Firm reports · November 2026
Partner-Heavy Lateral Hiring and Partner Growth: 2026 Firm Data
Four firms where partners make up 45% to 55% of lateral hires, against 27.7% market-wide, all rank in the top 10 for net partner gain. Three volume hirers whose intake is mostly associates sit outside it.
The short version
- Partners made up 27.7% of lateral moves in the 12 months to October 2026, associates 58.5%.
- Partners are about 55% of lateral hires at King & Spalding and at Spencer Fane, both in the net partner gain top 10.
- Willkie Farr & Gallagher ranks 3rd for net partner gain, with partners about 45% of its lateral hires.
- Associates are about 80% of lateral hires at Latham & Watkins, the 2nd busiest lateral hirer overall.
- Lateral partner moves rose 8.4% year on year, from 3,558 to 3,858 in the settled 12-month windows.
The analysis
Among law firms hiring lateral partners vs associates, what a firm buys says more about partner growth than how much it buys. Sartori & Partners data show partners made up 27.7% of lateral moves in the 12 months to October 2026, and associates 58.5%. Four firms tilted their intake hard toward partners: about 55% of hires at King & Spalding and at Spencer Fane, 50% at Barnes & Thornburg and 45% at Willkie Farr & Gallagher. Every one of them ranks in the top 10 for net partner gain. Three large hirers whose intake is mostly associates do not. For a firm leader, the level mix of the next ten hires is a better guide to next year's partner count than the size of the recruiting budget.
- 27.7%
- partners, share of all lateral moves, 12 months
- 58.5%
- associates, share of all lateral moves, 12 months
- +8.4%
- lateral partner moves, year on year
Firms that spend their intake on partners fill four net-gain places
Net partner flow sets the lateral partners a firm hired against the partners who left it for another firm over the same 12 months. Associates are left out of the measure, because firms that train their own associates expect to lose some of them sideways. On that basis Greenberg Traurig heads the ranking, in the 41-60 band. Willkie Farr & Gallagher is 3rd, Barnes & Thornburg 5th, Spencer Fane 8th and King & Spalding 9th. Firm rankings count individual hires; a group that joined together in one quarter adds to the market totals but not to a firm's place.
| Rank | Firm | Band |
|---|---|---|
| 1 | Greenberg Traurig | 41-60 |
| 2 | Simpson Thacher & Bartlett | 21-40 |
| 3 | Willkie Farr & Gallagher | 21-40 |
| 4 | Paul Hastings | 21-40 |
| 5 | Barnes & Thornburg | 21-40 |
| 6 | Taft Stettinius & Hollister | 21-40 |
| 7 | Sullivan & Cromwell | 11-20 |
| 8 | Spencer Fane | 11-20 |
| 9 | King & Spalding | 11-20 |
| 10 | Dorsey & Whitney | 11-20 |
The four do not share a profile beyond their mix. Their lateral partner hires all fall in the 21-40 band, yet their practices differ: litigation is about 55% of hires at Barnes & Thornburg, while corporate work is about 40% at Willkie Farr & Gallagher and banking about 30% at King & Spalding. What they have in common is that each puts at least 45% of its lateral intake into partners, against 27.7% across all firms. A firm that wants a larger partner bench in a year can read the lesson plainly: the partners have to be bought on purpose, not left as a by-product of associate recruiting.
| Level | This firm, % of lateral hires (rounded) | All firms, % of lateral moves |
|---|---|---|
| partner | 55 | 27.7 |
| associate | 35 | 58.5 |
| counsel | 10 | 12.7 |
The associate-heavy volume hirers stay off the net partner ranking
Latham & Watkins is the 2nd busiest lateral hirer in the Sartori & Partners lateral database, but associates are about 80% of its hires, against 58.5% for the market. The same is true at Linklaters, about 80% associates, and at Troutman Pepper Locke, about 75%. None of the three appears among the ten largest net partner gainers.
| Level | This firm, % of lateral hires (rounded) | All firms, % of lateral moves |
|---|---|---|
| associate | 80 | 58.5 |
| partner | 10 | 27.7 |
| counsel | 5 | 12.7 |
Their positions differ in detail. Partner flow at Linklaters and at Troutman Pepper Locke reads balanced: partners hired and partners who left for other firms roughly offset each other. Both sit in the 6-10 band for lateral partner hires and in the 101-200 group of partner hirers. Latham & Watkins is the more instructive case. It hires lateral partners in the same 21-40 band as the four partner-heavy firms and its partner flow is positive, but the net sits in the 6-10 band, under the 11-20 band of the tenth firm on the list. The gap between its hiring band and its net band is made of partners who left for other firms. Hiring partners at volume is not enough on its own; the net depends just as much on who leaves.
Size does not explain the split
Six of the seven firms are in the 1,000+ lawyers class. The exception is Spencer Fane, in the 400-999 lawyers class, which still reaches 8th place. Volume does not explain it either. King & Spalding, Barnes & Thornburg and Willkie Farr & Gallagher hired laterally in the 61-100 band at all levels, exactly the band of Linklaters and Troutman Pepper Locke. Five firms of similar size took in a similar number of lawyers; the three that bought partners grew the partner bench, and the two that bought associates held it level.
The partner-heavy mix is also a recent choice. Over 3 years, partners were about 35% of hires at King & Spalding and 30% at Willkie Farr & Gallagher, well under their latest 12-month shares, while the market's partner share held near 26.9%. Only Spencer Fane has run a partner-led mix for the whole period, at about 50% over 3 years. A rival's position on the net partner ranking can therefore change within a single hiring year, and a leader benchmarking against last year's list is looking at old intent.
Associate-heavy firms build partners by promotion instead
The associate-heavy model is not a failure to grow partners; it grows them by another route. In the promotion year to May 2026, Latham & Watkins and Linklaters each promoted partners in the 21-40 band, while all four partner-heavy firms promoted in the 11-20 band. The trade-off shows in timing: time to partner at the first two firms is longer than the market, whereas it is shorter at Barnes & Thornburg, Willkie Farr & Gallagher and Spencer Fane. Lateral partners arrive with a practice already built; promoted partners take years to produce.
Retention matters on both sides. The share of all lawyers leaving each year is below the market at King & Spalding and Barnes & Thornburg, but above the market at Willkie Farr & Gallagher, which still ranks 3rd for net partner gain. Sartori & Partners records a growing partner market behind all of this: lateral partner moves rose 8.4%, from 3,558 to 3,858, in the settled windows ending September 2026. More partners moving means more to win and more to replace, so the mix decision now carries more weight than it did a year ago.
What this means for firms building a partner bench
Decide the level mix before the budget. If partners are near the market's 27.7% of your lateral hires, expect partner growth to come mainly from promotion, on your own timetable. If the aim is net partner gain inside 12 months, the four firms here that achieved it put about 45% or more of their intake into partners, and you will meet them on the same shortlists, with the same litigation, finance and corporate candidates in view.
Track departures as closely as arrivals. A firm hiring partners in the 21-40 band can finish anywhere from the top 10 to the lower bands depending on who leaves, so pair every partner search with a review of the partners most likely to be approached. And read associate-heavy rivals correctly: their partner bench is built through promotion, so they compete hardest for senior associates who expect a track, and less often for the partner you are courting now.
Questions readers ask
Do law firms hiring lateral partners vs associates grow their partner ranks faster?
In the latest 12 months, yes: four firms with about 45% or more partners in their lateral hires all rank in the net partner gain top 10. Three associate-heavy volume hirers do not appear on it.
What share of lateral hires are partners?
Partners were 27.7% of lateral moves in the 12 months to October 2026, counsel 12.7% and associates 58.5%. Sartori & Partners counts a move when a lawyer joins another law firm with a known start month.
What does net partner flow measure?
Net partner flow sets lateral partners hired against partners who left for another firm over 12 months, leaving associates out. Greenberg Traurig leads the 2026 ranking in the 41-60 band.
Does firm size decide which firms gain partners?
No: Spencer Fane, in the 400-999 lawyers class, ranks 8th for net partner gain. Larger firms with the same hiring volume but an associate-heavy mix sit outside the top 10.
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Edition November 2026. Window: November 2025 to October 2026.
Edition November 2026. Window: November 2025 to October 2026. Source: Sartori & Partners, from public law-firm announcements, firm websites and professional profiles, checked monthly. Methodology. Spot an error? [email protected].
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