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From 2001 to 2008, Lambert worked for KCM Investment Advisors, where he focused on its high net worth and institutional business. He left in 2010 to join Neuberger Berman; in September 2010 he was promoted to the position of West Coast regional director for that company's wealth management business. Lambert currently works for Morgan Stanley.

In December 1980, Cleveland placed Lambert on waivers; he became a free agent and was signed that month by the Kansas City Kings. In February 1982, Kansas City sent Lambert to the San Antonio Spurs for a third round draft selection in 1984, plus cash. In August 1982 he again was placed on waivers and became a free agent.

A 6'10" center from the University of Southern California, Lambert played in the National Basketball Association from 1975 to 1982. In the 1975 NBA draft, he was selected by the Cleveland Cavaliers as their first pick, and number 15 overall. He signed a multi-year contract in July 1975, and again in September 1979. In November 1980, Cleveland activated Lambert from the injured reserve list; he had been on the list since the beginning of the season, because of back spasms.

John Edward Lambert (born January 14, 1953) is a retired American professional basketball player born in Berkeley, California. In high school at Berkeley, he played basketball and was a member of the singing group called The State Champs, which included Glenn Burke, a professional baseball player. In 2007 he was inducted into the school's new Athletic Hall of Fame.