Sixteen [Member]</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_ShareRepurchaseProgramDateOctoberTwoThousandAndSeventeenMember" xlink:type="locator" xlink:label="lzd_ShareRepurchaseProgramDateOctoberTwoThousandAndSeventeenMember" />
    <label xml:lang="en-US" xlink:label="lzd_ShareRepurchaseProgramDateOctoberTwoThousandAndSeventeenMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Share repurchase program date October two thousand and seventeen.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_ShareRepurchaseProgramDateOctoberTwoThousandAndSeventeenMember" xlink:to="lzd_ShareRepurchaseProgramDateOctoberTwoThousandAndSeventeenMember_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_ShareRepurchaseProgramDateOctoberTwoThousandAndSeventeenMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">October, 2017 [Member]</label>
    <label xml:lang="en-US" xlink:label="lzd_ShareRepurchaseProgramDateOctoberTwoThousandAndSeventeenMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Share Repurchase Program Date October Two Thousand And Seventeen [Member]</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_ShareRepurchaseProgramDateAprilTwoThousandAndEighteenMember" xlink:type="locator" xlink:label="lzd_ShareRepurchaseProgramDateAprilTwoThousandAndEighteenMember" />
    <label xml:lang="en-US" xlink:label="lzd_ShareRepurchaseProgramDateAprilTwoThousandAndEighteenMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Share repurchase program date April two thousand and eighteen.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_ShareRepurchaseProgramDateAprilTwoThousandAndEighteenMember" xlink:to="lzd_ShareRepurchaseProgramDateAprilTwoThousandAndEighteenMember_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_ShareRepurchaseProgramDateAprilTwoThousandAndEighteenMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">April, 2018 [Member]</label>
    <label xml:lang="en-US" xlink:label="lzd_ShareRepurchaseProgramDateAprilTwoThousandAndEighteenMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Share Repurchase Program Date April Two Thousand And Eighteen [Member]</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_ShareRepurchaseProgramDateOctoberTwoThousandAndEighteenMember" xlink:type="locator" xlink:label="lzd_ShareRepurchaseProgramDateOctoberTwoThousandAndEighteenMember" />
    <label xml:lang="en-US" xlink:label="lzd_ShareRepurchaseProgramDateOctoberTwoThousandAndEighteenMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Share repurchase program date October two thousand and eighteen.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_ShareRepurchaseProgramDateOctoberTwoThousandAndEighteenMember" xlink:to="lzd_ShareRepurchaseProgramDateOctoberTwoThousandAndEighteenMember_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_ShareRepurchaseProgramDateOctoberTwoThousandAndEighteenMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">October, 2018 [Member]</label>
    <label xml:lang="en-US" xlink:label="lzd_ShareRepurchaseProgramDateOctoberTwoThousandAndEighteenMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Share Repurchase Program Date October Two Thousand And Eighteen [Member]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_EquityClassOfTreasuryStockLineItems" xlink:type="locator" xlink:label="us-gaap_EquityClassOfTreasuryStockLineItems" />
    <label xml:lang="en-US" xlink:label="us-gaap_EquityClassOfTreasuryStockLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Equity, Class of Treasury Stock [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EquityClassOfTreasuryStockLineItems" xlink:to="us-gaap_EquityClassOfTreasuryStockLineItems_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_EquityClassOfTreasuryStockLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Equity Class Of Treasury Stock [Line Items]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_StockRepurchaseProgramAuthorizedAmount1" xlink:type="locator" xlink:label="us-gaap_StockRepurchaseProgramAuthorizedAmount1" />
    <label xml:lang="en-US" xlink:label="us-gaap_StockRepurchaseProgramAuthorizedAmount1_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Share Repurchase Authorization</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockRepurchaseProgramAuthorizedAmount1" xlink:to="us-gaap_StockRepurchaseProgramAuthorizedAmount1_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_StockRepurchaseProgramAuthorizedAmount1_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Stock Repurchase Program Authorized Amount1</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_StockRepurchaseProgramExpirationDate" xlink:type="locator" xlink:label="us-gaap_StockRepurchaseProgramExpirationDate" />
    <label xml:lang="en-US" xlink:label="us-gaap_StockRepurchaseProgramExpirationDate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Expiration</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockRepurchaseProgramExpirationDate" xlink:to="us-gaap_StockRepurchaseProgramExpirationDate_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_StockRepurchaseProgramExpirationDate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Stock Repurchase Program Expiration Date</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_AveragePricePerCommonShare" xlink:type="locator" xlink:label="lzd_AveragePricePerCommonShare" />
    <label xml:lang="en-US" xlink:label="lzd_AveragePricePerCommonShare_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Average price per common share.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_AveragePricePerCommonShare" xlink:to="lzd_AveragePricePerCommonShare_lbl" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_StockRepurchasedDuringPeriodShares" xlink:type="locator" xlink:label="us-gaap_StockRepurchasedDuringPeriodShares" />
    <label xml:lang="en-US" xlink:label="us-gaap_StockRepurchasedDuringPeriodShares_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of Shares Purchased</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockRepurchasedDuringPeriodShares" xlink:to="us-gaap_StockRepurchasedDuringPeriodShares_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_StockRepurchasedDuringPeriodShares_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Stock Repurchased During Period Shares</label>
    <label xml:lang="en-US" xlink:label="lzd_AveragePricePerCommonShare_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Average Price Per Share</label>
    <label xml:lang="en-US" xlink:label="lzd_AveragePricePerCommonShare_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Average Price Per Common Share</label>
    <label xml:lang="en-US" xlink:label="us-gaap_StockRepurchasedDuringPeriodValue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Aggregate value of all shares repurchased</label>
    <label xml:lang="en-US" xlink:label="us-gaap_StockRepurchasedDuringPeriodShares_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Shares repurchased under the share repurchase program</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1" xlink:type="locator" xlink:label="us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1" />
    <label xml:lang="en-US" xlink:label="us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Share repurchase remaining authorization</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1" xlink:to="us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Stock Repurchase Program Remaining Authorized Repurchase Amount1</label>
    <label xml:lang="en-US" xlink:label="us-gaap_StockRepurchaseProgramExpirationDate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Share repurchase authorization expiration date</label>
    <label xml:lang="en-US" xlink:label="us-gaap_StockRepurchaseProgramAuthorizedAmount1_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Share repurchase authorization</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossTable" xlink:type="locator" xlink:label="us-gaap_AccumulatedOtherComprehensiveIncomeLossTable" />
    <label xml:lang="en-US" xlink:label="us-gaap_AccumulatedOtherComprehensiveIncomeLossTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accumulated Other Comprehensive Income Loss [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccumulatedOtherComprehensiveIncomeLossTable" xlink:to="us-gaap_AccumulatedOtherComprehensiveIncomeLossTable_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_AccumulatedOtherComprehensiveIncomeLossTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Accumulated Other Comprehensive Income Loss [Table]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AccumulatedForeignCurrencyAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember" xlink:type="locator" xlink:label="us-gaap_AccumulatedForeignCurrencyAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember" />
    <label xml:lang="en-US" xlink:label="us-gaap_AccumulatedForeignCurrencyAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Currency Translation Adjustments [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccumulatedForeignCurrencyAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember" xlink:to="us-gaap_AccumulatedForeignCurrencyAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_AccumulatedForeignCurrencyAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Accumulated Foreign Currency Adjustment Including Portion Attributable To Noncontrolling Interest [Member]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AccumulatedDefinedBenefitPlansAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember" xlink:type="locator" xlink:label="us-gaap_AccumulatedDefinedBenefitPlansAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember" />
    <label xml:lang="en-US" xlink:label="us-gaap_AccumulatedDefinedBenefitPlansAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Employee Benefit Plans [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccumulatedDefinedBenefitPlansAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember" xlink:to="us-gaap_AccumulatedDefinedBenefitPlansAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_AccumulatedDefinedBenefitPlansAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Accumulated Defined Benefit Plans Adjustment Including Portion Attributable To Noncontrolling Interest [Member]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AociAttributableToNoncontrollingInterestMember" xlink:type="locator" xlink:label="us-gaap_AociAttributableToNoncontrollingInterestMember" />
    <label xml:lang="en-US" xlink:label="us-gaap_AociAttributableToNoncontrollingInterestMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">AOCI Attributable to Noncontrolling Interest [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AociAttributableToNoncontrollingInterestMember" xlink:to="us-gaap_AociAttributableToNoncontrollingInterestMember_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_AociAttributableToNoncontrollingInterestMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Aoci Attributable To Noncontrolling Interest [Member]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AociIncludingPortionAttributableToNoncontrollingInterestMember" xlink:type="locator" xlink:label="us-gaap_AociIncludingPortionAttributableToNoncontrollingInterestMember" />
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    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:type="locator" xlink:label="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" />
    <label xml:lang="en-US" xlink:label="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Balance</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:to="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_lbl" />
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    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax" xlink:type="locator" xlink:label="us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax" />
    <label xml:lang="en-US" xlink:label="us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other comprehensive income (loss) before reclassifications</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax" xlink:to="us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Other Comprehensive Income Loss Before Reclassifications Net Of Tax</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax" xlink:type="locator" xlink:label="us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax" />
    <label xml:lang="en-US" xlink:label="us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Adjustments for items reclassified to earnings, net of tax</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax" xlink:to="us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax</label>
    <label xml:lang="en-US" xlink:label="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Balance</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTaxAbstract" xlink:type="locator" xlink:label="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTaxAbstract" />
    <label xml:lang="en-US" xlink:label="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTaxAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Accumulated Other Comprehensive Income Loss Net Of Tax [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTaxAbstract" xlink:to="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTaxAbstract_lbl" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTable" xlink:type="locator" xlink:label="us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTable" />
    <label xml:lang="en-US" xlink:label="us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Reclassification Out Of Accumulated Other Comprehensive Income [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTable" xlink:to="us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTable_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Reclassification Out Of Accumulated Other Comprehensive Income [Table]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AccumulatedDefinedBenefitPlansAdjustmentMember" xlink:type="locator" xlink:label="us-gaap_AccumulatedDefinedBenefitPlansAdjustmentMember" />
    <label xml:lang="en-US" xlink:label="us-gaap_AccumulatedDefinedBenefitPlansAdjustmentMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accumulated Defined Benefit Plans Adjustment [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccumulatedDefinedBenefitPlansAdjustmentMember" xlink:to="us-gaap_AccumulatedDefinedBenefitPlansAdjustmentMember_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_AccumulatedDefinedBenefitPlansAdjustmentMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Accumulated Defined Benefit Plans Adjustment [Member]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ReclassificationAdjustmentOutOfAccumulatedOtherComprehensiveIncomeLineItems" xlink:type="locator" xlink:label="us-gaap_ReclassificationAdjustmentOutOfAccumulatedOtherComprehensiveIncomeLineItems" />
    <label xml:lang="en-US" xlink:label="us-gaap_ReclassificationAdjustmentOutOfAccumulatedOtherComprehensiveIncomeLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ReclassificationAdjustmentOutOfAccumulatedOtherComprehensiveIncomeLineItems" xlink:to="us-gaap_ReclassificationAdjustmentOutOfAccumulatedOtherComprehensiveIncomeLineItems_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_ReclassificationAdjustmentOutOfAccumulatedOtherComprehensiveIncomeLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax" xlink:type="locator" xlink:label="us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax" />
    <label xml:lang="en-US" xlink:label="us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Amortization relating to employee benefit plans</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax" xlink:to="us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ReclassificationFromAociCurrentPeriodTax" xlink:type="locator" xlink:label="us-gaap_ReclassificationFromAociCurrentPeriodTax" />
    <label xml:lang="en-US" xlink:label="us-gaap_ReclassificationFromAociCurrentPeriodTax_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Less - related income taxes</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ReclassificationFromAociCurrentPeriodTax" xlink:to="us-gaap_ReclassificationFromAociCurrentPeriodTax_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_ReclassificationFromAociCurrentPeriodTax_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Reclassification From Aoci Current Period Tax</label>
    <label xml:lang="en-US" xlink:label="us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel">Total reclassifications, net of tax</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_MinorityInterestTable" xlink:type="locator" xlink:label="us-gaap_MinorityInterestTable" />
    <label xml:lang="en-US" xlink:label="us-gaap_MinorityInterestTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Minority Interest [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_MinorityInterestTable" xlink:to="us-gaap_MinorityInterestTable_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_MinorityInterestTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Minority Interest [Table]</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_EdgewaterMember" xlink:type="locator" xlink:label="lzd_EdgewaterMember" />
    <label xml:lang="en-US" xlink:label="lzd_EdgewaterMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Edgewater.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_EdgewaterMember" xlink:to="lzd_EdgewaterMember_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_EdgewaterMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Edgewater [Member]</label>
    <label xml:lang="en-US" xlink:label="lzd_EdgewaterMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Edgewater [Member]</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_OtherEntityMember" xlink:type="locator" xlink:label="lzd_OtherEntityMember" />
    <label xml:lang="en-US" xlink:label="lzd_OtherEntityMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Other entity.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_OtherEntityMember" xlink:to="lzd_OtherEntityMember_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_OtherEntityMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other [Member]</label>
    <label xml:lang="en-US" xlink:label="lzd_OtherEntityMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Other Entity [Member]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_MinorityInterestLineItems" xlink:type="locator" xlink:label="us-gaap_MinorityInterestLineItems" />
    <label xml:lang="en-US" xlink:label="us-gaap_MinorityInterestLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Change In Ownership Interest [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_MinorityInterestLineItems" xlink:to="us-gaap_MinorityInterestLineItems_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_MinorityInterestLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Minority Interest [Line Items]</label>
    <label xml:lang="en-US" xlink:label="us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Net Income Attributable to Noncontrolling Interests</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:type="locator" xlink:label="us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" />
    <label xml:lang="en-US" xlink:label="us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule Of Share Based Compensation Arrangements By Share Based Payment Award [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:to="us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Schedule Of Share Based Compensation Arrangements By Share Based Payment Award [Table]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PlanNameAxis" xlink:type="locator" xlink:label="us-gaap_PlanNameAxis" />
    <label xml:lang="en-US" xlink:label="us-gaap_PlanNameAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Plan Name</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PlanNameAxis" xlink:to="us-gaap_PlanNameAxis_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_PlanNameAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Plan Name [Axis]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PlanNameDomain" xlink:type="locator" xlink:label="us-gaap_PlanNameDomain" />
    <label xml:lang="en-US" xlink:label="us-gaap_PlanNameDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Plan Name</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PlanNameDomain" xlink:to="us-gaap_PlanNameDomain_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_PlanNameDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Plan Name [Domain]</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_TwoThousandAndEighteenPlanMember" xlink:type="locator" xlink:label="lzd_TwoThousandAndEighteenPlanMember" />
    <label xml:lang="en-US" xlink:label="lzd_TwoThousandAndEighteenPlanMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Two thousand and eighteen plan.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_TwoThousandAndEighteenPlanMember" xlink:to="lzd_TwoThousandAndEighteenPlanMember_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_TwoThousandAndEighteenPlanMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2018 Equity Incentive Plan [Member]</label>
    <label xml:lang="en-US" xlink:label="lzd_TwoThousandAndEighteenPlanMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Two Thousand And Eighteen Plan [Member]</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_AwardedUnderTwoThousandEightPlanMember" xlink:type="locator" xlink:label="lzd_AwardedUnderTwoThousandEightPlanMember" />
    <label xml:lang="en-US" xlink:label="lzd_AwardedUnderTwoThousandEightPlanMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Awarded under two thousand eight plan.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_AwardedUnderTwoThousandEightPlanMember" xlink:to="lzd_AwardedUnderTwoThousandEightPlanMember_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_AwardedUnderTwoThousandEightPlanMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Awarded Under 2008 Plan [Member]</label>
    <label xml:lang="en-US" xlink:label="lzd_AwardedUnderTwoThousandEightPlanMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Awarded Under Two Thousand Eight Plan [Member]</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_TwoThousandAndFivePlanMember" xlink:type="locator" xlink:label="lzd_TwoThousandAndFivePlanMember" />
    <label xml:lang="en-US" xlink:label="lzd_TwoThousandAndFivePlanMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Two thousand and five plan.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_TwoThousandAndFivePlanMember" xlink:to="lzd_TwoThousandAndFivePlanMember_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_TwoThousandAndFivePlanMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2005 Equity Incentive Plan [Member]</label>
    <label xml:lang="en-US" xlink:label="lzd_TwoThousandAndFivePlanMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Two Thousand And Five Plan [Member]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_RestrictedStockUnitsRSUMember" xlink:type="locator" xlink:label="us-gaap_RestrictedStockUnitsRSUMember" />
    <label xml:lang="en-US" xlink:label="us-gaap_RestrictedStockUnitsRSUMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">RSUs [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RestrictedStockUnitsRSUMember" xlink:to="us-gaap_RestrictedStockUnitsRSUMember_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_RestrictedStockUnitsRSUMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Restricted Stock Units R S U [Member]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_TitleOfIndividualAxis" xlink:type="locator" xlink:label="us-gaap_TitleOfIndividualAxis" />
    <label xml:lang="en-US" xlink:label="us-gaap_TitleOfIndividualAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Title of Individual</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TitleOfIndividualAxis" xlink:to="us-gaap_TitleOfIndividualAxis_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_TitleOfIndividualAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Title Of Individual [Axis]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_TitleOfIndividualWithRelationshipToEntityDomain" xlink:type="locator" xlink:label="us-gaap_TitleOfIndividualWithRelationshipToEntityDomain" />
    <label xml:lang="en-US" xlink:label="us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Relationship to Entity</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TitleOfIndividualWithRelationshipToEntityDomain" xlink:to="us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_lbl" />
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    <loc xlink:href="lzd-20181231.xsd#lzd_NonExecutiveMember" xlink:type="locator" xlink:label="lzd_NonExecutiveMember" />
    <label xml:lang="en-US" xlink:label="lzd_NonExecutiveMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Non-executive.</label>
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    <label xml:lang="en-US" xlink:label="lzd_DeferredStockUnitMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Deferred stock unit.</label>
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    <label xml:lang="en-US" xlink:label="lzd_DeferredStockUnitMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">DSUs [Member]</label>
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    <label xml:lang="en-US" xlink:label="us-gaap_RestrictedStockMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Restricted Stock [Member]</label>
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    <label xml:lang="en-US" xlink:label="us-gaap_RestrictedStockMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Restricted Stock [Member]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:type="locator" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" />
    <label xml:lang="en-US" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Share-based Compensation Arrangement by Share-based Payment Award [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Share Based Compensation Arrangement By Share Based Payment Award [Line Items]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized" xlink:type="locator" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized" />
    <label xml:lang="en-US" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Shares authorized pertaining to share based compensation arrangements</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_PercentageOfOutstandingSharesAvailableUnderAnEquityBasedCompensationAwardPlan" xlink:type="locator" xlink:label="lzd_PercentageOfOutstandingSharesAvailableUnderAnEquityBasedCompensationAwardPlan" />
    <label xml:lang="en-US" xlink:label="lzd_PercentageOfOutstandingSharesAvailableUnderAnEquityBasedCompensationAwardPlan_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Percentage of outstanding shares available under an equity-based compensation award plan.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_PercentageOfOutstandingSharesAvailableUnderAnEquityBasedCompensationAwardPlan" xlink:to="lzd_PercentageOfOutstandingSharesAvailableUnderAnEquityBasedCompensationAwardPlan_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_PercentageOfOutstandingSharesAvailableUnderAnEquityBasedCompensationAwardPlan_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Percentage of outstanding Class A common stock available under the plan</label>
    <label xml:lang="en-US" xlink:label="lzd_PercentageOfOutstandingSharesAvailableUnderAnEquityBasedCompensationAwardPlan_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Percentage Of Outstanding Shares Available Under An Equity Based Compensation Award Plan</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardExpirationDate" xlink:type="locator" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardExpirationDate" />
    <label xml:lang="en-US" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardExpirationDate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Compensation plan expiration period</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardExpirationDate" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardExpirationDate_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardExpirationDate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Share Based Compensation Arrangement By Share Based Payment Award Expiration Date</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareBasedCompensationAllocationAndClassificationInFinancialStatementsAbstract" xlink:type="locator" xlink:label="us-gaap_ShareBasedCompensationAllocationAndClassificationInFinancialStatementsAbstract" />
    <label xml:lang="en-US" xlink:label="us-gaap_ShareBasedCompensationAllocationAndClassificationInFinancialStatementsAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Share-based incentive awards:</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationAllocationAndClassificationInFinancialStatementsAbstract" xlink:to="us-gaap_ShareBasedCompensationAllocationAndClassificationInFinancialStatementsAbstract_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_ShareBasedCompensationAllocationAndClassificationInFinancialStatementsAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Share Based Compensation Allocation And Classification In Financial Statements [Abstract]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AllocatedShareBasedCompensationExpense" xlink:type="locator" xlink:label="us-gaap_AllocatedShareBasedCompensationExpense" />
    <label xml:lang="en-US" xlink:label="us-gaap_AllocatedShareBasedCompensationExpense_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Share-based incentive awards</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AllocatedShareBasedCompensationExpense" xlink:to="us-gaap_AllocatedShareBasedCompensationExpense_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_AllocatedShareBasedCompensationExpense_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Allocated Share Based Compensation Expense</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_CommonStockConversionBasis" xlink:type="locator" xlink:label="us-gaap_CommonStockConversionBasis" />
    <label xml:lang="en-US" xlink:label="us-gaap_CommonStockConversionBasis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common stock conversion basis</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockConversionBasis" xlink:to="us-gaap_CommonStockConversionBasis_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_CommonStockConversionBasis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock Conversion Basis</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingRights" xlink:type="locator" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingRights" />
    <label xml:lang="en-US" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingRights_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Grant date fair value, amortized periods</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingRights" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingRights_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingRights_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Rights</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_IssuanceOfRestrictedStockUnitsInConnectionWithDividendParticipationRights" xlink:type="locator" xlink:label="lzd_IssuanceOfRestrictedStockUnitsInConnectionWithDividendParticipationRights" />
    <label xml:lang="en-US" xlink:label="lzd_IssuanceOfRestrictedStockUnitsInConnectionWithDividendParticipationRights_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Issuance of restricted stock units in connection with dividend participation rights.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_IssuanceOfRestrictedStockUnitsInConnectionWithDividendParticipationRights" xlink:to="lzd_IssuanceOfRestrictedStockUnitsInConnectionWithDividendParticipationRights_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_IssuanceOfRestrictedStockUnitsInConnectionWithDividendParticipationRights_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Dividend participation rights required the issuance of RSUs</label>
    <label xml:lang="en-US" xlink:label="lzd_IssuanceOfRestrictedStockUnitsInConnectionWithDividendParticipationRights_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Issuance Of Restricted Stock Units In Connection With Dividend Participation Rights</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_PercentageOfAnnualCompensationReceivedByDirectorsInDeferredStockUnits" xlink:type="locator" xlink:label="lzd_PercentageOfAnnualCompensationReceivedByDirectorsInDeferredStockUnits" />
    <label xml:lang="en-US" xlink:label="lzd_PercentageOfAnnualCompensationReceivedByDirectorsInDeferredStockUnits_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Percentage of annual compensation received by directors in deferred stock units.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_PercentageOfAnnualCompensationReceivedByDirectorsInDeferredStockUnits" xlink:to="lzd_PercentageOfAnnualCompensationReceivedByDirectorsInDeferredStockUnits_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_PercentageOfAnnualCompensationReceivedByDirectorsInDeferredStockUnits_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Percentage of annual compensation received by directors in the form of DSUs</label>
    <label xml:lang="en-US" xlink:label="lzd_PercentageOfAnnualCompensationReceivedByDirectorsInDeferredStockUnits_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Percentage Of Annual Compensation Received By Directors In Deferred Stock Units</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DeferredCompensationArrangementWithIndividualSharesIssued" xlink:type="locator" xlink:label="us-gaap_DeferredCompensationArrangementWithIndividualSharesIssued" />
    <label xml:lang="en-US" xlink:label="us-gaap_DeferredCompensationArrangementWithIndividualSharesIssued_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Annual compensation paid in DSUs</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredCompensationArrangementWithIndividualSharesIssued" xlink:to="us-gaap_DeferredCompensationArrangementWithIndividualSharesIssued_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_DeferredCompensationArrangementWithIndividualSharesIssued_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Deferred Compensation Arrangement With Individual Shares Issued</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_UnitsGrantedDirectorsDeferredUnitPlan" xlink:type="locator" xlink:label="lzd_UnitsGrantedDirectorsDeferredUnitPlan" />
    <label xml:lang="en-US" xlink:label="lzd_UnitsGrantedDirectorsDeferredUnitPlan_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Number of shares granted to directors under the Directors Fee deferral unit plan.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_UnitsGrantedDirectorsDeferredUnitPlan" xlink:to="lzd_UnitsGrantedDirectorsDeferredUnitPlan_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_UnitsGrantedDirectorsDeferredUnitPlan_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Units granted under the directors deferred unit plan</label>
    <label xml:lang="en-US" xlink:label="lzd_UnitsGrantedDirectorsDeferredUnitPlan_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Units Granted Directors Deferred Unit Plan</label>
    <label xml:lang="en-US" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Share-based compensation arrangement by share-based payment award [Line Items]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber" xlink:type="locator" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber" />
    <label xml:lang="en-US" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Units, Beginning Balance</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod" xlink:type="locator" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod" />
    <label xml:lang="en-US" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Units, Granted</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod" xlink:type="locator" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod" />
    <label xml:lang="en-US" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Units, Forfeited</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod" xlink:type="locator" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod" />
    <label xml:lang="en-US" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Units, Settled</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period</label>
    <label xml:lang="en-US" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Units, Ending Balance</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue" xlink:type="locator" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue" />
    <label xml:lang="en-US" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Weighted Average Grant Date Fair Value, Beginning Balance</label>
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    <label xml:lang="en-US" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value</label>
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    <label xml:lang="en-US" xlink:label="lzd_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsUnitsEarnedInPeriod_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Units, Earned</label>
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    <loc xlink:href="lzd-20181231.xsd#lzd_PrepaidCompensationAssetGranted" xlink:type="locator" xlink:label="lzd_PrepaidCompensationAssetGranted" />
    <label xml:lang="en-US" xlink:label="lzd_PrepaidCompensationAssetGranted_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Prepaid compensation asset, granted.</label>
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    <label xml:lang="en-US" xlink:label="lzd_PrepaidCompensationAssetSettled_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Prepaid compensation asset, settled.</label>
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    <label xml:lang="en-US" xlink:label="lzd_PrepaidCompensationAssetForfeited_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Prepaid compensation asset forfeited.</label>
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    <label xml:lang="en-US" xlink:label="lzd_PrepaidCompensationAssetAmortization_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Prepaid compensation asset, amortization.</label>
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    <loc xlink:href="lzd-20181231.xsd#lzd_PrepaidCompensationAssetAdjustmentToForfeiture" xlink:type="locator" xlink:label="lzd_PrepaidCompensationAssetAdjustmentToForfeiture" />
    <label xml:lang="en-US" xlink:label="lzd_PrepaidCompensationAssetAdjustmentToForfeiture_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Prepaid compensation asset adjustment to forfeiture.</label>
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    <loc xlink:href="lzd-20181231.xsd#lzd_PrepaidCompensationAssetForeignCurrencyTranslationAndOtherAdjustments" xlink:type="locator" xlink:label="lzd_PrepaidCompensationAssetForeignCurrencyTranslationAndOtherAdjustments" />
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    <label xml:lang="en-US" xlink:label="us-gaap_ScheduleOfDeferredCompensationArrangementWithIndividualExcludingShareBasedPaymentsAndPostretirementBenefitsByTitleOfIndividualAndByTypeOfDeferredCompensationTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Schedule Of Deferred Compensation Arrangement With Individual Excluding Share Based Payments And Postretirement Benefits By Title Of Individual And By Type Of Deferred Compensation [Table]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DeferredCompensationArrangementWithIndividualExcludingShareBasedPaymentsAndPostretirementBenefitsLineItems" xlink:type="locator" xlink:label="us-gaap_DeferredCompensationArrangementWithIndividualExcludingShareBasedPaymentsAndPostretirementBenefitsLineItems" />
    <label xml:lang="en-US" xlink:label="us-gaap_DeferredCompensationArrangementWithIndividualExcludingShareBasedPaymentsAndPostretirementBenefitsLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Deferred Compensation Arrangement With Individual Excluding Share Based Payments And Postretirement Benefits [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredCompensationArrangementWithIndividualExcludingShareBasedPaymentsAndPostretirementBenefitsLineItems" xlink:to="us-gaap_DeferredCompensationArrangementWithIndividualExcludingShareBasedPaymentsAndPostretirementBenefitsLineItems_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_DeferredCompensationArrangementWithIndividualExcludingShareBasedPaymentsAndPostretirementBenefitsLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Deferred Compensation Arrangement With Individual Excluding Share Based Payments And Postretirement Benefits [Line Items]</label>
    <label xml:lang="en-US" xlink:label="lzd_PrepaidCompensationAsset_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Prepaid Compensation Asset, Beginning Balance</label>
    <label xml:lang="en-US" xlink:label="lzd_PrepaidCompensationAssetGranted_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Prepaid Compensation Asset, Granted</label>
    <label xml:lang="en-US" xlink:label="lzd_PrepaidCompensationAssetGranted_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Prepaid Compensation Asset Granted</label>
    <label xml:lang="en-US" xlink:label="lzd_PrepaidCompensationAssetSettled_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Prepaid Compensation Asset, Settled</label>
    <label xml:lang="en-US" xlink:label="lzd_PrepaidCompensationAssetSettled_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Prepaid Compensation Asset Settled</label>
    <label xml:lang="en-US" xlink:label="lzd_PrepaidCompensationAssetForfeited_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Prepaid Compensation Asset, Forfeited</label>
    <label xml:lang="en-US" xlink:label="lzd_PrepaidCompensationAssetForfeited_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Prepaid Compensation Asset Forfeited</label>
    <label xml:lang="en-US" xlink:label="lzd_PrepaidCompensationAssetAmortization_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Prepaid Compensation Asset, Amortization</label>
    <label xml:lang="en-US" xlink:label="lzd_PrepaidCompensationAssetAmortization_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Prepaid Compensation Asset Amortization</label>
    <label xml:lang="en-US" xlink:label="lzd_PrepaidCompensationAssetChangeInFairValue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Prepaid Compensation Asset, Increase (decrease) in fair value of underlying investments</label>
    <label xml:lang="en-US" xlink:label="lzd_PrepaidCompensationAssetChangeInFairValue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Prepaid Compensation Asset Change In Fair Value</label>
    <label xml:lang="en-US" xlink:label="lzd_PrepaidCompensationAssetAdjustmentToForfeiture_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Prepaid Compensation Asset, Adjustment for estimated forfeitures</label>
    <label xml:lang="en-US" xlink:label="lzd_PrepaidCompensationAssetAdjustmentToForfeiture_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Prepaid Compensation Asset Adjustment To Forfeiture</label>
    <label xml:lang="en-US" xlink:label="lzd_PrepaidCompensationAssetForeignCurrencyTranslationAndOtherAdjustments_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Prepaid Compensation Asset, Other</label>
    <label xml:lang="en-US" xlink:label="lzd_PrepaidCompensationAssetForeignCurrencyTranslationAndOtherAdjustments_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Prepaid Compensation Asset Foreign Currency Translation And Other Adjustments</label>
    <label xml:lang="en-US" xlink:label="lzd_PrepaidCompensationAsset_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Prepaid Compensation Asset, Ending Balance</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_DerivativeLiabilityGranted" xlink:type="locator" xlink:label="lzd_DerivativeLiabilityGranted" />
    <label xml:lang="en-US" xlink:label="lzd_DerivativeLiabilityGranted_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Derivative liability, granted.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_DerivativeLiabilityGranted" xlink:to="lzd_DerivativeLiabilityGranted_lbl" />
    <loc xlink:href="lzd-20181231.xsd#lzd_DerivativeLiabilitySettled" xlink:type="locator" xlink:label="lzd_DerivativeLiabilitySettled" />
    <label xml:lang="en-US" xlink:label="lzd_DerivativeLiabilitySettled_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Derivative liability settled.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_DerivativeLiabilitySettled" xlink:to="lzd_DerivativeLiabilitySettled_lbl" />
    <loc xlink:href="lzd-20181231.xsd#lzd_DerivativeLiabilityForfeited" xlink:type="locator" xlink:label="lzd_DerivativeLiabilityForfeited" />
    <label xml:lang="en-US" xlink:label="lzd_DerivativeLiabilityForfeited_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Derivative liability forfeited.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_DerivativeLiabilityForfeited" xlink:to="lzd_DerivativeLiabilityForfeited_lbl" />
    <loc xlink:href="lzd-20181231.xsd#lzd_DerivativeLiabilityAmortizations" xlink:type="locator" xlink:label="lzd_DerivativeLiabilityAmortizations" />
    <label xml:lang="en-US" xlink:label="lzd_DerivativeLiabilityAmortizations_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Derivative liability amortizations.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_DerivativeLiabilityAmortizations" xlink:to="lzd_DerivativeLiabilityAmortizations_lbl" />
    <loc xlink:href="lzd-20181231.xsd#lzd_DerivativeLiabilityChangeInFairValue" xlink:type="locator" xlink:label="lzd_DerivativeLiabilityChangeInFairValue" />
    <label xml:lang="en-US" xlink:label="lzd_DerivativeLiabilityChangeInFairValue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Derivative liability, change in fair value.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_DerivativeLiabilityChangeInFairValue" xlink:to="lzd_DerivativeLiabilityChangeInFairValue_lbl" />
    <loc xlink:href="lzd-20181231.xsd#lzd_DerivativeLiabilityAdjustmentToForfeiture" xlink:type="locator" xlink:label="lzd_DerivativeLiabilityAdjustmentToForfeiture" />
    <label xml:lang="en-US" xlink:label="lzd_DerivativeLiabilityAdjustmentToForfeiture_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Derivative liability, adjustment to forfeiture.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_DerivativeLiabilityAdjustmentToForfeiture" xlink:to="lzd_DerivativeLiabilityAdjustmentToForfeiture_lbl" />
    <loc xlink:href="lzd-20181231.xsd#lzd_DerivativeLiabilityForeignCurrencyTranslationAndOtherAdjustments" xlink:type="locator" xlink:label="lzd_DerivativeLiabilityForeignCurrencyTranslationAndOtherAdjustments" />
    <label xml:lang="en-US" xlink:label="lzd_DerivativeLiabilityForeignCurrencyTranslationAndOtherAdjustments_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Derivative liability, foreign currency translation and other adjustments.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_DerivativeLiabilityForeignCurrencyTranslationAndOtherAdjustments" xlink:to="lzd_DerivativeLiabilityForeignCurrencyTranslationAndOtherAdjustments_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_DerivativeLiabilities_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Compensation Liability, Beginning Balance</label>
    <label xml:lang="en-US" xlink:label="lzd_DerivativeLiabilityGranted_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Compensation Liability, Granted</label>
    <label xml:lang="en-US" xlink:label="lzd_DerivativeLiabilityGranted_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Derivative Liability Granted</label>
    <label xml:lang="en-US" xlink:label="lzd_DerivativeLiabilitySettled_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Compensation Liability, Settled</label>
    <label xml:lang="en-US" xlink:label="lzd_DerivativeLiabilitySettled_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Derivative Liability Settled</label>
    <label xml:lang="en-US" xlink:label="lzd_DerivativeLiabilityForfeited_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Compensation Liability, Forfeited</label>
    <label xml:lang="en-US" xlink:label="lzd_DerivativeLiabilityForfeited_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Derivative Liability Forfeited</label>
    <label xml:lang="en-US" xlink:label="lzd_DerivativeLiabilityAmortizations_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Compensation Liability, Amortization</label>
    <label xml:lang="en-US" xlink:label="lzd_DerivativeLiabilityAmortizations_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Derivative Liability Amortizations</label>
    <label xml:lang="en-US" xlink:label="lzd_DerivativeLiabilityChangeInFairValue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Compensation Liability, Increase (decrease) in fair value of underlying investments</label>
    <label xml:lang="en-US" xlink:label="lzd_DerivativeLiabilityChangeInFairValue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Derivative Liability Change In Fair Value</label>
    <label xml:lang="en-US" xlink:label="lzd_DerivativeLiabilityAdjustmentToForfeiture_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Compensation Liability, Adjustment for estimated forfeitures</label>
    <label xml:lang="en-US" xlink:label="lzd_DerivativeLiabilityAdjustmentToForfeiture_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Derivative Liability Adjustment To Forfeiture</label>
    <label xml:lang="en-US" xlink:label="lzd_DerivativeLiabilityForeignCurrencyTranslationAndOtherAdjustments_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Compensation Liability, Other</label>
    <label xml:lang="en-US" xlink:label="lzd_DerivativeLiabilityForeignCurrencyTranslationAndOtherAdjustments_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Derivative Liability Foreign Currency Translation And Other Adjustments</label>
    <label xml:lang="en-US" xlink:label="us-gaap_DerivativeLiabilities_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Compensation Liability, Ending Balance</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_AmortizationOfAwardedGrantsNetOfForfeitures" xlink:type="locator" xlink:label="lzd_AmortizationOfAwardedGrantsNetOfForfeitures" />
    <label xml:lang="en-US" xlink:label="lzd_AmortizationOfAwardedGrantsNetOfForfeitures_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Amortization of awarded grants, net of forfeitures.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_AmortizationOfAwardedGrantsNetOfForfeitures" xlink:to="lzd_AmortizationOfAwardedGrantsNetOfForfeitures_lbl" />
    <loc xlink:href="lzd-20181231.xsd#lzd_CompensationExpenseRelatedToChangeInFairValueOfUnderlyingInvestments" xlink:type="locator" xlink:label="lzd_CompensationExpenseRelatedToChangeInFairValueOfUnderlyingInvestments" />
    <label xml:lang="en-US" xlink:label="lzd_CompensationExpenseRelatedToChangeInFairValueOfUnderlyingInvestments_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Compensation expense related to the change in fair value of the underlying investments.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_CompensationExpenseRelatedToChangeInFairValueOfUnderlyingInvestments" xlink:to="lzd_CompensationExpenseRelatedToChangeInFairValueOfUnderlyingInvestments_lbl" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareBasedCompensationAbstract" xlink:type="locator" xlink:label="us-gaap_ShareBasedCompensationAbstract" />
    <label xml:lang="en-US" xlink:label="us-gaap_ShareBasedCompensationAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Share Based Compensation [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationAbstract" xlink:to="us-gaap_ShareBasedCompensationAbstract_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_AmortizationOfAwardedGrantsNetOfForfeitures_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amortization, net of forfeitures</label>
    <label xml:lang="en-US" xlink:label="lzd_AmortizationOfAwardedGrantsNetOfForfeitures_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Amortization Of Awarded Grants Net Of Forfeitures</label>
    <label xml:lang="en-US" xlink:label="lzd_CompensationExpenseRelatedToChangeInFairValueOfUnderlyingInvestments_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Change in the fair value of underlying investments</label>
    <label xml:lang="en-US" xlink:label="lzd_CompensationExpenseRelatedToChangeInFairValueOfUnderlyingInvestments_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Compensation Expense Related To Change In Fair Value Of Underlying Investments</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DeferredCompensationArrangementWithIndividualAllocatedShareBasedCompensationExpense" xlink:type="locator" xlink:label="us-gaap_DeferredCompensationArrangementWithIndividualAllocatedShareBasedCompensationExpense" />
    <label xml:lang="en-US" xlink:label="us-gaap_DeferredCompensationArrangementWithIndividualAllocatedShareBasedCompensationExpense_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredCompensationArrangementWithIndividualAllocatedShareBasedCompensationExpense" xlink:to="us-gaap_DeferredCompensationArrangementWithIndividualAllocatedShareBasedCompensationExpense_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_DeferredCompensationArrangementWithIndividualAllocatedShareBasedCompensationExpense_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Deferred Compensation Arrangement With Individual Allocated Share Based Compensation Expense</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_DeferredIncentiveCompensationAwardsGranted" xlink:type="locator" xlink:label="lzd_DeferredIncentiveCompensationAwardsGranted" />
    <label xml:lang="en-US" xlink:label="lzd_DeferredIncentiveCompensationAwardsGranted_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Deferred incentive compensation awards granted.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_DeferredIncentiveCompensationAwardsGranted" xlink:to="lzd_DeferredIncentiveCompensationAwardsGranted_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_DeferredIncentiveCompensationAwardsGranted_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Deferred incentive compensation awards</label>
    <label xml:lang="en-US" xlink:label="lzd_DeferredIncentiveCompensationAwardsGranted_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Deferred Incentive Compensation Awards Granted</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingDescription" xlink:type="locator" xlink:label="lzd_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingDescription" />
    <label xml:lang="en-US" xlink:label="lzd_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingDescription_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Share based compensation arrangement by share based payment award award vesting description.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingDescription" xlink:to="lzd_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingDescription_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingDescription_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Award vesting description</label>
    <label xml:lang="en-US" xlink:label="lzd_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingDescription_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Description</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable" xlink:type="locator" xlink:label="us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable" />
    <label xml:lang="en-US" xlink:label="us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule Of Defined Benefit Plans Disclosures [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable" xlink:to="us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Schedule Of Defined Benefit Plans Disclosures [Table]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_RetirementPlanTypeAxis" xlink:type="locator" xlink:label="us-gaap_RetirementPlanTypeAxis" />
    <label xml:lang="en-US" xlink:label="us-gaap_RetirementPlanTypeAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Retirement Plan Type</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RetirementPlanTypeAxis" xlink:to="us-gaap_RetirementPlanTypeAxis_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_RetirementPlanTypeAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Retirement Plan Type [Axis]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_RetirementPlanTypeDomain" xlink:type="locator" xlink:label="us-gaap_RetirementPlanTypeDomain" />
    <label xml:lang="en-US" xlink:label="us-gaap_RetirementPlanTypeDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Retirement Plan Type</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RetirementPlanTypeDomain" xlink:to="us-gaap_RetirementPlanTypeDomain_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_RetirementPlanTypeDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Retirement Plan Type [Domain]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DefinedBenefitPostretirementHealthCoverageMember" xlink:type="locator" xlink:label="us-gaap_DefinedBenefitPostretirementHealthCoverageMember" />
    <label xml:lang="en-US" xlink:label="us-gaap_DefinedBenefitPostretirementHealthCoverageMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Medical Plan [Member]</label>
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    <label xml:lang="en-US" xlink:label="country_US_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Unites States [Member]</label>
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    <label xml:lang="en-US" xlink:label="country_US_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">UNITED STATES</label>
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    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis" xlink:type="locator" xlink:label="us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis" />
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    <label xml:lang="en-US" xlink:label="lzd_EquitiesAndEquityFundsMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Equities and equity funds.</label>
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    <label xml:lang="en-US" xlink:label="lzd_DebtAndDebtFundsMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Debt and debt funds.</label>
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    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DefinedBenefitPlanCashMember" xlink:type="locator" xlink:label="us-gaap_DefinedBenefitPlanCashMember" />
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    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DefinedBenefitPlanExpectedFutureEmployerContributionsNextFiscalYear" xlink:type="locator" xlink:label="us-gaap_DefinedBenefitPlanExpectedFutureEmployerContributionsNextFiscalYear" />
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    <loc xlink:href="lzd-20181231.xsd#lzd_PensionAndOtherPostretirementAndPostemploymentBenefitPlansAssets" xlink:type="locator" xlink:label="lzd_PensionAndOtherPostretirementAndPostemploymentBenefitPlansAssets" />
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    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DefinedBenefitPlanChangeInBenefitObligationRollForward" xlink:type="locator" xlink:label="us-gaap_DefinedBenefitPlanChangeInBenefitObligationRollForward" />
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    <label xml:lang="en-US" xlink:label="us-gaap_DefinedBenefitPlanServiceCost_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Service cost</label>
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    <label xml:lang="en-US" xlink:label="us-gaap_DefinedBenefitPlanServiceCost_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Defined Benefit Plan Service Cost</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DefinedBenefitPlanInterestCost" xlink:type="locator" xlink:label="us-gaap_DefinedBenefitPlanInterestCost" />
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    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DefinedBenefitPlanAmortizationOfGainsLosses" xlink:type="locator" xlink:label="us-gaap_DefinedBenefitPlanAmortizationOfGainsLosses" />
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    <label xml:lang="en-US" xlink:label="us-gaap_DefinedBenefitPlanExpectedAmortizationOfGainLossNextFiscalYear_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Net actuarial loss</label>
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    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DefinedBenefitPlanExpectedAmortizationOfPriorServiceCostCreditNextFiscalYear" xlink:type="locator" xlink:label="us-gaap_DefinedBenefitPlanExpectedAmortizationOfPriorServiceCostCreditNextFiscalYear" />
    <label xml:lang="en-US" xlink:label="us-gaap_DefinedBenefitPlanExpectedAmortizationOfPriorServiceCostCreditNextFiscalYear_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Prior service cost</label>
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    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate" xlink:type="locator" xlink:label="us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate" />
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    <label xml:lang="en-US" xlink:label="us-gaap_DefinedBenefitPlanHealthCareCostTrendRateAssumedNextFiscalYear_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Defined Benefit Plan Health Care Cost Trend Rate Assumed Next Fiscal Year</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DefinedBenefitPlanUltimateHealthCareCostTrendRate1" xlink:type="locator" xlink:label="us-gaap_DefinedBenefitPlanUltimateHealthCareCostTrendRate1" />
    <label xml:lang="en-US" xlink:label="us-gaap_DefinedBenefitPlanUltimateHealthCareCostTrendRate1_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Healthcare cost trend rates used to determine net periodic benefit cost, Ultimate</label>
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    <label xml:lang="en-US" xlink:label="us-gaap_DefinedBenefitPlanUltimateHealthCareCostTrendRate1_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Defined Benefit Plan Ultimate Health Care Cost Trend Rate1</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DefinedBenefitPlanYearHealthCareCostTrendRateReachesUltimateTrendRate" xlink:type="locator" xlink:label="us-gaap_DefinedBenefitPlanYearHealthCareCostTrendRateReachesUltimateTrendRate" />
    <label xml:lang="en-US" xlink:label="us-gaap_DefinedBenefitPlanYearHealthCareCostTrendRateReachesUltimateTrendRate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Healthcare cost trend rates used to determine net periodic benefit cost, Year ultimate trend rate achieved</label>
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    <label xml:lang="en-US" xlink:label="us-gaap_DefinedBenefitPlanYearHealthCareCostTrendRateReachesUltimateTrendRate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Defined Benefit Plan Year Health Care Cost Trend Rate Reaches Ultimate Trend Rate</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths" xlink:type="locator" xlink:label="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths" />
    <label xml:lang="en-US" xlink:label="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2019</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths" xlink:to="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Defined Benefit Plan Expected Future Benefit Payments Next Twelve Months</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo" xlink:type="locator" xlink:label="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo" />
    <label xml:lang="en-US" xlink:label="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2020</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo" xlink:to="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Defined Benefit Plan Expected Future Benefit Payments Year Two</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree" xlink:type="locator" xlink:label="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree" />
    <label xml:lang="en-US" xlink:label="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2021</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree" xlink:to="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Defined Benefit Plan Expected Future Benefit Payments Year Three</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour" xlink:type="locator" xlink:label="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour" />
    <label xml:lang="en-US" xlink:label="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2022</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour" xlink:to="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Defined Benefit Plan Expected Future Benefit Payments Year Four</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive" xlink:type="locator" xlink:label="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive" />
    <label xml:lang="en-US" xlink:label="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2023</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive" xlink:to="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Defined Benefit Plan Expected Future Benefit Payments Year Five</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsFiveFiscalYearsThereafter" xlink:type="locator" xlink:label="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsFiveFiscalYearsThereafter" />
    <label xml:lang="en-US" xlink:label="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsFiveFiscalYearsThereafter_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2024-2028</label>
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    <label xml:lang="en-US" xlink:label="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsFiveFiscalYearsThereafter_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Defined Benefit Plan Expected Future Benefit Payments Five Fiscal Years Thereafter</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DefinedBenefitPlanDebtSecurityMember" xlink:type="locator" xlink:label="us-gaap_DefinedBenefitPlanDebtSecurityMember" />
    <label xml:lang="en-US" xlink:label="us-gaap_DefinedBenefitPlanDebtSecurityMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Debt [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanDebtSecurityMember" xlink:to="us-gaap_DefinedBenefitPlanDebtSecurityMember_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_DefinedBenefitPlanDebtSecurityMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Defined Benefit Plan Debt Security [Member]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DefinedBenefitPlanEquitySecuritiesMember" xlink:type="locator" xlink:label="us-gaap_DefinedBenefitPlanEquitySecuritiesMember" />
    <label xml:lang="en-US" xlink:label="us-gaap_DefinedBenefitPlanEquitySecuritiesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Equities [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanEquitySecuritiesMember" xlink:to="us-gaap_DefinedBenefitPlanEquitySecuritiesMember_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_DefinedBenefitPlanEquitySecuritiesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Defined Benefit Plan Equity Securities [Member]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DefinedBenefitPlanDerivativeMember" xlink:type="locator" xlink:label="us-gaap_DefinedBenefitPlanDerivativeMember" />
    <label xml:lang="en-US" xlink:label="us-gaap_DefinedBenefitPlanDerivativeMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Derivative [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanDerivativeMember" xlink:to="us-gaap_DefinedBenefitPlanDerivativeMember_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_DefinedBenefitPlanDerivativeMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Defined Benefit Plan Derivative [Member]</label>
    <label xml:lang="en-US" xlink:label="us-gaap_DefinedBenefitPlanFairValueOfPlanAssets_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Plan assets measured at fair value</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_EquityFundsThatInvestedInFundsManagedByCompany" xlink:type="locator" xlink:label="lzd_EquityFundsThatInvestedInFundsManagedByCompany" />
    <label xml:lang="en-US" xlink:label="lzd_EquityFundsThatInvestedInFundsManagedByCompany_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">The amount of equity funds that are invested in funds that are managed by the company.</label>
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    <label xml:lang="en-US" xlink:label="lzd_EquityFundsThatInvestedInFundsManagedByCompany_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Equity funds that are invested in funds managed by the company</label>
    <label xml:lang="en-US" xlink:label="lzd_EquityFundsThatInvestedInFundsManagedByCompany_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Equity Funds That Invested In Funds Managed By Company</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_DefinedBenefitPlanTargetAllocationPercentageOfAssetsDebtFunds" xlink:type="locator" xlink:label="lzd_DefinedBenefitPlanTargetAllocationPercentageOfAssetsDebtFunds" />
    <label xml:lang="en-US" xlink:label="lzd_DefinedBenefitPlanTargetAllocationPercentageOfAssetsDebtFunds_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Defined benefit plan target allocation percentage of assets debt funds.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_DefinedBenefitPlanTargetAllocationPercentageOfAssetsDebtFunds" xlink:to="lzd_DefinedBenefitPlanTargetAllocationPercentageOfAssetsDebtFunds_lbl" />
    <loc xlink:href="lzd-20181231.xsd#lzd_DefinedBenefitPlanTargetAllocationPercentageOfPlanAssetsInvested" xlink:type="locator" xlink:label="lzd_DefinedBenefitPlanTargetAllocationPercentageOfPlanAssetsInvested" />
    <label xml:lang="en-US" xlink:label="lzd_DefinedBenefitPlanTargetAllocationPercentageOfPlanAssetsInvested_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Defined benefit plan, target allocation, percentage of plan assets invested.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_DefinedBenefitPlanTargetAllocationPercentageOfPlanAssetsInvested" xlink:to="lzd_DefinedBenefitPlanTargetAllocationPercentageOfPlanAssetsInvested_lbl" />
    <loc xlink:href="lzd-20181231.xsd#lzd_DefinedBenefitPlanTargetAllocationPercentageOfAssetsEquityFunds" xlink:type="locator" xlink:label="lzd_DefinedBenefitPlanTargetAllocationPercentageOfAssetsEquityFunds" />
    <label xml:lang="en-US" xlink:label="lzd_DefinedBenefitPlanTargetAllocationPercentageOfAssetsEquityFunds_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Defined benefit plan target allocation percentage of assets equity funds.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_DefinedBenefitPlanTargetAllocationPercentageOfAssetsEquityFunds" xlink:to="lzd_DefinedBenefitPlanTargetAllocationPercentageOfAssetsEquityFunds_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_DefinedBenefitPlanTargetAllocationPercentageOfAssetsEquityFunds_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Percentage of plans&apos; assets in equity funds</label>
    <label xml:lang="en-US" xlink:label="lzd_DefinedBenefitPlanTargetAllocationPercentageOfAssetsEquityFunds_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Defined Benefit Plan Target Allocation Percentage Of Assets Equity Funds</label>
    <label xml:lang="en-US" xlink:label="lzd_DefinedBenefitPlanTargetAllocationPercentageOfAssetsDebtFunds_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Percentage of plans&apos; assets in debt funds</label>
    <label xml:lang="en-US" xlink:label="lzd_DefinedBenefitPlanTargetAllocationPercentageOfAssetsDebtFunds_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Defined Benefit Plan Target Allocation Percentage Of Assets Debt Funds</label>
    <label xml:lang="en-US" xlink:label="lzd_DefinedBenefitPlanTargetAllocationPercentageOfPlanAssetsInvested_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Percentage of plan assets invested</label>
    <label xml:lang="en-US" xlink:label="lzd_DefinedBenefitPlanTargetAllocationPercentageOfPlanAssetsInvested_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Defined Benefit Plan Target Allocation Percentage Of Plan Assets Invested</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DefinedContributionPlanEmployerDiscretionaryContributionAmount" xlink:type="locator" xlink:label="us-gaap_DefinedContributionPlanEmployerDiscretionaryContributionAmount" />
    <label xml:lang="en-US" xlink:label="us-gaap_DefinedContributionPlanEmployerDiscretionaryContributionAmount_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Contributions to employer sponsored defined contribution plans</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedContributionPlanEmployerDiscretionaryContributionAmount" xlink:to="us-gaap_DefinedContributionPlanEmployerDiscretionaryContributionAmount_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_DefinedContributionPlanEmployerDiscretionaryContributionAmount_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Defined Contribution Plan Employer Discretionary Contribution Amount</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_IncomeTaxLineItems" xlink:type="locator" xlink:label="lzd_IncomeTaxLineItems" />
    <label xml:lang="en-US" xlink:label="lzd_IncomeTaxLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Income tax.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_IncomeTaxLineItems" xlink:to="lzd_IncomeTaxLineItems_lbl" />
    <loc xlink:href="lzd-20181231.xsd#lzd_IncomeTaxTable" xlink:type="locator" xlink:label="lzd_IncomeTaxTable" />
    <label xml:lang="en-US" xlink:label="lzd_IncomeTaxTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Income Tax [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_IncomeTaxTable" xlink:to="lzd_IncomeTaxTable_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_IncomeTaxTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Income Tax [Table]</label>
    <label xml:lang="en-US" xlink:label="lzd_IncomeTaxTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Income Tax [Table]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_NewAccountingPronouncementMember" xlink:type="locator" xlink:label="us-gaap_NewAccountingPronouncementMember" />
    <label xml:lang="en-US" xlink:label="us-gaap_NewAccountingPronouncementMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Adjustments for New Accounting Principle [Member]</label>
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    <label xml:lang="en-US" xlink:label="us-gaap_NewAccountingPronouncementMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">New Accounting Pronouncement [Member]</label>
    <label xml:lang="en-US" xlink:label="lzd_IncomeTaxLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Income Tax [Line Items]</label>
    <label xml:lang="en-US" xlink:label="lzd_IncomeTaxLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Income Tax [Line Items]</label>
    <label xml:lang="en-US" xlink:label="us-gaap_IncomeTaxExpenseBenefit_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Income tax provisions</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost" xlink:type="locator" xlink:label="us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost" />
    <label xml:lang="en-US" xlink:label="us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Deferred tax assets recorded for previously unrecognized excess tax benefits on share-based payment awards</label>
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    <label xml:lang="en-US" xlink:label="us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DeferredTaxAssetsValuationAllowance" xlink:type="locator" xlink:label="us-gaap_DeferredTaxAssetsValuationAllowance" />
    <label xml:lang="en-US" xlink:label="us-gaap_DeferredTaxAssetsValuationAllowance_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Deferred tax assets, valuation allowance</label>
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    <loc xlink:href="lzd-20181231.xsd#lzd_DeferredTaxAssetsOperatingLossCarryforwardsAndTaxCreditCarryforwards" xlink:type="locator" xlink:label="lzd_DeferredTaxAssetsOperatingLossCarryforwardsAndTaxCreditCarryforwards" />
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    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DeferredTaxAssetsPropertyPlantAndEquipment" xlink:type="locator" xlink:label="us-gaap_DeferredTaxAssetsPropertyPlantAndEquipment" />
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    <label xml:lang="en-US" xlink:label="us-gaap_IncomeTaxExaminationPenaltiesAndInterestAccrued_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Income Tax Examination Penalties And Interest Accrued</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_UnrecognizedTaxBenefitsThatIfRecognizedWouldNotAffectTheEffectiveTaxRate" xlink:type="locator" xlink:label="lzd_UnrecognizedTaxBenefitsThatIfRecognizedWouldNotAffectTheEffectiveTaxRate" />
    <label xml:lang="en-US" xlink:label="lzd_UnrecognizedTaxBenefitsThatIfRecognizedWouldNotAffectTheEffectiveTaxRate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">The total amount of unrecognized tax benefits, that, if recognized, would not affect the effective tax rate.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_UnrecognizedTaxBenefitsThatIfRecognizedWouldNotAffectTheEffectiveTaxRate" xlink:to="lzd_UnrecognizedTaxBenefitsThatIfRecognizedWouldNotAffectTheEffectiveTaxRate_lbl" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate" xlink:type="locator" xlink:label="us-gaap_UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate" />
    <label xml:lang="en-US" xlink:label="us-gaap_UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Unrecognized tax benefits at the end of the year that, if recognized, would favorably affect the effective tax rate (includes interest and penalties of $15,830, $15,136 and $15,392, respectively)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate" xlink:to="us-gaap_UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Unrecognized Tax Benefits That Would Impact Effective Tax Rate</label>
    <label xml:lang="en-US" xlink:label="lzd_UnrecognizedTaxBenefitsThatIfRecognizedWouldNotAffectTheEffectiveTaxRate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Unrecognized tax benefits that, if recognized, would not affect the effective tax rate</label>
    <label xml:lang="en-US" xlink:label="lzd_UnrecognizedTaxBenefitsThatIfRecognizedWouldNotAffectTheEffectiveTaxRate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Unrecognized Tax Benefits That If Recognized Would Not Affect The Effective Tax Rate</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense" xlink:type="locator" xlink:label="us-gaap_UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense" />
    <label xml:lang="en-US" xlink:label="us-gaap_UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Interest and penalties recognized in current income tax expense (after giving effect to the reversal of interest and penalties of $4,889, $6,185 and $3,143, respectively)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense" xlink:to="us-gaap_UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Unrecognized Tax Benefits Income Tax Penalties And Interest Expense</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_UnrecognizedTaxBenefitsReversalOfInterestAndPenalties" xlink:type="locator" xlink:label="lzd_UnrecognizedTaxBenefitsReversalOfInterestAndPenalties" />
    <label xml:lang="en-US" xlink:label="lzd_UnrecognizedTaxBenefitsReversalOfInterestAndPenalties_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">The amount of interest and penalties reversed.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_UnrecognizedTaxBenefitsReversalOfInterestAndPenalties" xlink:to="lzd_UnrecognizedTaxBenefitsReversalOfInterestAndPenalties_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_UnrecognizedTaxBenefitsReversalOfInterestAndPenalties_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Reversal of interest and penalties</label>
    <label xml:lang="en-US" xlink:label="lzd_UnrecognizedTaxBenefitsReversalOfInterestAndPenalties_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Unrecognized Tax Benefits Reversal Of Interest And Penalties</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable" xlink:type="locator" xlink:label="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable" />
    <label xml:lang="en-US" xlink:label="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule Of Related Party Transactions By Related Party [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable" xlink:to="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Schedule Of Related Party Transactions By Related Party [Table]</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_AffiliatedFundsMember" xlink:type="locator" xlink:label="lzd_AffiliatedFundsMember" />
    <label xml:lang="en-US" xlink:label="lzd_AffiliatedFundsMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Affiliated funds.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_AffiliatedFundsMember" xlink:to="lzd_AffiliatedFundsMember_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_AffiliatedFundsMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Sponsored Funds [Member]</label>
    <label xml:lang="en-US" xlink:label="lzd_AffiliatedFundsMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Affiliated Funds [Member]</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_LazardFoundationMember" xlink:type="locator" xlink:label="lzd_LazardFoundationMember" />
    <label xml:lang="en-US" xlink:label="lzd_LazardFoundationMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Lazard foundation.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_LazardFoundationMember" xlink:to="lzd_LazardFoundationMember_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_LazardFoundationMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Lazard Foundation [Member]</label>
    <label xml:lang="en-US" xlink:label="lzd_LazardFoundationMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Lazard Foundation [Member]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_RelatedPartyTransactionLineItems" xlink:type="locator" xlink:label="us-gaap_RelatedPartyTransactionLineItems" />
    <label xml:lang="en-US" xlink:label="us-gaap_RelatedPartyTransactionLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Related Party Transaction [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RelatedPartyTransactionLineItems" xlink:to="us-gaap_RelatedPartyTransactionLineItems_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_RelatedPartyTransactionLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transaction [Line Items]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_InterestIncomeRelatedParty" xlink:type="locator" xlink:label="us-gaap_InterestIncomeRelatedParty" />
    <label xml:lang="en-US" xlink:label="us-gaap_InterestIncomeRelatedParty_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Interest income related to interest-bearing loans</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestIncomeRelatedParty" xlink:to="us-gaap_InterestIncomeRelatedParty_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_InterestIncomeRelatedParty_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Interest Income Related Party</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_NotesPayableRelatedPartiesCurrentAndNoncurrent" xlink:type="locator" xlink:label="us-gaap_NotesPayableRelatedPartiesCurrentAndNoncurrent" />
    <label xml:lang="en-US" xlink:label="us-gaap_NotesPayableRelatedPartiesCurrentAndNoncurrent_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Notes payable related parties current and noncurrent</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NotesPayableRelatedPartiesCurrentAndNoncurrent" xlink:to="us-gaap_NotesPayableRelatedPartiesCurrentAndNoncurrent_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_NotesPayableRelatedPartiesCurrentAndNoncurrent_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Notes Payable Related Parties Current And Noncurrent</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_InterestExpenseRelatedParty" xlink:type="locator" xlink:label="us-gaap_InterestExpenseRelatedParty" />
    <label xml:lang="en-US" xlink:label="us-gaap_InterestExpenseRelatedParty_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Interest expense related to interest-bearing loans with subsidiaries</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestExpenseRelatedParty" xlink:to="us-gaap_InterestExpenseRelatedParty_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_InterestExpenseRelatedParty_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Interest Expense Related Party</label>
    <label xml:lang="en-US" xlink:label="us-gaap_RevenueFromContractWithCustomerExcludingAssessedTax_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Revenue</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_TypeOfRevenueExtensibleList" xlink:type="locator" xlink:label="us-gaap_TypeOfRevenueExtensibleList" />
    <label xml:lang="en-US" xlink:label="us-gaap_TypeOfRevenueExtensibleList_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Type of Revenue [Extensible List]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TypeOfRevenueExtensibleList" xlink:to="us-gaap_TypeOfRevenueExtensibleList_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_TypeOfRevenueExtensibleList_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Type Of Revenue Extensible List</label>
    <label xml:lang="en-US" xlink:label="us-gaap_AccruedFeesAndOtherRevenueReceivable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Fees receivable</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_UnconditionalCommitmentForDonation" xlink:type="locator" xlink:label="lzd_UnconditionalCommitmentForDonation" />
    <label xml:lang="en-US" xlink:label="lzd_UnconditionalCommitmentForDonation_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Unconditional commitment for donation.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_UnconditionalCommitmentForDonation" xlink:to="lzd_UnconditionalCommitmentForDonation_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_UnconditionalCommitmentForDonation_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Unconditional commitment</label>
    <label xml:lang="en-US" xlink:label="lzd_UnconditionalCommitmentForDonation_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Unconditional Commitment For Donation</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_MinimumNetCapitalIsFixedPercentageOfIndebtednessRecordedInFocusReport" xlink:type="locator" xlink:label="lzd_MinimumNetCapitalIsFixedPercentageOfIndebtednessRecordedInFocusReport" />
    <label xml:lang="en-US" xlink:label="lzd_MinimumNetCapitalIsFixedPercentageOfIndebtednessRecordedInFocusReport_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Minimum net capital is fixed percentage of indebtedness recorded in focus report.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_MinimumNetCapitalIsFixedPercentageOfIndebtednessRecordedInFocusReport" xlink:to="lzd_MinimumNetCapitalIsFixedPercentageOfIndebtednessRecordedInFocusReport_lbl" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_RegulatedOperationsAbstract" xlink:type="locator" xlink:label="us-gaap_RegulatedOperationsAbstract" />
    <label xml:lang="en-US" xlink:label="us-gaap_RegulatedOperationsAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Regulated Operations [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RegulatedOperationsAbstract" xlink:to="us-gaap_RegulatedOperationsAbstract_lbl" />
    <loc xlink:href="lzd-20181231.xsd#lzd_RegulatoryRequirementsLineItems" xlink:type="locator" xlink:label="lzd_RegulatoryRequirementsLineItems" />
    <label xml:lang="en-US" xlink:label="lzd_RegulatoryRequirementsLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Regulatory requirements.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_RegulatoryRequirementsLineItems" xlink:to="lzd_RegulatoryRequirementsLineItems_lbl" />
    <loc xlink:href="lzd-20181231.xsd#lzd_ScheduleOfRegulatoryAuthoritiesTable" xlink:type="locator" xlink:label="lzd_ScheduleOfRegulatoryAuthoritiesTable" />
    <label xml:lang="en-US" xlink:label="lzd_ScheduleOfRegulatoryAuthoritiesTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Schedule of regulatory authorities.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_ScheduleOfRegulatoryAuthoritiesTable" xlink:to="lzd_ScheduleOfRegulatoryAuthoritiesTable_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_ScheduleOfRegulatoryAuthoritiesTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule Of Regulatory Authorities [Table]</label>
    <label xml:lang="en-US" xlink:label="lzd_ScheduleOfRegulatoryAuthoritiesTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Schedule Of Regulatory Authorities [Table]</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_UnitedKingdomSubsidiaryMember" xlink:type="locator" xlink:label="lzd_UnitedKingdomSubsidiaryMember" />
    <label xml:lang="en-US" xlink:label="lzd_UnitedKingdomSubsidiaryMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">United Kingdom subsidiary.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_UnitedKingdomSubsidiaryMember" xlink:to="lzd_UnitedKingdomSubsidiaryMember_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_UnitedKingdomSubsidiaryMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">U.K. Subsidiaries [Member]</label>
    <label xml:lang="en-US" xlink:label="lzd_UnitedKingdomSubsidiaryMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">United Kingdom Subsidiary [Member]</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_CompagnieFinanciereLazardFreresSasMember" xlink:type="locator" xlink:label="lzd_CompagnieFinanciereLazardFreresSasMember" />
    <label xml:lang="en-US" xlink:label="lzd_CompagnieFinanciereLazardFreresSasMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Compagnie Financiere Lazard Freres SAS.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_CompagnieFinanciereLazardFreresSasMember" xlink:to="lzd_CompagnieFinanciereLazardFreresSasMember_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_CompagnieFinanciereLazardFreresSasMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">CFLF [Member]</label>
    <label xml:lang="en-US" xlink:label="lzd_CompagnieFinanciereLazardFreresSasMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Compagnie Financiere Lazard Freres Sas [Member]</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_CombinedEuropeanRegulatedGroupMember" xlink:type="locator" xlink:label="lzd_CombinedEuropeanRegulatedGroupMember" />
    <label xml:lang="en-US" xlink:label="lzd_CombinedEuropeanRegulatedGroupMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Combined European regulated group.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_CombinedEuropeanRegulatedGroupMember" xlink:to="lzd_CombinedEuropeanRegulatedGroupMember_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_CombinedEuropeanRegulatedGroupMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Combined European Regulated Group [Member]</label>
    <label xml:lang="en-US" xlink:label="lzd_CombinedEuropeanRegulatedGroupMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Combined European Regulated Group [Member]</label>
    <loc xlink:href="lzd-20181231.xsd#lzd_OtherUSAndNonUSSubsidiariesMember" xlink:type="locator" xlink:label="lzd_OtherUSAndNonUSSubsidiariesMember" />
    <label xml:lang="en-US" xlink:label="lzd_OtherUSAndNonUSSubsidiariesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Other U.S. and non-U.S. subsidiaries.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="lzd_OtherUSAndNonUSSubsidiariesMember" xlink:to="lzd_OtherUSAndNonUSSubsidiariesMember_lbl" />
    <label xml:lang="en-US" xlink:label="lzd_OtherUSAndNonUSSubsidiariesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other U.S. and Non-U.S. Subsidiaries [Member]</label>
    <label xml:lang="en-US" xlink:label="lzd_OtherUSAndNonUSSubsidiariesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Other U S And Non U S Subsidiaries [Member]</label>
    <label xml:lang="en-US" xlink:label="lzd_RegulatoryRequirementsLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Regulatory Requirements [Line Items]</label>
    <label xml:lang="en-US" xlink:label="lzd_RegulatoryRequirementsLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Regulatory Requirements [Line Items]</label>
    <label xml:lang="en-US" xlink:label="lzd_MinimumNetCapitalIsFixedPercentageOfIndebtednessRecordedInFocusReport_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Specified fixed percentage, minimum required capital</label>
    <label xml:lang="en-US" xlink:label="lzd_MinimumNetCapitalIsFixedPercentageOfIndebtednessRecordedInFocusReport_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Minimum Net Capital Is Fixed Percentage Of Indebtedness Recorded In Focus Report</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_MinimumNetCapitalRequired1" xlink:type="locator" xlink:label="us-gaap_MinimumNetCapitalRequired1" />
    <label xml:lang="en-US" xlink:label="us-gaap_MinimumNetCapitalRequired1_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Minimum net capital requirement as defined under exchange act</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_MinimumNetCapitalRequired1" xlink:to="us-gaap_MinimumNetCapitalRequired1_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_MinimumNetCapitalRequired1_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Minimum Net Capital Required1</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_Capital" xlink:type="locator" xlink:label="us-gaap_Capital" />
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