Born and raised in New York City, New York. Lane made her career debut at the age of 13 in George Roy Hill's 1979 movie "A Little Romance", starring opposite Sir Laurence Olivier. Soon after, she was featured on the cover of "Time" magazine. She has since appeared in several notable movie, including the 2002 movie "Unfaithful", which earned her Academy Award, Golden Globes and Screen Actors Guild Award nominations. She appeared in Zack Snyder's movie "Man of Steel".